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42/296 Bay Road
Cheltenham VIC 3192
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Sold on 14 May 2020

42/296 Bay Road Cheltenham VIC 3192

  • Offices
  • 76 m²
  • Sold

Healthy Top Level Investment

Positioned on the top floor overlooking Bayside, this is a great opportunity has arisen to buy an affordable investment in one of the best office suite in the building.

With a great medical tenant in place, National OT, an Occupational Therapy business operating Australia wide, this is a great category to invest in.

Tenancy details:

* "National OT" - Occupational Therapy business
* Operating Australia-wide
* Rental: $25,200 p.a. plus outgoings plus GST
* Circa 6.4%* yield
* 2 year Lease Agreement which commenced on 24/02/2020
* 2 year option
* Fixed annual increases

Key property features include:

* Office size: 76sqm*
* Top-floor corner office suite with Bayside/CBD views
* Modern, high-quality office complex
* Common area kitchenette
* Male & female amenities on the floor
* Three (3) secure car parks
* Easy access to lifts
* Air-conditioning and heating throughout
* 180-degree windows with great natural light
* Located in the centre of the BBD (Bayside Business District)
* Close to Southland Shopping Centre and Southland Station
* Surrounded by fitness centres, golf courses, cafes, breweries and childcare centres

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

Andrew Pannam - 0433 518 555

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.

Nichols Crowder Property Moorabbin
Nichols Crowder Property Moorabbin
358 South Rd
Moorabbin, VIC 3189

Property Highlights

Date Sold14 May 2020
Floor Area76 m²
Land AreaAsk Agent
Parking3 x Onsite parkings
Property ID2016183350
Category
Last updated  17 Jun 2020
Map for 42/296 Bay Road Cheltenham VIC 3192

Nearest transport* to 42/296 Bay Road Cheltenham VIC 3192

Bus
Train
Middleton St/Bay Rd (Cheltenham)53 m
Reserve Rd/Bay Rd (Cheltenham)128 m
Cloyne St/Bay Rd (Cheltenham)173 m
Cloyne St/Bay Rd (Cheltenham)188 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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Nichols Crowder Property Moorabbin
Nichols Crowder Property Moorabbin
358 South Rd
Moorabbin, VIC 3189

Property Highlights

Date Sold14 May 2020
Floor Area76 m²
Land AreaAsk Agent
Parking3 x Onsite parkings
Property ID2016183350
Category
Last updated  17 Jun 2020

Listed by

Nichols Crowder Property Moorabbin
Call
03 9559 3888

More about 42/296 Bay Road Cheltenham VIC 3192

42/296 Bay Road Cheltenham VIC 3192 is categorized as Office. It has a floor area of 76 m². There are 3 x onsite parkings.The listing ID for this property is 2016183350.

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