34 Bay Road , Sandringham

65.00m2
Retail
Contact Agent

DECEASED ESTATE - AFFORDABLE BAYSIDE INVESTMENT LEASED TO LONGSTANDING TENANT

***SOLD***

Gross Waddell ICR is delighted to offer to the market via on-site Auction this superbly positioned retail investment leased to longstanding tenant of over 30 years, offering future value-add potential (STCA) providing options for all buyer groups.

Located within in sought after Bayside suburb surrounded by a plethora of amenity including retail, recreational, Sandringham train station, bay beaches and more.

- Leased to longstanding tenant of over 30 years
- Rental: $31,000* p.a. net
- Term: Five (5) years (comm May 2021) + Five (5) year option
- Land Area: 223sqm*
- Rear on-site carparking and R.O.W. access
- Commercial 1 (C1Z) zoning

For Sale Via Public Auction on Thursday 14th March at 12pm on-site.

For further information or to organise a inspection please contact the team at Gross Waddell ICR directly.

*approx

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Level 1, 30 Collins Street
Melbourne VIC 3000