Sold 5 Beaumaris Parade, Highett
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BUY FOR THE FUTURE

AUCTION Thursday 15th April 2021 - on site (unless sold prior).
An outstanding warehouse in a highly sought after position.
This one has business up front & residential rewards at the back end! Amongst the last vestiges of commercial real estate in blue-chip Bayside’s fastest developing residential locale, this significant approx 985sqm property works for today as a business base or commercial investment…while looking to a future with multi-dwelling development prospects. Equally appealing to owner-occupiers & investors alike, this well-proportioned property offers an increasingly rare opportunity to work where you live or invest commercially in what you know.

Semi-detached property at the end of row of 3 similar factoryettes
Ever-diminishing commercial precinct
Mid-density residential development encroaching
Approx 660sqm of warehouse space
Partitioned showroom & office areas
WC facilities & on-site parking for 6 cars
Good usable or rentable condition
Leased until September with no further options
Flexible settlement terms are available by negotiation.
Iincreasingly rare Bayside base for traditional commercial use
Visionary new options; breweries, bakeries & gyms all around
On the boundary of a small commercial precinct
Opposite established family homes
250m to the benchmark Ceramics Lane townhouse project

Just 2kms from the Sandringham beachfront & 800m to Southland shopping centre & Nepean Hwy, the property is equally well positioned to build a business, increase investment rewards &, in the future, reimagine as residences.

For further information or to arrange an inspection please contact our office.

*All sizes are approximate
*All figures are GST exclusive unless otherwise stated.
- Development Potential (STCA)

Please feel free to contact us to discuss your commercial property needs. Between us we offer over 60 years experience in the commercial and industrial property markets with intricate knowledge of Melbourne's south east corridor.

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