+30 Photos

SOLD

81 Beach Road, Sandringham, VIC 3191

Properties / Sold / Victoria / Sandringham

Development Potential

1. Property Summary

Property Type

Commercial, Industrial

Sub Type

Office, Retail/Shopping Centre

Land Area

775 m² (*approx)

Selling Method

Private Sale: Contact Agent

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2. Property Highlights

Beach Beauty - Profile Bayside Investment with Upside

We're excited to introduce you to a truly exceptional property - a standout "Beach Beauty" you may already drive past regularly.

Located on the prime corner of Beach Road and Georgiana Street, directly across from the Trevor Barker Oval in Sandringham, this building also features the SHQ kite surfing shop on its ground level.

Beyond its prime location, this property offers impressive investment potential with six distinct income streams and undercover parking.

The investment is at a pivotal moment, which is the reason for the property's sale:

* Prominent two level showroom/office building

* Modern in design and construction

* Land rich Bayside investment with impressive market rental upside

* Brand new leases including to long standing tenant, SHQ for a renewed 3 + 3 year term

* Estimated market rental around $300,000 per annum (approx.)

* Generous corner site of 775sqm*

* 62 metres* of corner street frontage

* Flexible Commercial 1 zoning

* Premium Beach Road address located directly adjacent to Sandringham Beach, Reserve & Yacht Club, Trevor Barker Oval, 500m* to Sandringham's & Hamptons main activity centres featuring a range of food, retail & service offerings including outstanding restaurants, bars and cafes

* Picturesque parkland position offering uninterrupted view aspects at upper floors to Melbourne's CBD and Sandringham Beach.

For further details or to arrange an inspection please contact:

Julian Vautin 0420 406 660

Matt Nichols 0418 186 488

DISCLAIMER:

* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.

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