Retail
For Sale
BLUE-CHIP BENTLEIGH INVESTMENT 100% LEASED TO PUBLICLY LISTED TENANTS
831 Nepean Highway, Bentleigh VIC 3204
Beller Commercial in conjunction with CBRE are proud to present to the market, 831 Nepean Highway, Bentleigh.
• 7 year lease to Beaurepaires
• 10 year lease to APN Outdoor
• Passed by 80,000 cars each day*
Highlights of this rare offering can be summarised below:
- 7 year lease to Goodyear Tire & Rubber Co (Stock Code GT:US, Market Cap $8.976bn USD)
- 10 year lease to APN Outdoor Group Limited (Stock Code ASX:APO, Market Cap $800.58m AUD)
- Located on a prime corner with major exposure to the Nepean Highway, one of Melbourne's busiest arterial roads (80,000* cars daily)
- Strategic location with a number of major car dealerships and service centres positioned nearby, complementing the Beaurepaires business
- Net annual income of $247,308* including signage income
- More than 900sqm* of valuable land adjoining the prestigious suburb of Brighton East
This property is being offered for sale via Public On-Site Auction Friday 18th August at 12:00pm.
Beller Commercial Contacts:
Fred Nucara
+61 418 567 560
Liam Rafferty
+61 421 886 655
Glenn Ye
+61 476 938 888
CBRE Melbourne Strip Retail Investments Contacts:
Rorey James
+61 439 400 081
Kevin Tong
+61 422 848 818
Thomas Mosca
+61 423 086 593
Fred Nucara
Managing Director
831 Nepean Highway, Bentleigh VIC 3204