8
BAYS I DE
241 -245 BAY ROA D, C H ELTEN H A M
1 5 Y E AR N E T LE A S E TO E XP. 2 02 5 (N O O P TI O N)
YEAR LEASE SECURE RETAIL INVESTMENT
9,057 s q m * O F I R R E P L ACE AB LE M E LB O U R N E BAYS I D E L AN D
FOR SALE VIA PUBLIC EXPRESSIONS OF INTEREST CLOSING THURSDAY 16TH MARCH AT 5.00PM
ON ALMOST
1 HECTARE OF MELBOURNE BAYSIDE LAND
F IXE D AN N UAL R E NTAL I N CR E A S E S (H I G H E R O F 3% O R C P I)
SANDRINGHAM BEACH
BLACK ROCK $1,514,000
HAMPTON $1,630,000
SANDRINGHAM TRAIN STATION
SANDRINGHAM $1,643,000
BAYSIDE CITY COUNCIL
SANDRINGHAM COLLEGE CHELTENHAM $915,000
EDIAN = M HOUSE PRICE
1.6KM FROM THE WESTFIELD SOUTHLAND SHOPPING CENTRE
LOCATED WITHIN NEWLY DEVELOPED COMMERCIAL PRECINCT
SURROUNDED BY MULTIPLE NEW MIXED-USE DEVELOPMENTS
BRIGHTON $2,300,000
241 -24 5 B AY R OA D , C H E LT E N H A M
B AYS I D E
FREESTANDING RETAIL INVESTMENT WITH A
65 CLUBS AUSTRALIA WIDE
FULL SIZE HEATED INDOOR POOL
IN HOUSE CAFE’S OFFERING
MASSIVE UNDERCOVER CAR PARK
15 YEAR NET LEASE TO FITNESS FIRST
(EXP. FEB 2025) WITH NO OPTIONS
9,057SQM*
LEASE IS GUARANTEED BY FITNESS FIRST LTD (LISTED ENTITY) WITH 65 CLUBS AROUND AUSTRALIA
WITHIN THE REZONED BASKET FOR FUTURE REDEVELOPMENT
FAVOURABLE NET LEASE STRUCTURE WITH
A FIXED ANNUAL
INCREASE OF A MINIMUM OF 3% 5,335SQM FACILITY WITH A MASSIVE
AT GRADE CAR PARK FOR OVER
195 VEHICLES*
NET ANNUAL INCOME OF
$1,194,052* PLUS GST
ICONIC BAYSIDE INVESTMENT WITH FUTURE UPSIDE MOORABBIN ACTIVITY CENTRE 3KM*
MELBOURNE CBD 18KM*
SHOPPING CENTRE 9KM*
HIGHLY SOUGHT AFTER BAYSIDE LOCALE
21M* AV OC
AS
TR
EE
T
BUSTLING BAY ROAD RETAIL STRIP AND MAJOR THOROUGHFARE
46M* BAY ROAD
SOUTHLAND SHOPPING CENTRE 1.7KM*
MINUTES AWAY FROM SANDRINGHAM YACHT CLUB AND FORESHORE
FOR SALE VIA PUBLIC EXPRESSIONS OF INTEREST CLOSING THURSDAY 16TH MARCH AT 5.00PM FOR MORE INFORMATION, PLEASE CONTACT THE EXCLUSIVE SALES AND MARKETING AGENTS: JUSTIN DOWERS 0438 098 805 justin.dowers@cbre.com.au
MARK WIZEL 0409 809 868 mark.wizel@cbre.com.au
MATT NICHOLS 0418 186 488 mattn@nicholscrowder.com.au
KEVIN TONG 0422 848 818 kevin.tong@cbre.com.au
JULIAN VAUTIN 0420 406 660 julianv@nicholscrowder.com.au
JAMES GLEN 0401 493 277 jamesg@nicholscrowder.com.au
*Approximately. The information in this document is general in nature and is a guide only. It does not take into account your individual circumstances. Before acting you should check the accuracy of the information and seek your own independent financial and legal advice. The information must not be relied upon to make any investment decisions. The principal and its agent will not be liable for your failure to verify the information or seek appropriate advice.