5/1291 Nepean Highway, Cheltenham, Vic 3192

RWC (Oakleigh) is pleased to offer 5/1291 Nepean Highway, Cheltenham for Sale via Public Auction on Thursday 25th June 2026 at 11:00am On-site and Online.

Positioned prominently along highly exposed Nepean Highway, this well-presented retail / office opportunity offers an outstanding acquisition for investors and future owner occupiers seeking a quality commercial asset within Melbourne's tightly held Bayside commercial precinct.

Offered with vacant possession, the property provides immediate flexibility for owner occupiers looking to establish their business within a high-profile location, whilst also appealing to investors seeking a versatile asset with strong future leasing potential.

The property comprises a total building area of 165m²* and has been exceptionally maintained and upgraded throughout. Capital improvements in recent years include updated electricals, new flooring, suspended ceiling, security camera system, new internal amenities and a new rear box gutter.

A rare feature within the complex is the rear roller door access. Further enhancing the opportunity is a 5kW solar system delivering exceptionally low operating costs.

Strategically located approximately 20km* south-east of the Melbourne CBD, the property enjoys immediate access to Nepean Highway, Bay Road, Warrigal Road and South Road, providing seamless connectivity throughout Melbourne's south-eastern suburbs. Cheltenham Railway Station is located 500m* away, while the property is also well serviced by nearby bus routes and surrounded by major retail, commercial and lifestyle amenity including Westfield Southland, Moorabbin DFO and the broader Moorabbin / Cheltenham commercial precinct.

Key Property Features:

• Building area | 165m²*
• Prominent Nepean Highway exposure
• Rare rear roller door access
• 5kW solar system with low operating costs
• Extensive upgrades throughout
• Ample customer parking at front
• Two car spaces on rear
• Suits investors and owner occupiers
• Vacant possession

Inspection Times:

• Thu 4th June 2026 | 12:00pm - 12:30pm
• Thu 11th June 2026 | 12:00pm - 12:30pm
• Thu 18th June 2026 | 12:00pm - 12:30pm
• Thu 25th June 2026 | 10:30am - 11:00am (Auction Day)

Register to Bid Online: https://anywhereauctions.com.au/app/property?propertyId=70861

For further information or to arrange an inspection, please contact the exclusive listing agents below.

Ryan Amler | 0401 971 622
Jonathan On | 0479 003 122

* All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.