228 & 228A Nepean Highway,
Edithvale, VIC 3196
Shops & Retail • Development Sites & Land
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Diversified Retail & Residential Opportunity
* Flexible income streams
* Freehold title (No body corporate)
* Value add potential / Development site (STCA)
This diverse retail/residential property boasts two income streams and is located on a single title, offering the potential for added value and development (STCA).
The property is fully tenanted with a gross rental income of approximately $32,000* per year. It perfectly accommodates a residential tenant at the rear and a retail shop at the front.
Conveniently positioned on Nepean Highway, opposite Edithvale Train Station, this site is extremely visible to over 7,000* passing vehicles daily and is located less than 100m* from the beautiful Edithvale beach, making it an ideal location for both retail and residential purpose.
Key features Include:
* Two income streams
* Situated on own title with rear access lane
* Huge Development potential (STCA)
* Short-term leases allowing for flexibility and market rent reviews
* Perfect beach side location
* 258sqm* land area
For further information or to arrange an inspection, please contact:
Thomas Gordon 0456 353 4...
Linda Ellis 0400 480 3...
PLEASE NOTE:
* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.
* Freehold title (No body corporate)
* Value add potential / Development site (STCA)
This diverse retail/residential property boasts two income streams and is located on a single title, offering the potential for added value and development (STCA).
The property is fully tenanted with a gross rental income of approximately $32,000* per year. It perfectly accommodates a residential tenant at the rear and a retail shop at the front.
Conveniently positioned on Nepean Highway, opposite Edithvale Train Station, this site is extremely visible to over 7,000* passing vehicles daily and is located less than 100m* from the beautiful Edithvale beach, making it an ideal location for both retail and residential purpose.
Key features Include:
* Two income streams
* Situated on own title with rear access lane
* Huge Development potential (STCA)
* Short-term leases allowing for flexibility and market rent reviews
* Perfect beach side location
* 258sqm* land area
For further information or to arrange an inspection, please contact:
Thomas Gordon 0456 353 4...
Linda Ellis 0400 480 3...
PLEASE NOTE:
* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.
Property ID: 504286696Last Updated: 14 Sep 2023
Nichols Crowder - Carrum Downs
1 Colemans RdCARRUM DOWNS, VIC 3201
228 & 228A Nepean Highway
Edithvale, VIC 3196
Nichols Crowder - Carrum Downs1 Colemans Rd
CARRUM DOWNS, VIC 3201
CARRUM DOWNS, VIC 3201
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