28/1253 Nepean Highway, Cheltenham

For Sale

High Yielding Investment With Newly Signed Lease

This exceptionally well-presented, high-exposure office investment offers a high yield on a newly signed 3 + 3-year lease.

Returning $22,500 P/A plus outgoings & GST with 3% annual increases, it is a great set-and-forget investment at an affordable price point, perfect for an SMSF.

Spanning 81 sqm*, this space comprises two front corner offices overlooking Nepean Hwy, an open office area, and a welcoming reception area. It also features heating/cooling and access to a communal kitchenette & amenities.

Situated on Nepean Highway, the property offers extensive highway exposure. Additionally, it is conveniently located a short walk from Westfield Southland, providing easy access to local amenities and main arterials.

Key features include:

* Newly signed 3 + 3-year lease
* Tenant: Melbourne Gold Exchange
* Total building area: 81 sqm*
* Returning $22,500 P/A plus outgoings & GST
* Newly signed 3 + 3-year lease
* Strong 3% annual increases
* Front corner office
* Total area: 81 sqm*
* Partitioned offices plus open plan area
* Kitchenette & amenities available
* Exceptional highway exposure
* Proximity to Westfield Southland shopping centre
* Split system heating and cooling
* Two (2) secure basement car parks on title
* Ideal for an SMSF

For further details or to arrange an inspection please contact:

James Glen 0401 493 277
Cameron Williams 0412 366 565

DISCLAIMER:

* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.

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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.

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