Sold
PAVE YOUR WAY TO A BIG FUTURE
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285-287 Bay Road, Cheltenham VIC 3192

Last Asking Price - $3,500,000

IndustrialSize: n/a
Block size: 1583 m² approx.
EXPRESSION OF INTEREST CLOSING Thursday, 26th May at 4.00pm
Totalling 1583sqm* land with a wide high-profile 36.7m* frontage to Bay Rd, this spectacular property offers a rare opportunity to claim a notable Bayside footprint with significant scope for upside.
Arguably the largest Bay Rd offering in recent memory and future expectation, this expansive opportunity is also arguably today's most flexible. With a lease in place for now, pathways to take possession in the future, and multiple possible future uses, this exceptional site is set to lead the way.

- Adaptable mix of showroom, warehouse, office and open outdoor space
- Fit for purpose today, scope to re-purpose tomorrow
- 505sqms* of office/showroom/warehouse space
- substantial outdoor display areas
- At least 6 gated car spaces plus 3 forecourt spaces
- Currently leased with on-going options
- Scope to explore opportunities and develop upside
- Ideal blend of high visibility and big Bayside amenity
- Fast-transforming precinct beside high-value residential neighborhood
- Transforming locale of hospitality, recreation, retail and business enterprises
- Close to high-profile retail brands including Dan Murphy's
- Southland shopping centre and stations within a minute

Secure this position today. Lay a path for tomorrow. Let this significant Bay Rd site pave your way to a big Bayside future.

For further details or to arrange an inspection please contact our office.

*All sizes are approximate
*All figures are GST exclusive unless otherwise stated.

Please feel free to contact us to discuss your commercial property needs. Between us we offer over 60 years experience in the commercial and industrial property markets with intricate knowledge of Melbourne's south east corridor.

Inspections

No open inspections scheduled.

Send an enquiry

Contact James Davie to learn more about this property, request an inspection or take an online tour.

Key details

Property Type:Industrial
Lot:2
Plan:TP189128
Block Size:1583 *
*These are approximate values based on available information.
DBRE Pty Ltd

Maps and area information

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Block information
Block size: 1583 (approx)
Legal description: 2\TP189128
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2022.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
30 May 2022
Sold
DBRE Pty Ltd
Listed: 19/04/2022
Block size: 1583m²
Transfer type: Full transfer

Suburb and property insights

About Cheltenham

Modern Carlton North home sells for $1.615m in election day auction
Auctions
Average Age
42 years
Population
22,291
Cheltenham's Property Profile
Cheltenham's Occupancy

Contact agents

DBRE Pty Ltd

DBRE Pty Ltd

View agency details
James DavieDBRE Pty Ltd
David BancroftDBRE Pty Ltd
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Listing ID: 180552850. This listing has been viewed 0 times. It was first displayed on 19/04/2022 and last updated on 30/05/2022.