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Nichols Crowder Property Solutions - Moorabbin

1-2 Wandarri Court Cheltenham, VIC 3192

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1-2 Wandarri Court,
Cheltenham, VIC 3192

Warehouse, Factory & Industrial • Development Sites & Land

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Nichols Crowder Property Solutions - Moorabbin
James Glen
Julian Vautin

Nichols Crowder Property Solutions - Moorabbin

358 South Road
MOORABBIN, VIC 3189
Nichols Crowder Property Solutions - Moorabbin
1-2 Wandarri Court
Cheltenham, VIC 3192

Map of 1-2 Wandarri Court

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Impressive Bayside Headquarters with Development Upside - EOI CLOSED, OFFERS UNDER REVIEW

  • FLEXIBLE & MODERN OFFICE/WAREHOUSE
  • EXCELLENT HOLDING INCOME TO DEC 2024
  • COMMERCIAL 2 ZONED LAND OVER 5,300sqm*
Nichols Crowder is delighted to present to the market a high quality, impressive office/warehouse facility, ideal for an owner occupier or a developer who may re-use the building or look to knock down and start again.

Located in the heart of the highly sought after and tightly held Bayside Business District, this wonderful landholding is a rare offering having flexible and modern improvements, steady rental income and a generous land component.

Key features include:

* Flexible and modern office/warehouse accommodation
* Total building area: 2,950sqm*
* High quality condition and presentation
* Commercial 2 zoned land: 5,356sqm*
* Street frontage: over 187m*
* Leased to 'Pall Corporation' until 31st December 2024 (no option)
* Rental: $350,000 per annum plus GST and all outgoings (incl. Land Tax)
* Existing improvements could be re-used for commercial/industrial development
* High demand for small to medium sized business uses

With all the above in mind, the property is priced to show value to all buyers.

For further details or to arrange an inspection please contact:

James Glen 0401 493 2...
Julian Vautin 0420 406 6...

PLEASE NOTE:

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

Property ID: 504318184Last Updated: 6 Jun 2024

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