193 Bay Road, Sandringham, VIC 3191

Showrooms | Retail | Development/Land

Sold $1,375,000

  • Property ID: 322900
  • Floor Area: 440m²
  • Land Area: 580m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
  • Cafes: 20+ nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
193 Bay Rd, Sandgringham Sold N/A 440m2 580m2 N/A
Occupy/Invest In Supreme Location With Future Development Upside!

This outstanding property provides the successful purchaser with a brilliant location for a office / showroom / warehouse premises and multiple options for commercial/residential development in the future.

This versatile property comprises an 440m2* showroom/office & warehouse with carpet and and original timber flooring, open plan work space & partitioned offices, kitchen and staff amenities, reception plus a rear warehouse/storage area with roller shutter door. All situated on a generous 580m2* of land.

The subject property benefits from a 15m* frontage to Bay Road and features endless possibilities given its Mixed-Use Zoning and prominent exposure such as ground floor retail/office and multi-level apartments (STCA)

Features include:
- Total building area: 440m2*
- Ample open plan areas and partitioned offices
- Reception area
- Kitchenette and staff areas
- Male and female amenities
- Existing data & power points throughout
- Rear storage area with roller door access
- 5 onsite allocated car spaces

The subject property is conveniently located on Bay Road which has recently experienced significant residential and commercial development with The Reserve Apartments, The Sandy Hill Serviced Apartments and Garden Side Apartments all opposite this site . The site is further enhanced by its close proximity to Nepean Highway and Bluff Road, as well as Southland Shopping Centre and well known businesses including Aldi, Fitness First, DOMO, Moor Room Self Storage, iSelect corporate headquarters, Bridgestone Tyres and more.

CVA are proud to present 193 Bay Rd, Sandringham for Private Sale.

*Approx
Pricing excludes GST.

Additional Information
Features
  • Availability: 2nd May 2019
  • Zoning: Mix-Use (MUZ)
  • Suitable Development: Multi Level Residential and Commercial
  • Permits Issued: None
  • Lease Term: NA
  • Rent Review: NA
  • Car Spaces: 5 on site
  • Condition: Good
  • Air Conditioning: Yes
  • Roller Doors: Yes
  • Floors: Concrete, Carpet, Wood Floorboards
  • Lifts: N/A
  • Height: 4-4.5 metres
  • Car Parking Fees: Nil.
Outgoings
  • Water Rates: $1193 pa. approx.
  • Land Tax: $1900 pa approx.
  • Council Rates: $1803 pa approx.
  • Owners Corp. / Insurance: TBC
Sandringham Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $5750 --- ---
Offices $8542 $304 3.56%
Retail $12500 $332 2.65%
This is the average advertised price, rent and yield for Sandringham, VIC 3191*
* 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:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Cafes - Number of cafes located within 500 metres of 193 Bay Road, Sandringham, VIC 3191. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 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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