CBRE are excited to present 5/130 Valetta Road, Fulham Gardens to the market, representing an exciting opportunity to buy a new 10-year lease to a blue-chip covenant in Cheap as Chips. This 1,673sqm strata unit has shown a strong history of tenure with Cheap as Chips now being in the space for over 20-years, taking a likening to the location considering its proximity to the recently revamped Fulham Gardens Shopping Centre. Cheap as Chips have taken a new 10-year lease from the 1st of September 2023 through taking them through to 2033, with two further 5-year options from there. There is little not to love with this exceptional tenancy and location and we highlight the key details below:- Estimated net passing income of $279,145- New 10-year lease expiring 31 August 2033- Two further 5-year options- Secure tenant with over 20-years of trade from the location- Exceptional location across from Fulham Gardens Shopping Centre- Zoned Suburban Activity Centre- Ample on site car parkingThe property is being sold via Expressions of Interest, closing on the 29th of August at 4:00pm (ACST) For more information, please contact the sole marketing agents from CBRE: Ned Looker | 0448 689 573Rhyce Scott | 0422 960 585Oliver Grivell | 0478 069 579
The size of Fulham Gardens is approximately 2.4 square kilometres. There are 13 parks, covering nearly 6.3% of the total area. The population of Fulham Gardens in 2016 was 6179 people. By 2021 the population was 6573 showing a population growth of 6.4% in the area during that time. The predominant age group in Fulham Gardens is 50-59 years. Households in Fulham Gardens are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fulham Gardens work in a professional occupation.In 2021, 75.50% of the homes in Fulham Gardens were owner-occupied compared with 75.50% in 2016.
Fulham Gardens has 3,063 properties. Over the last 5 years, Houses in Fulham Gardens have seen a 47.97% increase in median value, while Units have seen a 74.35% increase. As at 30 September 2026:
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