IMPRESSIVE Investment and Development Opportunity
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
