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34 Bay Road, Sandringham, VIC, 3191

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34 Bay Road, Sandringham, VIC, 3191

Sandringham

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34 Bay Road, Sandringham, VIC, 3191

Sandringham

SOLD
34 Bay Road, Sandringham, VIC, 3191

34 Bay Road, Sandringham, VIC, 3191

Properties / Sold / Victoria / Sandringham
Tenanted Investment
Selling Method
Auction
Selling Details
Contact Agent
Land Area
223 m² (*approx)
Floor Area
65 m² (*approx)
Property Type
Retail
Sub-type
Cafe/Restaurant
Terms
Five (5) years (comm May 2021) + Five (5) year option
Est. Income
$31,000 p/a
Zone
Commercial 1
Show All
DECEASED ESTATE - AFFORDABLE BAYSIDE INVESTMENT LEASED TO LONGSTANDING TENANT

***SOLD***

Gross Waddell ICR is delighted to offer to the market via on-site Auction this superbly positioned retail investment leased to longstanding tenant of over 30 years, offering future value-add potential (STCA) providing options for all buyer groups.

Located within in sought after Bayside suburb surrounded by a plethora of amenity including retail, recreational, Sandringham train station, bay beaches and more.

- Leased to longstanding tenant of over 30 years

- Rental: $31,000* p.a. net

- Term: Five (5) years (comm May 2021) + Five (5) year option

- Land Area: 223sqm*

- Rear on-site carparking and R.O.W. access

- Commercial 1 (C1Z) zoning

For Sale Via Public Auction on Thursday 14th March at 12pm on-site.

For further information or to organise a inspection please contact the team at Gross Waddell ICR directly.

*approx

Remember to mention you found this property on CommercialReady

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Tenanted Investment
Tenanted Investment

34 Bay Road Investment Summary

Property Type
Retail
Sub-type
Cafe/Restaurant
Est. Income
$31,000 p/a
Terms
Five (5) years (comm May 2021) + Five (5) year option
Land Area
223 m² (*approx)
Floor Area
65 m² (*approx)
Zone
Commercial 1
Selling Method
Auction
Auction Date
14 Mar 2024 12:00PM
Selling Details
Contact Agent

Investment Highlights

DECEASED ESTATE - AFFORDABLE BAYSIDE INVESTMENT LEASED TO LONGSTANDING TENANT

***SOLD***

Gross Waddell ICR is delighted to offer to the market via on-site Auction this superbly positioned retail investment leased to longstanding tenant of over 30 years, offering future value-add potential (STCA) providing options for all buyer groups.

Located within in sought after Bayside suburb surrounded by a plethora of amenity including retail, recreational, Sandringham train station, bay beaches and more.

- Leased to longstanding tenant of over 30 years

- Rental: $31,000* p.a. net

- Term: Five (5) years (comm May 2021) + Five (5) year option

- Land Area: 223sqm*

- Rear on-site carparking and R.O.W. access

- Commercial 1 (C1Z) zoning

For Sale Via Public Auction on Thursday 14th March at 12pm on-site.

For further information or to organise a inspection please contact the team at Gross Waddell ICR directly.

*approx

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

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34 Bay Road, Sandringham, VIC, 3191

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Property Location of 34 Bay Road, Sandringham, VIC, 3191

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