Share this property

realcommercial.com.au

247 Bay Road Sandringham, VIC 3191

Directions

247 Bay Road,
Sandringham, VIC 3191

Development Sites & Land

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Sold on

Map of 247 Bay Road

Directions

BETTER THAN A BANK !

At an 8%* return, this truly is an INVESTORS DREAM.

The total land area of 5,151 sqm* comprises of (3) three separate buildings each with secure tenants with long history on the site.

The property includes the indoor sports facility with an area of 1,883 sqm*, a swim centre with an indoor/in ground pool area of 788 sqm* with internal first floor offices. Located on Avoca Street is a private child care centre with an area of 161 sqm* + 280 sqm* of outdoor playground.

The property provides long term development opportunities to a creative developer.

The rental as at 1st September, 2013 will be $413,403.33 plus GST pa.

A great location on a major thoroughfare with Southland shopping centre within close proximity, in addition to local neighbourhood shopping strips at Highett, Cheltenham and Sandringham.

Parking is available onsite for over 60 cars, but not exclusive use.

*approx

NB: Tender closing -Wednesday 18th September, 2013 at 3.00pm at the office of DBRE.

For further details or to arrange an inspection, please contact our office: 9532 6088

Additional information

Property ID: 500843259Last Updated: 13 Dec 2013

04122096...
realcommercial.com.au logo
247 Bay Road
Sandringham, VIC 3191
DBRE PTY LTD - Moorabbin
121 Chesterville Road
MOORABBIN, VIC 3189

Make an enquiry

What's your enquiry about?

Enter your details

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.