Stonebridge Property Group is pleased to present for sale 419 Nepean Highway, Chelsea. 

The key highlights of the opportunity include:

• Tenanted by the longstanding and highly rated Café Opera on a 5-year lease with 4% annual increase
• The property is well suited to hospitality, with multiple outdoor dining areas and strategic through access to major car park
• With 202 sqm* of underlying Commercial 1 zoned land, and the flexibility of multiple frontages, the property provides exciting value add possibilities
• The well positioned freehold is bookended between a major Woolworths supermarket and the Chelsea Train Station
• With 22,000* vehicles traveling along Nepean Highway daily and 350,000** commuters utilising Chelsea Train Station annually, the property enjoys unmatched exposure to passing traffic
• Surplus land to the rear providing scope for future development and further retail activation
• Located in the bayside City of Chelsea which has experienced 23% growth in median house price over the last two years
• Providing annual income of $63,307* + GST + Outgoings

*Approximately

419 Nepean Highway, Chelsea is offered for sale via Public On-Site Auction on Friday 31st March 2023 at 12:30pm (AEDT).

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.