12/296 Bay Road, Cheltenham

Sold

Wednesday, 6th March 2024

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.

Put your property with the Leaders of the South East

We’re proud to lease and sell, through auction and private sale, hundreds of commercial and industrial properties annually. Beyond that, our property management services extend across Melbourne, into regional Victoria and interstate. Our quest for innovation, real experience, unmatched database and the fact that we’re the only commercial and industrial agents with offices that stretch from Bayside to Moorabbin, Braeside to Dandenong and Carrum Downs to Mornington Peninsula has made us the Leaders of the South East.

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