229 Nepean Highway, Edithvale

Sold

Monday, 13th November 2023

Local Favourite – Secure Tenant

* Secure 5-year lease
* Exceptional Tenant
* High-yield

Nichols Crowder is pleased to present for sale 229 Nepean Highway, a local favourite that is secured by a 5-year lease until 2027 to “Tamam Tacos”.

The 80sqm* shop is exposed to over 7,000 passing vehicles per day and is situated amongst a tightly held neighborhood strip located across from Edithvale train station. The property has 6m* of frontage onto Nepean Highway with four allocated car spaces. The colorful shop, fit-out and luminescent signage make it the stand-out of the strip.

The property is returning $27,192 per annum with the tenant paying all usual outgoings. The tenant’s fantastic business is showcased with over 50 Google reviews averaging 4.8/5 stars.

Key features include:

* Returning $27,192 per annum
* Five (5) year lease till 2027
* Tenant pays all usual outgoings
* 80sqm* shop
* Four (4) allocated car spaces
* Rear-lane access
* Opposite Edithvale train station

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

Linda Ellis 0400 480 397
Thomas Gordon 0456 353 432

PLEASE NOTE:

* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited

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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.

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