1 Follett Road, Cheltenham

For Sale or Lease

Convenient Corner Exposure

This light filled retail shop/office has great corner exposure with plenty of potential for either the investor, owner occupier or new tenant. Located on a corner of a busy retail strip in the heart of Cheltenham/Mentone, this property is a blank canvas, having been freshly painted inside and out.

Set amongst a Foodworks, Thai restaurant, café/coffee shop and health & beauty stores, this property lends itself to a wide range of uses (STCA). The property is close to main road arterials, including Nepean Highway, Centre Dandenong Road and Warrigal Road.

This tightly held strip can be your new business location or be added to your property portfolio as a great little investment.

Key property features include:

* Investment – circa 5% return
* Owner occupier – an affordable office/retail shop (STCA)
* Asking rental: $14,800 p.a. + GST & outgoings
* Total building area: 48sqm*
* Great exposure opportunity with 13.14m* of street frontage to Follet & Ward Street
* Kitchenette & bathroom amenities
* Freshly painted inside & out
* Split system heating & cooling
* Plenty of street parking available
* Easy access to major arterials
* Currently a going concern – sale is not subject to GST*

For further information or to arrange an inspection, please contact:

Andrew Pannam – 0433 518 555

NB: All areas and measurements are approximate. All prices are plus GST, unless otherwise stated. All images and renders are subject to copyright.

*Denotes Approx.

Put your property with the Leaders of the South East

We’re proud to lease and sell, through auction and private sale, hundreds of commercial and industrial properties annually. Beyond that, our property management services extend across Melbourne, into regional Victoria and interstate. Our quest for innovation, real experience, unmatched database and the fact that we’re the only commercial and industrial agents with offices that stretch from Bayside to Moorabbin, Dandenong to Carrum Downs and Carrum Downs to Mornington Peninsula has made us the Leaders of the South East.

GET IN TOUCH. WE’RE ALWAYS HERE TO HELP