News & Insights

FOR SALE BY EOI: Nepean Highway Duo

October 30, 2020

Friday 30 October 2020

Nepean Highway Duo – Occupy/Invest

1238-1240 Nepean Highway, Cheltenham

For Sale by Expression of Interest: Closing Wednesday, November 25 at 3pm

For investors and owner occupiers looking for flexibility and potentially multiple income streams, Nichols Crowder has the ideal property at 1283-1240 Nepean Highway, Cheltenham.

The property comprises two showroom buildings, one of which one is currently vacant, and the other leased for $40,000 per annum.  Both showroom premises are on separate titles, and are being offered individually or as one.

Situated on a total landholding of approximately 1,354sqm, 1238 Nepean Highway features a vacant showroom of approximately 450sqm and 1240 Nepean Highway comprises a leased showroom of around 220sqm.  These are quality buildings with good signage exposure to busy Nepean Highway.  Approximately 70,000 cars pass the property each weekday, and it is close to popular Charman Road shops and Cheltenham train station.

“There has been major government infrastructure investment in the area, including the removal of nearby railway level crossings,” explains Julian Vautin, Sales and leasing Executive.  “And with potential development opportunity of up to 7 levels (STCA) due to its flexible Activity Centre zoning, this property is sure to attract a lot of interest.”

CLICK HERE for further information

For further details contact: 

Julian Vautin 0420 406 660
Matt Nichols 0418 186 488

NB: Inspections are by appointment carried out in accordance with strict COVID-19 directions.  All areas and measurements are approximate.  All prices are plus GST, unless otherwise stated.  


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, Braeside to Dandenong and Carrum Downs to Mornington Peninsula has made us the Leaders of the South East.