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Sold on 9 Apr 2015

52 Bay Road Sandringham VIC 3191

  • Development / Land
  • 730 m²
  • Sold

Irreplaceable bayside retail investment with outstanding potential

    - Extremely rare and prominent 730 sqm* Sandringham landholding

    - Genuine potential for a boutique mixed used development with
    highly valuable ground floor retail component

    - Surrounded by first class lifestyle attractions including Port Phillip Bay
    Beaches (200m*), renowned golf courses (Royal Melbourne 3.5km), major shopping centres (Southland Shopping Centre 3.8km) and the
    Sandringham Train Station (200m*)

    - Comprises existing two level improvements fully leased to 6 retail/
    office tenancies including 11 car parks on title (with space to add additional 6-8 car parks)

    - Current holding income of $124,000 per annum

    Ting Ting Gao
    CBRE Melbourne
    Ting Ting Gao
    CBRE Melbourne

    Property Highlights

    Property ID2016649647
    Date Sold9 Apr 2015
    Floor Area774 m²
    Land Area730 m²
    ParkingOn site parking available
    Building TypePartial building
    Category
    Last updated  19 Nov 2020
    Map for 52 Bay Road Sandringham VIC 3191
    Map for 52 Bay Road Sandringham VIC 319152 Bay Road Sandringham VIC 3191
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Ting Ting Gao
    CBRE Melbourne
    Ting Ting Gao
    CBRE Melbourne

    Property Highlights

    Property ID2016649647
    Date Sold9 Apr 2015
    Floor Area774 m²
    Land Area730 m²
    ParkingOn site parking available
    Building TypePartial building
    Category
    Last updated  19 Nov 2020
    CBRE Melbourne
    Level 34, 8 Exhibition Street Melbourne VIC 3000
    Ting Ting Gao
    CBRE Melbourne
    Ting Ting Gao
    CBRE Melbourne

    Ask Ting Ting Gao about this property

    Ting Ting Gao

    Ting Ting Gao

    CBRE Melbourne

    0433 *** ***
    0433 018 168

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