809 Nepean Highway, Bentleigh

Nichols Crowder

Sold

Thursday, 22nd July 2021

In Tune Investment On Nepean Hwy

Nichols Crowder is pleased to present for sale this high profile, secure investment property at 809 Nepean Hwy Bentleigh.

Brilliantly located and with high exposure to the highway, this two (2) level property is positioned directly opposite Dendy Park, within close proximity to brand names businesses such as Beaurepaires, 99 Bikes, Renault, Suzuki and BMW.

A number of key investment points include:

* Long term lease to World of Music
* Tenant has been in occupation for over 20 years
* New 4 year lease to June 2025, plus options to 2033
* Net income – $92,000 per annum plus GST
* Tenant pays all usual outgoings & annual CPI increases
* Well presented two (2) level building: 410sqm*
* Site coverage of 229sqm
* Commercial 2 zone
* High exposure to Nepean Hwy (52,000 vehicles per day)
* Frontage of 7.62m plus rear loading access

For further details and inspections by appointment only contact:

JAMES GLEN 0401 493 277

PLEASE NOTE:

* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.

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