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199 Nepean Highway, Gardenvale, VIC 3185

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199 Nepean Highway, Gardenvale, VIC 3185
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199 Nepean Highway, Gardenvale, VIC 3185

Properties / Buy / Victoria / Gardenvale
Development Potential

1. Property Summary

Property Type
Commercial
Sub Type
Office, Retail/Shopping Centre
Land Area
1,112 m² (*approx)
Selling Method
EOI: Closing Wednesday 30 October 2024 at 12PM (AEDT).
DOCUMENTS AVAILABLE
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EOI Closing Date
30 Oct 2024 12:00PM
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2. Property Highlights

Exceptional Land Holding with Huge Exposure
  • 1,112 SQM Commercial Zone 2 (CZ2) Land
  • High Exposure - 50,000+* cars pass daily
  • Lease expiry May 2025

Knight Frank is pleased to offer for your consideration a high-profile property with massive exposure, 199 Nepean Highway, Gardenvale, For Sale by Expression of Interest closing Wednesday 30 October 2024 at 12PM (AEDT).

Currently tenanted by ‘Budget Car & Truck Rental Brighton’ until May 2025 returning $109,826* net per annum, this property offers opportunity to invest, develop or owner occupy.

The Commercial Zone 2 (CZ2) allows for a wide range of future uses including but not limited commercial office, large format retail, car wash, car dealership, manufacturing and much more (STCA).

Key Features –

- 1,112 sqm landholding with minimal fixtures

- Short-term holding income of $109,826* NET per annum

- Leased to ‘Budget Car & Truck Rental Brighton’ until May 2025

- Commercial Zone 2 (CZ2) Land under the Glen Eira Planning Scheme

- 10km* from Melbourne CBD

- Access via Nepean Highway Service Road

- Rear laneway access

- 200m to Gardenvale Train Station

- Close proximity to Bay Street and Martin Street retail precincts

- Over 50,000* passing cars daily

For Sale by Expression of Interest, closing Wednesday 30 October 2024 at 12PM (AEDT).

Remember to mention you found this property on DevelopmentReady

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Dataroom

1. Property Summary

Property Type
Commercial
Sub-type
Office, Retail/Shopping Centre
Land Area
1,112 m² (*approx)
Selling method
EOI: Closing Wednesday 30 October 2024 at 12PM (AEDT).
DOCUMENTS AVAILABLE
Gain Access
EOI Closing Date
30 Oct 2024 12:00PM
Add to calendar

2. Property Highlights

Exceptional Land Holding with Huge Exposure
  • 1,112 SQM Commercial Zone 2 (CZ2) Land
  • High Exposure - 50,000+* cars pass daily
  • Lease expiry May 2025

Knight Frank is pleased to offer for your consideration a high-profile property with massive exposure, 199 Nepean Highway, Gardenvale, For Sale by Expression of Interest closing Wednesday 30 October 2024 at 12PM (AEDT).

Currently tenanted by ‘Budget Car & Truck Rental Brighton’ until May 2025 returning $109,826* net per annum, this property offers opportunity to invest, develop or owner occupy.

The Commercial Zone 2 (CZ2) allows for a wide range of future uses including but not limited commercial office, large format retail, car wash, car dealership, manufacturing and much more (STCA).

Key Features –

- 1,112 sqm landholding with minimal fixtures

- Short-term holding income of $109,826* NET per annum

- Leased to ‘Budget Car & Truck Rental Brighton’ until May 2025

- Commercial Zone 2 (CZ2) Land under the Glen Eira Planning Scheme

- 10km* from Melbourne CBD

- Access via Nepean Highway Service Road

- Rear laneway access

- 200m to Gardenvale Train Station

- Close proximity to Bay Street and Martin Street retail precincts

- Over 50,000* passing cars daily

For Sale by Expression of Interest, closing Wednesday 30 October 2024 at 12PM (AEDT).

Remember to mention you found this property on DevelopmentReady

Read More
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Development Potential
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4. Property Location

199 Nepean Highway, Gardenvale, VIC 3185

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5. Market Intelligence Report

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199 Nepean Highway, Gardenvale, VIC 3185 Gardenvale
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Knight Frank - Melbourne
Knight Frank - Melbourne
Level 29, 120 Collins St, Melbourne VIC 3000
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Nick Bisset
Nick Bisset
+61 *** *** *** show +61 437 748 120
Stephen Kelly
Stephen Kelly
+61 *** *** *** show +61 407 320 377
James Thorpe
James Thorpe
+61 *** *** *** show +61 414 510 071
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