Lot 1/107 Wells Road,
Chelsea Heights, VIC 3196

Nichols Crowder and Colliers International are delighted to bring to market for sale/lease "Poplar on Wells" 107 Wells Road, Chelsea Heights. This boutique development comprises of 56 office/warehouses with 4 having direct access onto Wells Road, providing an opportunity for a business to benefit from the exposure with thousands of cars passing daily.

The estate sets a new benchmark for quality, features and access in the highly sought-after Chelsea Heights commercial precinct. Construction is well underway with completion of the estate due in August/September 2021.

Warehouse 1 - Sold

Warehouse 2 - 1,193.02sqm*
Sale Price: $2,624,644 + GST
Rental: $125,267 p.a. + GST + outgoings

Warehouse 55 - Sold

Warehouse 56 - 1,435.3sqm*
Sale Price: $3,157,660 + GST
Rental: $150,706 p.a. + GST + outgoings

Key features include:

* 8m* plus internal warehouse clearance
* Dual level climate controlled corporate office
* Motorized container height rear roller door
* Quality kitchenette and bathroom facilities
* Plenty of on-title allocated car parking plus many common carparks throughout the development
* 3 phase power supply
* Well laid out driveways for ease of traffic management
* External signage opportunities
* Excellent signage rights

"Poplar on Wells" is unrivalled with its premier location in Melbourne's South Eastern Bayside. Located between the Peninsula Freeway and Wells Road. With 314 meters* of combined frontage onto Wells Road and Mornington Peninsula Freeway, the business estate has outstanding access to nearby residential catchments including Chelsea, Bonbeach, Patterson Lakes, Edithvale and Aspendale.

Nearby major road networks include the Mornington Peninsula Freeway, Nepean Highway, Thompsons Road and the currently under-construction Mordialloc Bypass due for completion 2021.

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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