25 ,27,29 Station Road
 Cheltenham, VIC, Australia 
Cheltenham, VIC, Australia
 Listed By CENTURY 21 Theresa Huynh 
 The Retail Property for Sale located at Cheltenham, VIC, Australia is currently for sale.  Cheltenham, VIC, Australia is listed for P.O.A..  If the property located at Cheltenham, VIC, Australia isn't what you're looking for, visit  https://global.century21uk.com  to see other  Retail Properties for Sale in Cheltenham  . 
 Date Updated : Jan 22, 2025
MLS#: 532596
P.O.A.
 The details 
 Property features 
 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 
 Cheltenham, VIC, Australia 
 Courtesy of  Theresa Huynh  CENTURY 21 Theresa Huynh 
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