230 & 231 Nepean Highway,
Edithvale, VIC 3196
Shops & Retail • Medical & Consulting
Price information
Sale
$810,000
Key property information
Floor area
Tenure type
Private inspections
to arrange a private inspection.
Map
Dual Income – Two Allied Health Tenants
* Income: $38,934 per annum + GST and outgoings
* Two shops – Two Income Streams
* Land Area 143sqm*
* Ample on-site parking
Nichols Crowder is pleased to present for sale 230 & 231 Nepean Highway, Edithvale.
To be sold together, the shops collectively boast over 12m* frontage to the large on-site carpark and to Nepean Highway.
Featuring two leases to allied health professionals, this offering presents great value to diversify your portfolio with security provided by the combined incomes streams. Exposed to over 7,000 passing vehicles per day and situated amongst a tightly held group directly opposite Edithvale train station, and the beautiful Edithvale beach is close behind.
Lease details – Combined income of $38,934 + GST + Outgoings.
230 Nepean Highway (Lot 5):
Tenant: Speech Bubble Speech Pathology
Rental PA: $16,686 + GST + Outgoings
Commencement Date: 01/04/2023
Term: Three (3) years
Option(s): Two (2) further terms of three (3) years
Rent Reviews: 3% annually and market review at options
231 Nepean Highway (Lot 4):
Tenant: Painfit Pilates & Myotherapy
Rental PA: $22,248
Commencement Date: 01/01/2023
Term: Three (3) years
Option(s): One (1) further term of three (3) years
Rent Reviews: 3% annually and at option
For further information or to arrange an inspection, please contact the listing agent.
PLEASE NOTE:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright. Unauthorised use is strictly prohibited.
* Two shops – Two Income Streams
* Land Area 143sqm*
* Ample on-site parking
Nichols Crowder is pleased to present for sale 230 & 231 Nepean Highway, Edithvale.
To be sold together, the shops collectively boast over 12m* frontage to the large on-site carpark and to Nepean Highway.
Featuring two leases to allied health professionals, this offering presents great value to diversify your portfolio with security provided by the combined incomes streams. Exposed to over 7,000 passing vehicles per day and situated amongst a tightly held group directly opposite Edithvale train station, and the beautiful Edithvale beach is close behind.
Lease details – Combined income of $38,934 + GST + Outgoings.
230 Nepean Highway (Lot 5):
Tenant: Speech Bubble Speech Pathology
Rental PA: $16,686 + GST + Outgoings
Commencement Date: 01/04/2023
Term: Three (3) years
Option(s): Two (2) further terms of three (3) years
Rent Reviews: 3% annually and market review at options
231 Nepean Highway (Lot 4):
Tenant: Painfit Pilates & Myotherapy
Rental PA: $22,248
Commencement Date: 01/01/2023
Term: Three (3) years
Option(s): One (1) further term of three (3) years
Rent Reviews: 3% annually and at option
For further information or to arrange an inspection, please contact the listing agent.
PLEASE NOTE:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright. Unauthorised use is strictly prohibited.
Property ID: 504556128Last Updated: 2 Apr 2024
Nichols Crowder - Carrum Downs
1 Colemans RdCARRUM DOWNS, VIC 3201
230 & 231 Nepean Highway
Edithvale, VIC 3196
Nichols Crowder - Carrum Downs1 Colemans Rd
CARRUM DOWNS, VIC 3201
CARRUM DOWNS, VIC 3201
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.