52 Bay Road,
Sandringham, VIC 3191
Development Sites & Land • Shops & Retail • Offices
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Irreplaceable bayside retail investment with outstanding potential
- Extremely rare and prominent 730 sqm* Sandringham landholding
- Genuine potential for a boutique mixed used development with
highly valuable ground floor retail component
- Surrounded by first class lifestyle attractions including Port Phillip Bay
Beaches (200m*), renowned golf courses (Royal Melbourne – 3.5km), major shopping centres (Southland Shopping Centre – 3.8km) and the
Sandringham Train Station (200m*)
- Comprises existing two level improvements fully leased to 6 retail/
office tenancies including 11 car parks on title (with space to add additional 6-8 car parks)
- Current holding income of $124,000 per annum
- Genuine potential for a boutique mixed used development with
highly valuable ground floor retail component
- Surrounded by first class lifestyle attractions including Port Phillip Bay
Beaches (200m*), renowned golf courses (Royal Melbourne – 3.5km), major shopping centres (Southland Shopping Centre – 3.8km) and the
Sandringham Train Station (200m*)
- Comprises existing two level improvements fully leased to 6 retail/
office tenancies including 11 car parks on title (with space to add additional 6-8 car parks)
- Current holding income of $124,000 per annum
Property ID: 501459607Last Updated: 3 Oct 2023
03 8621 33...
52 Bay Road
Sandringham, VIC 3191
Detailed listing
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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