1, 56-60 Bay Road, Sandringham, VIC 3191

Offices | Medical | Retail

Sold $815,000

  • Property ID: 415615
  • Floor Area: 119m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 119m2 N/A N/A
Dive into Bay! Occupy or Invest

Invest by the bay or build a Bayside business with an iconic Bay Rd address. On the edge of Sandringham’s beachside village, where the bars and boutiques transition to the professional precinct, this premier office-suite is an adaptable opportunity for investors and owner-occupiers alike.


- 119 sqm* street front ground-floor office suite
- Flagship premises in a group of 8 substantial suites
- Strong street presence with good signage potential
- Excellent frontage with wide window space
- Full-depth design with security entry front and rear
- Well-utilised internal space with glass-enclosed meeting-room
-
4 partitioned office areas and large open-plan workspace
- Well-appointed with stylish male and female WC facilities and kitchenette
- High-capacity ducted climate-control
- 3 private car spaces to the rear plus excellent on-street parking

- Flexible month-by-month tenancy with 3 month notice to vacate

- Occupied by a professional (financial services) tenant
- In-demand group with high demand for tenancy

- Opportunity to move in at your discretion

- High-profile Bay Rd position with easy on-street parking
- 500m from Sandringham station, close to cafes, shopping and restaurants
- 30 minutes by road or rail from the CBD
- Offered for private sale with Price on Application

Invest in an established rental expectation, benefit from flexible future use, secure a blue-chip Bayside property with a beachside Bay Rd address.

To arrange an inspection or for further information please contact our office.

*All sizes are approximate
*All figures are GST exclusive unless otherwise stated.

This estimate of the net internal area of the premises is indicative only and should not be relied upon and is not a substitute for undertaking precise measurements of the premises.

Sandringham Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $5750 --- ---
Offices $8542 $250 2.93%
Retail $12500 --- ---
This is the average advertised price, rent and yield for Sandringham, VIC 3191*

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

Days on Market data for Offices 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:

  • 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™.
  • 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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