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JLL - Melbourne

385-391 Warrigal Road, Cheltenham, 385-391 Warrigal Road Cheltenham, VIC 3192

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385-391 Warrigal Road, Cheltenham, 385-391 Warrigal Road,
Cheltenham, VIC 3192

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Map of 385-391 Warrigal Road, Cheltenham, 385-391 Warrigal Road

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Strategic Bayside Investment with New 15 Year Lease

  • New 15-year Lease with options to 2064
  • Income of $470,000 + GST p.a.
  • Corner landholding of 5,300sqm
JLL Retail Investments proudly present for your consideration United Petroleum Cheltenham located at 385-391 Warrigal Road, Cheltenham VIC. 

We welcome your interest in the property and highlight its key features below: 

• New 15 year lease with options to 2064
• Fixed annual 3% rental increases
• Net Lease structure with the tenant responsible for all outgoings (excluding land tax)
• Brand new building, offering maximum depreciation benefits
• Corner landholding of 5,300sqm* with 148 metres total street frontage*
• Metropolitan Melbourne location, in highly sought after Bayside suburb
• Prime position on Warrigal Road with direct access to Nepean Highway
• Annual income of $470,000 + GST

For Sale by Public Auction Friday 25th October at 12 noon on-site.

For more information on this opportunity please contact listing agents.

All figures are approximate.

Property ID: 503340166Last Updated: 14 Oct 2020

JLL - Melbourne

Level 33, 101 Collins Street
MELBOURNE, VIC 3000
JLL - Melbourne
385-391 Warrigal Road, Cheltenham, 385-391 Warrigal Road
Cheltenham, VIC 3192
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