Arguably Bayside's most flexible opportunity, and absolutely its most gilt-edged, this Golden Triangle multi-property offering provides a range of tailored options – all within the same trio of high-exposure shop-and-residences cornering Love St.
Offered for joint or separate sale, this vastly versatile opportunity comprises a corner restaurant and residence (offered as one with the same long-term tenant), a second central ground-floor shopfront (complete with on-going lease), and a third vacant shopfront (professionally fitted for office use).
With four separately-titled premises across three individual properties, this joint and separate offering comprises:
1-111 Bluff Rd, Black Rock 2-storey corner shop-residence over 2-titles
- Ground-floor 109sqm* shop
- Prestige 1st-flr 2 bedroom balcony apartment
- 2 basement garage-spaces plus storage
- Leased to a singular tenant until May 2022 with 4 three-year options.
- Current combined rental of $67,000pa* with annual CPI reviews
2-111 Bluff Rd, Black Rock. Ground-floor 104sqm* shopfront
- Substantial shopfront with kitchen and bathroom
- 1 basement garage space
- Leased to until December 2023 with 1 five-year option
- Current rental of $34,600pa* with annual CPI reviews.
3-111 Bluff Rd, Black Rock. A ground-floor 107sqm* shopfront
- Substantial shopfront with kitchen, bathroom, high-quality office fit-out
- Air-conditioning, 1 basement garage space
- Offered with vacant possession
- Proposed rental of $35,000pa* with annual CPI reviews.
Situated on a destination strip against the backdrop of a high-value beachside neighbourhood, the properties are resourced with abundant parking and easy access. Between world-class Sandbelt golf courses and the bay, close to Black Rock’s beachside shopping and Sandringham’s station and village, this is an excellent opportunity for SMSF investors - with scope to transition to provide a stylish lock-and-leave lifestyle in the future.
Invest, occupy, take one or secure them all, the range of options here is pure Gold!
For further information please contact our agents.
*All sizes are approximate
*All figures are GST exclusive unless otherwise stated.
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.