310 Bay RoadCheltenham VIC 3192
Property Details for 310 Bay Rd, Cheltenham
Last Listing description (March 2024)
RWC (Oakleigh) is proud to present 310 Bay Road, Cheltenham to the market for sale, which will be offered via a public on-site and online Auction scheduled for Wednesday 29th November 2023, at 12:00pm.
This contemporary two-level showroom, office & warehouse is strategically situated within the vibrant Bayside Business District with desirable main road frontage and exposure.
Fully furnished and being offered with vacant possession with an extensive list of inclusions including but not limited to a full security system, 2x Panasonic heating /cooling units (12kw & 14kw), motorised roller door, sound system, tv's, work stations, desks, boardroom table, this is a fantastic turnkey opportunity for both owner-occupiers and investors. (Refer to appendices for full list of inclusions)
The property benefits from its position within a high-growth corridor and located within the blue-chip suburb of Cheltenham, with excellent access to Bayside's affluent suburbs. Situated in a coveted Commercial 2 Zone (C2Z), allowing for office, retail, showroom & light industrial uses (STCA).
The surrounding area has experienced significant growth in recent years with extensive residential and commercial development including the area's newest residential precinct "Highett Common" (1km* away), which will consist of over 1000* residences.
The area is bustling with nationally and locally recognised businesses including Aldi, Fitness First, DOMO, Moor Room Self Storage, iSelect corporate headquarter, Wilson Storage, Dan Murphy's & Bad Sheppard Brewing Co, which is only testament to its strength and viability. Quite simply this location has the very best amenity that Bayside has to offer.
The property also benefits from its close proximity to Nepean Highway and Bluff Road, as well as Southland Shopping Centre & Train Station (Frankston Line) as well as Highett Shopping Centre all just 1km* away. Sandringham Beach is also only 3.5km* from the property.
Property Attributes:
Total building area | 330m2*
Comprising office / showroom over 2 levels | 230m2*
High warehouse at the rear | 100m2*
Modern fit-out with full bathroom and kitchen
4x Car spaces
Fully furnished with a long list of inclusions
Vacant possession
Southland and Southland Train Station (1km*)
Sandringham Beach (3.5km*)
Commercial 2 Zone |Retail, office and light industrial uses (STCA)
Situated in a high growth corridor
Terms: 10% deposit, balance in 30/60/90 days
To register to Bid: Please visit the Anywhere Auctions website or download the app and click on the "Register to Bid" button against this property (copy link below):
https://anywhereauctions.com.au/app/property?propertyId=37625
For further information or to arrange an inspection, please contact one of the exclusive marketing agents below:
Ryan Amler | 0401 971 622
Tom Carroll | 0410 698 033
Simon Liang | 0451 954 318
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents
Property History for 310 Bay Rd, Cheltenham, VIC 3192
- 29 Nov 2023Sold for $1,250,000
- 30 Oct 2023Listed for Sale Auction ($1,150,000 - $1,250,000)
- 20 Mar 2020Listed for Rent $10,794 / week
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0About Cheltenham 3192
The size of Cheltenham is approximately 10.6 square kilometres. It has 26 parks covering nearly 19.1% of total area. The population of Cheltenham in 2011 was 20,291 people. By 2016 the population was 22,311 showing a population growth of 10.0% in the area during that time. The predominant age group in Cheltenham is 40-49 years. Households in Cheltenham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cheltenham work in a professional occupation. In 2011, 73.6% of the homes in Cheltenham were owner-occupied compared with 71% in 2016.
Cheltenham has 14,769 properties. Over the last 5 years, Houses in Cheltenham have seen a 14.37% increase in median value, while Units have seen a 13.72% increase. As at 31 October 2024:
- The median value for Houses in Cheltenham is $1,171,721 while the median value for Units is $695,183.
- Houses have a median rent of $700 while Units have a median rent of $550.
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