199 Nepean Highway, Gardenvale, Vic 3185

Knight Frank is pleased to offer for your consideration a high-profile property with massive exposure, 199 Nepean Highway, Gardenvale, For Sale by Expression of Interest closing Wednesday 30 October 2024 at 12PM (AEDT). 

Currently tenanted by ‘Budget Car & Truck Rental Brighton’ until May 2025 returning $109,826* net per annum, this property offers opportunity to invest, develop or owner occupy. 

The Commercial Zone 2 (CZ2) allows for a wide range of future uses including but not limited commercial office, large format retail, car wash, car dealership, manufacturing and much more (STCA).

Key Features – 
-	1,112 sqm landholding with minimal fixtures 
-	Short-term holding income of $109,826* NET per annum
-	Leased to ‘Budget Car & Truck Rental Brighton’ until May 2025
-	Commercial Zone 2 (CZ2) Land under the Glen Eira Planning Scheme
-	10km* from Melbourne CBD
-	Access via Nepean Highway Service Road
-	Rear laneway access 
-	200m to Gardenvale Train Station 
-	Close proximity to Bay Street and Martin Street retail precincts
-	Over 50,000* passing cars daily 

For Sale by Expression of Interest, closing Wednesday 30 October 2024 at 12PM (AEDT).