310 Bay Road, Cheltenham, VIC 3192

Industrial | Offices | Retail

Sold

  • Property ID: 438276
  • Floor Area: 330m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 29/11/2023 330m2 N/A Contact Agent
OFFICE / SHOWROOM / WAREHOUSE WITH MAIN ROAD FRONTAGE

RWC (Oakleigh) is proud to present 310 Bay Road, Cheltenham to the market for sale, which will be offered via a public on-site and online Auction scheduled for Wednesday 29th November 2023, at 12:00pm.

This contemporary two-level showroom, office & warehouse is strategically situated within the vibrant Bayside Business District with desirable main road frontage and exposure.

Fully furnished and being offered with vacant possession with an extensive list of inclusions including but not limited to a full security system, 2x Panasonic heating /cooling units (12kw & 14kw), motorised roller door, sound system, tv's, work stations, desks, boardroom table, this is a fantastic turnkey opportunity for both owner-occupiers and investors. (Refer to appendices for full list of inclusions)

The property benefits from its position within a high-growth corridor and located within the blue-chip suburb of Cheltenham, with excellent access to Bayside's affluent suburbs. Situated in a coveted Commercial 2 Zone (C2Z), allowing for office, retail, showroom & light industrial uses (STCA).

The surrounding area has experienced significant growth in recent years with extensive residential and commercial development including the area's newest residential precinct "Highett Common" (1km* away), which will consist of over 1000* residences.

The area is bustling with nationally and locally recognised businesses including Aldi, Fitness First, DOMO, Moor Room Self Storage, iSelect corporate headquarter, Wilson Storage, Dan Murphy's & Bad Sheppard Brewing Co, which is only testament to its strength and viability. Quite simply this location has the very best amenity that Bayside has to offer.

The property also benefits from its close proximity to Nepean Highway and Bluff Road, as well as Southland Shopping Centre & Train Station (Frankston Line) as well as Highett Shopping Centre all just 1km* away. Sandringham Beach is also only 3.5km* from the property.


Property Attributes:

• Total building area | 330m2*
• Comprising office / showroom over 2 levels | 230m2*
• High warehouse at the rear | 100m2*
• Modern fit-out with full bathroom and kitchen
• 4x Car spaces
• Fully furnished with a long list of inclusions
• Vacant possession
• Southland and Southland Train Station (1km*)
• Sandringham Beach (3.5km*)
• Commercial 2 Zone |Retail, office and light industrial uses (STCA)
• Situated in a high growth corridor
• Terms: 10% deposit, balance in 30/60/90 days

To register to Bid: Please visit the Anywhere Auctions website or download the app and click on the "Register to Bid" button against this property (copy link below):

https://anywhereauctions.com.au/app/property?propertyId=37625

For further information or to arrange an inspection, please contact one of the exclusive marketing agents below:

Ryan Amler | 0401 971 622
Tom Carroll | 0410 698 033
Simon Liang | 0451 954 318

*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

Cheltenham Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $5091 $176 3.46%
Retail $5980 $345 5.78%
Offices $5582 $330 5.92%
This is the average advertised price, rent and yield for Cheltenham, VIC 3192*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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