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199 Nepean Highway, Gardenvale, VIC 3185

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199 Nepean Highway, Gardenvale, VIC 3185

Gardenvale

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Sold Check
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199 Nepean Highway, Gardenvale, VIC 3185

Gardenvale

SOLD
199 Nepean Highway, Gardenvale, VIC 3185

199 Nepean Highway, Gardenvale, VIC 3185

Properties / Sold / Victoria / Gardenvale
Development Potential
Property Type
Commercial
Sub Type
Office, Retail/Shopping Centre
Land Area
1,112 m² (*approx)
LGA
Glen Eira City
Selling Method
EOI: Closing Wednesday 30 October 2024 at 12PM (AEDT).
EOI Closing Date
30 Oct 2024 12:00PM
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Exceptional Land Holding with Huge Exposure
  • 1,112 SQM Commercial Zone 2 (CZ2) Land
  • High Exposure - 50,000+* cars pass daily
  • Lease expiry May 2025

Knight Frank is pleased to offer for your consideration a high-profile property with massive exposure, 199 Nepean Highway, Gardenvale, For Sale by Expression of Interest closing Wednesday 30 October 2024 at 12PM (AEDT).

Currently tenanted by ‘Budget Car & Truck Rental Brighton’ until May 2025 returning $109,826* net per annum, this property offers opportunity to invest, develop or owner occupy.

The Commercial Zone 2 (CZ2) allows for a wide range of future uses including but not limited commercial office, large format retail, car wash, car dealership, manufacturing and much more (STCA).

Key Features –

- 1,112 sqm landholding with minimal fixtures

- Short-term holding income of $109,826* NET per annum

- Leased to ‘Budget Car & Truck Rental Brighton’ until May 2025

- Commercial Zone 2 (CZ2) Land under the Glen Eira Planning Scheme

- 10km* from Melbourne CBD

- Access via Nepean Highway Service Road

- Rear laneway access

- 200m to Gardenvale Train Station

- Close proximity to Bay Street and Martin Street retail precincts

- Over 50,000* passing cars daily

For Sale by Expression of Interest, closing Wednesday 30 October 2024 at 12PM (AEDT).

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

199 Nepean Highway Development Site Summary

Property Type
Commercial
Sub-type
Office, Retail/Shopping Centre
Land Area
1,112 m² (*approx)
Glen Eira City
Selling method
EOI: Closing Wednesday 30 October 2024 at 12PM (AEDT).
EOI Closing Date
30 Oct 2024 12:00PM

Development Site Highlights

Exceptional Land Holding with Huge Exposure
  • 1,112 SQM Commercial Zone 2 (CZ2) Land
  • High Exposure - 50,000+* cars pass daily
  • Lease expiry May 2025

Knight Frank is pleased to offer for your consideration a high-profile property with massive exposure, 199 Nepean Highway, Gardenvale, For Sale by Expression of Interest closing Wednesday 30 October 2024 at 12PM (AEDT).

Currently tenanted by ‘Budget Car & Truck Rental Brighton’ until May 2025 returning $109,826* net per annum, this property offers opportunity to invest, develop or owner occupy.

The Commercial Zone 2 (CZ2) allows for a wide range of future uses including but not limited commercial office, large format retail, car wash, car dealership, manufacturing and much more (STCA).

Key Features –

- 1,112 sqm landholding with minimal fixtures

- Short-term holding income of $109,826* NET per annum

- Leased to ‘Budget Car & Truck Rental Brighton’ until May 2025

- Commercial Zone 2 (CZ2) Land under the Glen Eira Planning Scheme

- 10km* from Melbourne CBD

- Access via Nepean Highway Service Road

- Rear laneway access

- 200m to Gardenvale Train Station

- Close proximity to Bay Street and Martin Street retail precincts

- Over 50,000* passing cars daily

For Sale by Expression of Interest, closing Wednesday 30 October 2024 at 12PM (AEDT).

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Finance Calculator

199 Nepean Highway, Gardenvale, VIC 3185

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Property Location of 199 Nepean Highway, Gardenvale, VIC 3185

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199 Nepean Highway, Gardenvale, VIC 3185 Gardenvale
Knight Frank - Melbourne
Knight Frank - Melbourne
Level 29, 120 Collins St, Melbourne VIC 3000
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