230-231 Nepean Highway, Edithvale, Vic 3196

230–231 Nepean Highway, Edithvale presents an attractive bayside investment opportunity, leased to an established allied health provider until October 2030, with fixed annual rental increases and the benefit of nine allocated on-site car spaces.
Occupied by Speech Bubble Speech Pathology, the property is configured for allied health use, incorporating reception and waiting areas, consulting rooms and staff amenities.
Currently returning $40,000 per annum plus GST and outgoings, the lease expires on 11 October 2030 and provides for fixed annual rental increases of 3%, delivering contracted income with scheduled rental growth.
A standout feature is the allocation of nine on-site car spaces, offering valuable convenience for staff and clients and enhancing the property's appeal within this established bayside commercial precinct.
Positioned directly opposite Edithvale Railway Station and moments from Edithvale Beach, the property benefits from a prominent Nepean Highway location with excellent public transport connectivity and convenient access to surrounding amenities.
 
 
Investment highlights include:
• Leased to Speech Bubble Speech Pathology
• Current rental income of $40,000 p.a. plus GST and outgoings
• Lease expiry: 11 October 2030
• Fixed annual rental increases of 3%
• Nine allocated on-site car spaces
• Established allied health use
• Functional fit-out comprising reception and waiting areas, consulting rooms and amenities
• Excellent natural light throughout
• Directly opposite Edithvale Railway Station
• Moments from Edithvale Beach
• Prominent position within an established bayside commercial precinct

 
Flexible Acquisition Opportunity
230–231 Nepean Highway forms part of the broader 230–231, 233 and 234 Nepean Highway offering, providing purchasers with the flexibility to acquire the property individually, in combination with adjoining holdings or as part of the complete portfolio.
 
 
This is an opportunity to secure a leased commercial investment offering contracted rental income, fixed annual growth and substantial on-site parking in a well-connected bayside location.
For further information or to arrange an inspection, please contact the exclusive selling agents at Nichols Crowder.

 

Disclaimer:

For further information or to arrange an inspection, please contact the listing agent.

PLEASE NOTE:

* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.

 

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