Track Record

SOLD AT AUCTION: 10 Bay Road, Sandringham

December 6, 2021

When the most iconic property in a particular strip comes onto the market, the buyer interest is always going to be strong. 10 Bay Road, Sandringham is tenanted by one of the oldest businesses in Bayside – Hodges Real Estate.

The property attributes combined are extraordinary including the high-profile positioning, close to the beach, shops, public car park and station. The property sold at auction for $3,065,000 with a rental of $95,646 per annum representing a return of 3.1%.

Nichols Crowder has seen a considerable investor interest in retail, which is now becoming the most active property sector as industrial sector has limited properties coming onto the market.

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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.