Stonebridge Property Group is pleased to present for sale Shop 1, 450 Nepean Highway, Chelsea.

Key highlights include:

• A well-located ‘set and forget’ Chelsea investment providing a favourable alternative to the overheated residential market
• Tenanted by the strong trading CJ’s Nails on a recently renewed 3-year lease
• Providing annual income of $29,000**+ GST + Outgoings with fixed 3% rental increases
• The open plan and versatile 75 sqm* shop enjoys prime Princes Highway frontage and exposure to 22,000^ vehicles passing daily
• High levels of foot traffic flow past the property which forms part of the Chelsea Market Shopping Centre – the fully leased centre boasts a mix of office, hospitality and health & wellness (F45) tenants
• The longevity of the retail precinct is supported by major attractions/drivers, notably a Woolworths supermarket (50 m*), Chelsea Train Station (220 m*) and Chelsea Beach (350 m*)

* Approximately
** Income as at 2^nd December 2021
^ Source: VicRoads

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

Are you interested in similar properties throughout Victoria’s southeast growth corridor? Click on the below link for a complete summary of the 12 properties within the Private Investor Portfolio:

https://stonebridgenew.charles.staged.yourtemporary.com/privateinvestorportfolio/