8/17 Chandos Street, Cheltenham, Vic 3192

FOR SALE BY EXPRESSIONS OF INTEREST CLOSING THURSDAY 27TH FEBRUARY AT 3PM

Discover a unique opportunity to live, work, and play in the heart of Bayside with this brand-new first-floor apartment and ground-floor warehouse, complete with a caretaker's permit. Located in the highly sought-after Bayside Business District within the newly developed 'Cheltenham Quarter' business park, this property offers an exclusive chance for both owner-occupiers and investors to secure a one-of-a-kind space in a rapidly growing area.
 
Developed by the renowned Brix Property Development Group and designed by Watson Young Architects, this modern property is ideal for those seeking a versatile and functional space. Unit 8 offers a clean and modern aesthetic, desirable Hamlet street facing aspect, securely gated access and 2 allocated car parks on title amongst other notable features.


Key features include:

* Total Building Area: 164 sqm* (including both apartment, office and warehouse)
* Caretaker's Permit: Ideal for live/work setup
* Fully Furnished: New furnishings in the residence
* Apartment Features: Fully equipped kitchenette (new appliances), bathroom with shower, European laundry, wool carpet, and built-in robe
* Warehouse Features: Polished floors, additional kitchenette, toilet, and shower
* Natural Light: Abundant throughout the apartment (NW orientation)
* Heating & Cooling: Installed throughout the property
* Car Parking: Two allocated car spaces on Title
* NBN Connectivity: High-speed internet access
* Flexible Investment Options: Lease as a whole building or split into separate tenancies
* Tax Depreciation Benefits: Potential for tax savings

Whether you’re an investor looking to capitalize on higher returns and more favourable lease terms than traditional residential properties, or an owner-occupier seeking a rare live/work space in Bayside, this property offers exceptional flexibility and value. Caretaker’s residences in such prime beachside locations are rarely available, making this an opportunity not to be missed.

For further details or to arrange an inspection please contact:

James Glen (Nichols Crowder) 0401 493 277
Tim Cooney (CVA) 0468 860 737
Jordan Carroll (CVA) 0467 628 951

DISCLAIMER:
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