INVEST, LIVE & PLAY ~ BAYSIDE BEAUTY

PRIVATE SALE ~ QUOTING: $1,100,000 - $1,200,000 (ex GST)

Positioned in the bayside suburb of Cheltenham, this leased shop and residence benefits from excellent connectivity to public transport, quality café options, and a nearby FoodWorks supermarket—offering opportunity for both investors and owner occupiers.

Why accept residential yields as low as 3% when you can buy this much higher yielding commercial investment with a residential play.

Key investment features include:

~ Shop & Dwelling freehold - each separately accessed and separately tenanted
~ High quality, renovated building over two levels
~ Ground floor shop tenant (BE Conveyancing + Law Collective) with market rent review in November 2027, plus 2 year option
~ Opportunity to occupy 3 bedroom residence from July 2026
~ Sun-filled rear courtyard and garden
~ Estimated fully leased market rental of $66,000 per annum*
~ Activity Centre zoning allowing for future development (STCA)
~ Site area of 237sqm (approx) with rear access

Location benefits:

~ Located near the bustling Charman Road retail strip, home to 140 businesses
~ Close to national tenants: Chemist Warehouse, Bakers Delight, Subway, and Domino's Pizza
~ Excellent connectivity to Nepean Highway, Southland Shopping Centre, and public transport
~ High population growth area with approximately 24,000 residents (2021 Census)
~ Recently upgraded Cheltenham Train Station & three-level car park
~ Suburban Rail Loop being built in Cheltenham

* Approximate

PRIVATE SALE
Inspections by appointment only

NOTE ~ All boundary outline indications in marketing material and images are indicative only/refer to title for exact boundary dimensions.