278 Bay Road, Cheltenham, Vic 3192

GO Commercial Industrial is pleased to offer For Sale via Expression of Interest 278 Bay Road, Cheltenham.

This is a unique opportunity for a commercial industrial developer to acquire a quality development site in a tightly held and highly sought after bayside location with some short-term holding income. 278 Bay Road would also suit Industrial owner occupiers.

278 Bay Road, Cheltenham is a plum site with enormous development potential an inspection of this property is a must and will not disappoint.

Features include:
•	Highly regarded Bayside location
•	Total building area: 6,080 sqm* across two buildings
•	Total land area: 9,665 sqm*
•	Current passing income: $533,664 per annum net plus GST.
•	Lease expiry: 31st March 2025
•	Lessee: Brickwood Holdings Pty Ltd
•	Zoned: Commercial 2
•	Close proximity to Southland and major arterial road network
•	Also suitable for Industrial owner occupiers

Expression of Interest closing Thursday 17th of October 2024 at 4.00pm

Under instruction from LDB  Property Pty Ltd.

*Approximately