



Positioned in a thriving Cheltenham precinct with excellent exposure and steady foot traffic, 4 Railway Road presents an outstanding commercial investment opportunity with immediate returns. This well-presented retail premises, currently operating as a successful hair salon, offers approximately 134sqm of internal floor area, thoughtfully configured to support a high-performing business environment. The property is securely leased for five (5) years commencing 3 August 2023, delivering strong and reliable income from an established tenant. Returning $46,361.25 per annum plus GST and outgoings, the lease also benefits from fixed annual rental increases of 3% each August, ensuring consistent growth and long-term income security. With its prominent street frontage and established tenancy, this is an ideal addition to any commercial portfolio. Surrounded by a mix of retail, hospitality and service-based businesses, the location continues to demonstrate strong demand and ongoing growth potential. A smart, set-and-forget investment in one of Cheltenham's most tightly held commercial pockets.
Email enquiry to Raine & Horne Essendon
Property ID: 505112356
Original Property ID: 505112356