348 Bay Road,
Cheltenham, VIC 3192

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 please contact our office.

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.