384 Nepean HighwayChelsea VIC 3196
Property Details for 384 Nepean Hwy, Chelsea
Last Listing description (April 2019)
Convenient, tasty and affordable - this profile retail shop in the heart of Chelsea is the ideal property for investors who recognise location and the attraction to food based tenancies.
Opposite to Chelsea Train Station and metres from the Longbeach Hotel, extensive council car parking and popular local beaches, this is the perfect location for your next investment.
The key attributes are as follows:
* Current rental: $35,510 per annum net + GST
* Fixed annual rental increases
* Highly rated tenancy, The Indian Hut, with strong online reviews
* Desirable Nepean Hwy frontage and exposure
* Prime retail location next to the popular Longbeach Hotel
* Opposite to Chelsea train station
* Generous land areas: 225sqm* with rear lane way access
* Potential to build up a level (STCA)
For further details and inspections contact:
JULIAN VAUTIN 0420 406 660
ALLAN BRODIE 0419 261 138
NB: All measurements and figures are approximates. All images subject to copyright.
Property History for 384 Nepean Hwy, Chelsea, VIC 3196
- 01 Feb 2019Listed for Sale Contact Agent
- 27 Apr 2016Listed for Rent - Price not available
- 12 Feb 2013Listed for Sale PRICE BY NEGOTIATION $199,000+
Recent sales nearby
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0About Chelsea 3196
The size of Chelsea is approximately 2.6 square kilometres. It has 6 parks covering nearly 13.8% of total area. The population of Chelsea in 2016 was 7773 people. By 2021 the population was 8347 showing a population growth of 7.4% in the area during that time. The predominant age group in Chelsea is 30-39 years. Households in Chelsea are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chelsea work in a professional occupation.In 2021, 65.10% of the homes in Chelsea were owner-occupied compared with 63.20% in 2016.
Chelsea has 5,085 properties. Over the last 5 years, Houses in Chelsea have seen a 28.56% increase in median value, while Units have seen a 20.75% increase. As at 30 November 2025:
- The median value for Houses in Chelsea is $1,187,972 while the median value for Units is $730,765.
- Houses have a median rent of $675 while Units have a median rent of $550.
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