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34 Bay Road, Sandringham, VIC, 3191

2. Property 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

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3. Property Location

34 Bay Road, Sandringham, VIC, 3191

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4. Due Diligence

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