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14 Hamlet Street, Cheltenham, VIC, 3192
Tenanted Investment

Property Highlights


For Sale by Expression of Interest closing 22nd June 2023 @ 12noon

Make history with an iconic warehouse conversion and a legendary return on investment. Unique to the Bayside suburbs, this inspired conversion sets the benchmark in creative commercial investment. The passion-project of a visionary developer, this original red-brick 1950’s button factory now stands as a state-of-the-art function space…offered with an excellent rental return and exceptional long-term lease to one of Melbourne’s most dynamic hospitality and event-planning groups.

An 1521sqm* conversion retaining vintage detail over 2 levels
Space 1: The Loft 1st-floor function room with direct stairway
- voluminous open-plan area under a sawtooth roofline
Space 2: The Garden Room & grnd-flr conservatory-style function room
- food service area, gas-fireplace, display beehive
Space 3: The Gallery & ceremony space with clerestory window
Space 4 : The Bridal Studio & 2-room bridal party retreat space
Space 5 : The Bar & front and centre on entry
Space 6 : Workshop/warehousing & vast workspace with mezzanine
Space 7: 5-car garage & plus 1 on-site carspace
Space 8: Multi-use work or playspace & self-contained 1st-flr accommodation
- fully-appointed kitchen, stylish bathroom, mezzanine office/break-out space

Utility spaces
- All-Access elevator
- male & female dual-stall WC facilities on each level plus Accessible facilities
- 1st-floor commercial kitchen
- 2 stairways; via street entry to Space 1 & via garage for private access to Space 7

Uncompromising Appointments
- Cbus automation system tailoring lighting to individual spaces
- individual reverse-cycle climate control to each zone
- suspended slab construction with polished-concrete floors on each level
- 5 camera CCTV
- 30kW solar power system
- total 6 carspaces (5 garage, 1 on-grade)

Flagship premises of dynamic multi-venue operator, Nudo.
- leased until 31st August 2027 at $334,375 per annum plus GST gross with 2 x 5 year options
- Bayside addressed on the beach side of Nepean Hwy
- emerging hospitality hub of brewers, bakers, cafes and gyms
- within minutes of Beaumaris, Sandringham, Hampton and Brighton
- easy access from further suburbs via nearby Nepean Hwy and Southland station
- non-residential locale with easy street parking

Take your place in history and secure your future. Invest in the peace-of-mind of an excellent long-term tenant. Buy for the joy of owning a unique landmark property.

Make history at The Button Factory

*NB All prices exclude GST unless otherwise stated and all sizes are approximate.

The core focus of DBRE is industrial, commercial and retail property.

Between us we offer over 100 years experience in the commercial and industrial property markets with intricate knowledge of Melbourne's south east corridor.

Please feel free to contact us to discuss your commercial property needs.

Remember to mention you found this property on CommercialReady

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STEP 01 Finance type
Commercial Investment Finance
STEP 02 Property Address
14 Hamlet Street, Cheltenham, VIC, 3192
STEP 03 Contact a finance professional

Map: 14 Hamlet Street, Cheltenham, VIC, 3192