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1023 Point Nepean Road Rosebud, VIC 3939

Directions

1023 Point Nepean Road,
Rosebud, VIC 3939

Shops & Retail

Key property information

Land area

Floor area

Car spaces

Municipality

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$110,000
Number of Tenants
2 Tenants

Private inspections

to arrange a private inspection.

Map of 1023 Point Nepean Road

Directions
  • Bus stops within 5 km of 1023 Point Nepean Road, Rosebud, VIC 3939Distance
    Rosebud Village SC/Point Nepean Rd (Rosebud)111 m
    Rosebud LibraryMcDowell St202 m
    Eighth Ave/Point Nepean Rd (Rosebud)228 m
    Ninth AvePoint Nepean Rd Rosebud232 m
    Jetty RdPoint Nepean Rd371 m
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Absolutely Prime Commercial Freehold on the best shopping strip in Rosebud

*High exposure Commercial Freehold in the centre of Rosebud.

*One title-two shops-two incomes.

*Two Street frontage ( backs onto Wannaeue Place ).

*Development potential.

Located between Rosebud Parade and Ninth Avenue, this block of strip shopping is recognised as the best position in Rosebud. Ample parking, a good mix of retail outlets, a pedestrian friendly plaza with seats, trees, and the northern sun make this an appealing place to shop. The building is divided into two tenancies, has rear street access, air space rights, and redevelopment potential. If required in the future, it could be reinstated to one large commercial freehold for a restaurant/medical/retail outlet, or other desired purpose.

Alternatively, application could be made to subdivide the shop into two separate titles ( STCA ). On- site parking for tenants’.

Overview:

*Possible Annual Income of $110,000.00 + GST +Outgoings.

*Shop 2- Lease 12 month-$60,000.00 Vacating 31st January 2026
*Shop 1-Month to Month-$50,000.00

The Mornington Peninsula Shire is forecast to grow its population base by 19% ( from 168,948 to around 200,000 ) between 2021 and 2036.

This is an excellent investment opportunity to hold for years to come.

Rosebud, 3939 demographic data

14,381
Population
$1,183 per week
Median household income
49 years
Median age
Owners
Most residents
Families
Most households
04193047...
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1023 Point Nepean Road
Rosebud, VIC 3939
Prentice Real Estate - Sorrento / Rye
2395 Point Nepean Road, Rye / 78 Ocean Beach Road
SORRENTO, VIC 3943