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348 Bay Road
Cheltenham VIC 3192
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Leased on 26 Feb 2020

348 Bay Road Cheltenham VIC 3192

  • Shop & Retail
  • 68 m²
  • Leased

Beautiful Investment Opportunity

    This high exposure location is offered for the first time in 13 years, it is a great opportunity for the owner occupier, investor or tenant. This immaculately presented ground floor premises is an affordable chance to own a commercial property in a ideal location to start or grow your business.

    Currently fitted out for business in the expanding health and beauty sector, this property is ready to operate from immediately. The space can easily be re purposed for other uses that require treatment rooms or offices (STCA).

    Key features include:

    * Immaculately presented & fitted out modern shop
    * Versatile space including reception & health/beauty treatment rooms
    * Asking rental $24,000* p.a. + GST & outgoings
    * Anticipated yield circa 6% p.a.
    * Alarm system & security cameras
    * Split system heating/cooling, kitchenette & bathroom
    * Surrounded by other strong businesses including eateries, Dan Murphy's & ALDI
    * Short walk to Westfield Southland & train station
    * Tightly held Bayside Business District location

    With an anticipated selling price range of circa $400,000 & the opportunity to generate an annual return of circa 6%, this property has all the makings of a 'beautiful' investment or new home for your business.

    For further information or to arrange an inspection, please contact:

    Andrew Pannam - 0433 518 555
    Jill Duggan - 0418 518 125

    NB: All areas and measurements are approximate. All prices are plus GST, unless otherwise stated. All images and renders are subject to copyright.

    *Denotes Approx.

    Property Highlights

    Date Leased26 Feb 2020
    Floor Area68 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID13840085
    Category
    Last updated  24 Feb 2020
    Map for 348 Bay Road Cheltenham VIC 3192

    Property Highlights

    Date Leased26 Feb 2020
    Floor Area68 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID13840085
    Category
    Last updated  24 Feb 2020

    Listed by

    Andrew Pannam
    Nichols Crowder Property Moorabbin
    Call
    0433 518 555

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