Hodges Real Estate
438 Nepean Highway Chelsea - Commercial for sale
SOLD

438 Nepean Highway, Chelsea, VIC 3196

    Land Size194m2 (approx.)

    Hodges - AuctionSOLD Wed 18 Dec 2024
    $800,000
    438 Nepean HighwayChelseaVIC3196AU
    Paul Johnston

    Paul Johnston

    Director - Commercial & Residential Sales
    Profile View Profile

    ** Another Sold Another Wanted **

  • Freehold Investment Opportunity
  • Future Development Potential**
  • Outstanding Beachside Location

    • Hodges Real estate is pleased to offer this wonderful investment opportunity in the heart of Chelsea. The property boasts a long standing business and offers a robust annual return of $45,000 p.a. in a high-traffic area. This investment is not to be overlooked.

    Key Features:

    * Attractive Returns: Rent $45,000 per annum, providing a stable income stream.

    * Three Year Lease (21.04.2024).

    * Prime Location: Located opposite the new Chelsea Station.

    * Adjacent Woolworths.

    * High traffic and high visibility. 25,000 Cars passing daily. ^

    * Zoning: Commercial 1 Zone (C1Z)

    * Land area: 194m2*

    * NLA: 128m2*

    An excellent opportunity for investors seeking a high-profile location with consistent returns and potential future growth or development.

    Paul Johnston Director 0419 582 035

    Senior Commercial & Industrial Specialist

    “We Know Bayside Commercial property”

    *Approx ^Gapmaps.com **Subject to Council Approval

    On the radar

    Chelsea - 3196

    Our exclusive suburb guides will give you an up to date look at the current property trends across Melbourne & Regional Victorian suburbs. 

    Edithvale, a beachside suburb approximately 28 km southeast of the CBD, offers a quiet, coastal village feel with broad sandy beaches and a strong local community. With excellent transport links, a popular primary school, and new residential developments, Edithvale appeals to both families and downsizers.

    • $1.3MMedian House Price
    • 25Days on Market
    • 6,276Population
    • +1.71%Capital Growth

    This commercial is located in Chelsea, VIC 3196. Discover recently sold properties and current listings in Chelsea with Hodges Real Estate.

    View the Chelsea suburb profile for local insights, or browse all sold properties across Melbourne.

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