338 Charman Road, Cheltenham

Sold

Thursday, 13th February 2025

Prime Investment Opportunity In Cheltenham's Thriving Hub

The perfect retail investment combines three key elements: a prime location in a bustling retail strip, a long-standing and highly regarded tenant, and a well-maintained premises. This property checks all the boxes-we believe you’ve found the ideal opportunity.

Key features include:

* Secure five-year lease with a long-term, reliable tenant
* Well-maintained single-level restaurant premises
* Acclaimed tenant: Saltimbocca Italian Restaurant – Restaurant Guru’s Italian Restaurant of the Year 2020
* Close to ample public parking, ensuring sustained foot traffic
* Thriving retail and dining precinct with high tenant appeal

Location benefits:

* Located in the bustling Charman Road retail strip, home to 140 businesses
* Close to national tenants: Chemist Warehouse, Bakers Delight, Subway, and Domino’s Pizza
* Excellent connectivity to Nepean Highway, Southland Shopping Centre, and public transport
* High population growth area with approximately 24,000 residents (2021 Census)
* Recently upgraded Cheltenham Train Station & three-level car park
* Strong demand for apartment living due to nearby developments

INVEST THEN SET AND FORGET!

A well-maintained property with minimal capital input required and long-term lease security.

For further details or to arrange an inspection please contact:

Nichols Crowder
David McIntosh 0407 850 909

Greville Pabst – Transaction Advisor

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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