25 ,27,29 Station Road
 Cheltenham, VIC 3192, Australia 
Cheltenham, VIC 3192, Australia
 Listed By CENTURY 21 Theresa Huynh 
 The Retail for Sale located at 25 ,27,29 Station Road Cheltenham VIC 3192 Australia is currently for Sale, 25 ,27,29 Station Road Cheltenham VIC 3192 Australia is listed for P.O.A..  If the property located at 25 ,27,29 Station Road Cheltenham VIC 3192 Australia isn't what you're looking for, search  Australia Real Estate  to see other  Commercial for Sale in Cheltenham  . 
MLS#: 532596
P.O.A.
 The details 
 Property features 
Date Updated: Nov 6, 2024
 Description 
Situated on a sizable 914sqm approx. land parcel within the heart of Cheltenham, direct proximity to Cheltenham Train Station and surrounding cafes, restaurants, shops as well as offices and high density residential , anchored by Foodworks supermarket, Cellarbrations Liquor Store and supported by an additional mixed-use tenant generating a total net income of $176,890 , 25-29 Station Road offers an ideal opportunity to secure an income producing asset with future upside potential within the Bayside's growth corridor.
* Three tenancies generating $178,175 net income per annum + outgoings + GST
* High passing pedestrian traffic locale, with exposure to passing vehicle traffic 
* Securely leased to established tenants including Foodworks, Cellarbrations Liquor Store
* Two Street Frontages (Rear access via Public Car Park)
* Activity Centre Zone
       1/  Shop 25 Station Rd: 
Tenant; Cellarbrations Liquor 
Land size: 241 m2 ( approx. ) 
Lease: 5 years   
Commencement date of term: 10/04/2022
Rental Return: $50,175 per annum approx. Plus GST and Outgoing 
       2/ Shop 27 Station Rd 
Tenant; Blokes Psychology 
Lease: 2 years
Commencement date of term: 15/05/2022
Rental return: $ 28,000 per annum approx. Plus GST+ outgoing 
      3/ Shop 29 Station Rd 
Tenant: Foodworks Supermarket 
Lease: Recent excised 3 further term of 10 years 
Commencement date: 25/04/2020 
Rental Return: $100,000 per annum approx. Plus GST + outgoing
 Location 
 25 ,27,29 Station Road, Cheltenham, VIC 3192, Australia 
map image
 Courtesy of  Theresa Huynh  CENTURY 21 Theresa Huynh 
 Terms of Use  Privacy Policies  Site map 
Xomio Powered by Immobel
 Immobel® copyright 2024. All rights reserved. v1.3.0 
 Home 
 Search  Search by property type  Featured properties 
 Properties 
 Residential for Sale  Residential for Rent  Commercial for Sale  Commercial for Rent  Land for Sale  Land for Rent 
 About me 
 About  Contact  Professional skills  Certificates 
All content on the Website, including text, graphics, logos, images, and software, is the property of Century 21 UK or its licensors or vendors, and is protected by copyright and other intellectual property laws in the UK and worldwide. You may not use, reproduce, modify, distribute, or display any content from the Website without Century 21's prior written consent. Century 21 UK makes no representations or warranties about the accuracy, completeness, or reliability of any property information. Property information is subject to change, and Century 21 UK is not responsible for errors or omissions. You understand and agree that property listings are provided for informational purposes only and do not constitute an offer or solicitation to buy or sell real estate.
LogoAll real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise "any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination."
We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.