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12/296 Bay Road
Cheltenham VIC 3192
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Sold on 6 Mar 2024

12/296 Bay Road Cheltenham VIC 3192

  • Offices
  • 70 m²
  • Sold

High Yielding Bayside Investment

    Nichols Crowder is proud to present Suite 12/296 Bay Road, Cheltenham to the market via private sale.

    This high yielding investment occupies a 70sqm* office strategically positioned in the sought-after Bayside Business District.

    Key features include:

    * Newly signed three (3) year lease in place until January 2027 with no option.
    * Returning $18,000 P/A plus outgoings & GST.
    * 3% annual increases.
    * Ability to owner occupy from January 2027.
    * In close proximity to key arterials including Nepean Hwy, Beach Rd, and South Rd, as well as Southland and Sandringham train stations.
    * Various features include carpeted floors throughout, three (3) car parks on title, ducted heating / cooling, kitchen facilities, Internet and phone connection points and toilet facilities.

    For further details or to arrange an inspection, please contact:

    Matthew Duncan 0400 427 427
    James Glen 0401 493 277

    PLEASE NOTE:

    * All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright. Unauthorised use is strictly prohibited.

    Nichols Crowder Property Moorabbin
    Nichols Crowder Property Moorabbin
    358 South Rd
    Moorabbin, VIC 3189

    Property Highlights

    Date Sold6 Mar 2024
    Floor Area70 m²
    Land AreaAsk Agent
    Parking3 x Onsite parkings
    Property ID2018752013
    Category
    Last updated  8 Mar 2024
    Map for 12/296 Bay Road Cheltenham VIC 3192

    Nearest transport* to 12/296 Bay Road Cheltenham VIC 3192

    Bus
    Train
    Tram
    Ferry
    Middleton St/Bay Rd (Cheltenham)32 m
    Reserve Rd/Bay Rd (Cheltenham)99 m
    Cloyne St/Bay Rd (Cheltenham)192 m
    Cloyne St/Bay Rd (Cheltenham)205 m
    This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
    *Within a 4km radius
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    Nichols Crowder Property Moorabbin
    Nichols Crowder Property Moorabbin
    358 South Rd
    Moorabbin, VIC 3189

    Property Highlights

    Date Sold6 Mar 2024
    Floor Area70 m²
    Land AreaAsk Agent
    Parking3 x Onsite parkings
    Property ID2018752013
    Category
    Last updated  8 Mar 2024

    Co-Agents

    Matthew Duncan
    Nichols Crowder Property Moorabbin
    Call
    0400 427 427
    James Glen
    James Glen
    Nichols Crowder Property Moorabbin
    Call
    0401 493 277

    More about 12/296 Bay Road Cheltenham VIC 3192

    12/296 Bay Road Cheltenham VIC 3192 is categorized as Office. It has a floor area of 70 m². There are 3 x onsite parkings.The listing ID for this property is 2018752013.

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