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663-667 Point Nepean Road McCrae, VIC 3938

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663-667 Point Nepean Road,
McCrae, VIC 3938

Shops & Retail

Price information

Sale

Expressions of Interest

Key property information

Land area

Floor area

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$58,000
Number of Tenants
2 Tenants

Private inspections

to arrange a private inspection.

Map of 663-667 Point Nepean Road

Directions
  • Bus stops within 5 km of 663-667 Point Nepean Road, McCrae, VIC 3938Distance
    Beverley Rd/Point Nepean Rd (McCrae)63 m
    Coburn Ave/Point Nepean Rd (McCrae)218 m
    Penny Lane/Point Nepean Rd (McCrae)464 m
    The Avenue/Point Nepean Rd (McCrae)476 m
    Point Nepean Rd/the Avenue (McCrae)515 m
    POWERED BY HERE ©
POWERED BY HERE ©

Blue-chip freehold investment opposite the bay - Three separate titles

Encompassing 663, 665 & 667 Point Nepean Road McCrae, an outstanding opportunity has arisen to acquire a substantial, commercial enterprise in a highly sought-after locale opposite McCrae beach, the lighthouse, and Yacht Club.

The freehold includes two shopfronts, leased to ‘Wildflower Café’ (118sqm approx.) and ‘Sea Pictures’ (81sqm approx.) and a common area (86sqm approx.) at the rear with toilets, storage area and parking bay. Constructed of solid brick with a wide wraparound veranda, high ceilings, floorboards and extensive glazing, the building boasts quality and character. Please note: ‘Freehold only – Businesses not for sale’
• Wildflower Café - Current Rent $41167.92 pa + GST
Lease 3 + 3 x 3 x 3 commenced 1st February 2022
• Sea Pictures - Current Rent $16850.00 pa + GST
Lease 3 + 3 commenced 14th February 2024
• Land area Approximately 285sqm
• Double story mixed development potential (STCA)
• 3 Titles plus common land

Property ID: 504590328Last Updated: 12 Jun 2024

04334899...
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663-667 Point Nepean Road
McCrae, VIC 3938
Jellis Craig - Rye
2273 Point Nepean Road
RYE, VIC 3941
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