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671-677 Point Nepean Road, MCCRAE, VIC 3938

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671-677 Point Nepean Road, MCCRAE, VIC 3938
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671-677 Point Nepean Road, MCCRAE, VIC 3938

671-677 Point Nepean Road, MCCRAE, VIC 3938

Properties / Sold / Victoria / Mccrae
Development Potential

1. Property Summary

Property Type
Residential, Commercial
Sub Type
Apartment Sites, Townhouse Sites
Land Area
2,229 m² (*approx)
Selling Method
Auction: On-site Saturday 2nd June 2018 at 11.00AM
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2. Property Highlights

THE ULTIMATE RETAIL INVESTMENT TO BE OFFERED IN ONE FOR THE FIRST TIME EVER

CBRE Melbourne Strip Retail Investments are pleased to present to the market 671-677 Point Nepean Road, McCrae, for sale via public on-site auction Saturday 2nd June at 11.00AM.

We highlight some key features below:

- Recently renewed 5 year leases to 3 of the Peninsulas hottest retailers including Kobi Jacks (4.9 stars) and the award winning Alatonero (4.5 stars) & Merchant Maker café (4.5 stars)

- 2,229 sqm* of favourably zoned beachfront land comprising 28 car parks across 2 title

- A highly strategic and convenient location directly opposite McCrae Beach, Yacht Club and public car park

- A diverse annual income of 230,512 pa* + GST + Outgoings with flexible landlord favoured terms allowing the potential for early access

- One of the Mornington Peninsula’s most in demand residential suburbs supported encouraging median house price growth and 77% more hits on realestate.com than the Melbourne average

For Sale via Public On-site Auction Saturday 2nd June 2018 at 11.00AM

*Approx

To arrange an inspection or to request further information, please do not hesitate to contact the following agents from CBRE Melbourne Strip Retail Investments:

Rorey James

+61 439 400 081

Nic Hage

+61 448 782 594

Jing Jun Heng

+61 411 059 116

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

1. Property Summary

Property Type
Residential, Commercial
Sub-type
Apartment Sites, Townhouse Sites
Land Area
2,229 m² (*approx)
Selling method
Auction: On-site Saturday 2nd June 2018 at 11.00AM

2. Property Highlights

THE ULTIMATE RETAIL INVESTMENT TO BE OFFERED IN ONE FOR THE FIRST TIME EVER

CBRE Melbourne Strip Retail Investments are pleased to present to the market 671-677 Point Nepean Road, McCrae, for sale via public on-site auction Saturday 2nd June at 11.00AM.

We highlight some key features below:

- Recently renewed 5 year leases to 3 of the Peninsulas hottest retailers including Kobi Jacks (4.9 stars) and the award winning Alatonero (4.5 stars) & Merchant Maker café (4.5 stars)

- 2,229 sqm* of favourably zoned beachfront land comprising 28 car parks across 2 title

- A highly strategic and convenient location directly opposite McCrae Beach, Yacht Club and public car park

- A diverse annual income of 230,512 pa* + GST + Outgoings with flexible landlord favoured terms allowing the potential for early access

- One of the Mornington Peninsula’s most in demand residential suburbs supported encouraging median house price growth and 77% more hits on realestate.com than the Melbourne average

For Sale via Public On-site Auction Saturday 2nd June 2018 at 11.00AM

*Approx

To arrange an inspection or to request further information, please do not hesitate to contact the following agents from CBRE Melbourne Strip Retail Investments:

Rorey James

+61 439 400 081

Nic Hage

+61 448 782 594

Jing Jun Heng

+61 411 059 116

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential
Jing Jun Heng
Jing Jun Heng
+61 *** *** *** show +61 411 059 116

Download Development Site Report
Jing Jun Heng
Jing Jun Heng
+61 *** *** *** show +61 411 059 116

3. Property Location

671-677 Point Nepean Road, MCCRAE, VIC 3938

Property Map
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4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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Download Report
671-677 Point Nepean Road, MCCRAE, VIC 3938 Mccrae
CBRE - Melbourne
CBRE - Melbourne
Level 34, 8 Exhibition Street, Melbourne, Victoria, 3000
View Agency Profile
Jing Jun Heng
Jing Jun Heng
+61 *** *** *** show +61 411 059 116