10 Bay Road, Sandringham, Vic 3191

Quinn Property Co is delighted to present 10 Bay Road, Sandringham to the market for Private Sale.

Features of this fantastic, prominent Sandringham Village freehold investment opportunity include:

~ Renewed 5 year lease (from Nov '24) to the acclaimed, blue-chip & longstanding tenant: Hodges Real Estate from November 2024

~ Current passing Net Rental (est.): $122,950 (+GST) per annum 

~ Fixed rental growth throughout entire lease term annually 

~ Newly refurbished internal office fit-out - featuring modern office areas, board/meeting rooms, common areas, brilliant reception and balcony area 

~ Premium location within the well-regarded mixed-use precinct of Sandringham Village  - the home to Sandringham Railway Station and an array of amenity - restaurants, cafes, office buildings, service retail properties and residential properties. In addition the iconic Sandringham beach and foreshore precinct including the Sandringham Yacht Club are just moments from the property

~ Building Area of 355 sqm* over two light-filled levels (plus an expansive balcony of 29 sqm*)

~ Site Area of 192 sqm* 

~ Commercial 1 Zoning - most flexible in Victoria - suitable for an array of potential future uses including retail, residential or a combination of both (STPA)

~ No lease options - perfect opportunity for medium term owner-occupiers


IS THIS THE BEST INVESTMENT OPPORTUNITY IN BAYSIDE MELBOURNE FOR 2025?  
DEFINATELY ONE NOT TO BE MISSED!

PRIVATE SALE 

FOR PRIVATE INSPECTIONS PLEASE CONTACT THE TEAM AT QUINN PROPERTY CO. ~ Marcus Quinn, Julian Vautin or Stephen Imrie