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157-159 Nepean Highway Mentone, VIC 3194

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157-159 Nepean Highway,
Mentone, VIC 3194

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TROPHY BAYSIDE INVESTMENT NESTLED BETWEEN TWO ARTERIAL ROADS

  • Rare Fast Food Investment
  • Prominent Dual Street Frontage
  • Options Until 2043
Savills is thrilled to offer for sale this premium bayside investment benefiting from a high profile location at 157-159 Nepean Highway, Mentone. The property represents a truly remarkable opportunity to acquire a first class asset fronting two of Melbourne’s busiest roads.

The key attributes of this outstanding property include:
- Leased on long 12 year term with options extending to 2043
- Modern restaurant with drive thru and 35 on-site carparks
- KFC has over 650 stores nationwide
- Currently returning $262,836 per annum*
- Commercial 1 zoning
- Dual street frontage to Nepean Highway & Lower Dandenong Road
- Over 57,000 cars pass the site daily^
- Large strategic landholding of 2,362sq m* with huge future upside
- Close proximity to Mentone Activity Centre which includes a variety of national retailers and Mentone Train Station

*Approx.

For further information please contact:

Benson Zhou - 0458 488 8...
Julian Heatherich - 0412 995 6...

Mentone, 3194 demographic data

The median household income for Mentone is $1,889, 1% lower than Greater Melbourne's household income of $1,901. Mentone has an older age profile compared to the rest of Greater Melbourne (median age 42 vs 37). Property ownership data shows 51% of property owners in Mentone have a mortgage.

13,197
Population
$1,889 per week
Median household income
42 years
Median age
Owners
Most residents
Families
Most households
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157-159 Nepean Highway
Mentone, VIC 3194
Savills - Melbourne
Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000

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