IMPRESSIVE Investment and Development Opportunity
854-860 Nepean Highway, Hampton East VIC 3188
Contact Agent
RetailSize: n/a
Block size: 2296 m² approx.
Lemon Baxter is pleased to present 854-860 Nepean Highway, Hampton East for sale.
This beachside site is approximately 16km from the Melbourne CBD. It offers an outstanding opportunity in a prime location. Positioned strategically along the iconic Nepean Highway, this property seamlessly combines convenience and visibility.
Enhanced by its proximity to premium homes, showrooms, parkland, and thriving developments, this property resides within a thriving ecosystem of business excellence. Its strategic placement ensures a steady flow of both foot and vehicular traffic, extending its appeal as an attractive investment opportunity.
Land area: 2,296.12sqm*
Total NLA: 2,233.70sqm*
Current net annual income $600,000*
Potential fully leased^ income: $650,000 p.a net
Zoning: Activity Centre Zone 1 (ACZ1)
Fully tenanted: 2 floors + roofrop, occupied by total of 13 tenants
Overlays: Development Contributions Plan Overlay Schedule 1
For more information or to book a private inspection, please contact the exclusive selling agents, Lemon Baxter.
*Approximately
^Based on refurbishment of office space
This beachside site is approximately 16km from the Melbourne CBD. It offers an outstanding opportunity in a prime location. Positioned strategically along the iconic Nepean Highway, this property seamlessly combines convenience and visibility.
Enhanced by its proximity to premium homes, showrooms, parkland, and thriving developments, this property resides within a thriving ecosystem of business excellence. Its strategic placement ensures a steady flow of both foot and vehicular traffic, extending its appeal as an attractive investment opportunity.
Land area: 2,296.12sqm*
Total NLA: 2,233.70sqm*
Current net annual income $600,000*
Potential fully leased^ income: $650,000 p.a net
Zoning: Activity Centre Zone 1 (ACZ1)
Fully tenanted: 2 floors + roofrop, occupied by total of 13 tenants
Overlays: Development Contributions Plan Overlay Schedule 1
For more information or to book a private inspection, please contact the exclusive selling agents, Lemon Baxter.
*Approximately
^Based on refurbishment of office space
Inspections
No open inspections scheduled.
Send an enquiry
Contact Paul O'Sullivan to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Retail
Block Size:
2296 m²*
Other Details
Lot:
1
Plan:
TP108492
Legal description:
1\TP108492
Maps and area information
Block information
Block size: 2296m² (approx)
Legal description: 1\TP108492
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Property history
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Hampton East suburb information
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SummaryMedian sales
Average Age
42 years
Population
5,069
Listing ID: 181888312. This listing has been viewed 1 time. It was first displayed on 30/08/2023 and last updated on 15/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.