DOUBLE-STOREY VERSATILE FREEHOLD: CALL OUR BLUFF.

Sale Details

Sold on 28 Mar 2025

Description

POINT OF INTEREST:

A freehold title with nothing but possibility for its current and future state, this is your next headquarters or your next project. The total building area of 378 sqm* can be segregated for 1-2 occupiers to access the building and its amenities separately. There’s convenient wide access via the back rear right of way, on-site parking for 8 vehicles, and a balcony terrace at the front out to Bluff Road. It’s a strategic location for any service-based operator chasing premium exposure, with this section of Bluff Road boasting over 4.74 million passing cars annually, making this double-storey property double as a building and a billboard.

With a total land area of 409 sqm* zoned commercial 1, there’s also tremendous potential for future residential development or commercial value-adding (STCA), making this address a (Black) bedrock for future commercial success.

- To be sold with vacant posession.
- Freehold title on a total of 409 sqm* land.
- 378 sqm* total building area.
- Segregated for 1-2 businesses with separate amenities and access.
- Anticipated Lease Income: $110,000 per annum net
- Commercial 1 zoning with a 3 level current height limit.
- Prime main road exposure to over 4.74 million passing cars annually.
- 8 car spaces at the rear.
- 4.2 km* from Nepean Highway.

A five-minute walk towards the esplanade and Black Rock’s community hub of shopping, eating, and ice creaming, you’re also surrounded by some of Melbourne’s best golf courses and easy public transport. Sandringham Hospital is also just down the road, there are premium schooling options within a 5 km* radius, and Westfield Southland is 3.1 km* away. Add this convenience to the fact that the Nepean is 4.2 km* from here and Bay Road is a shorter 1.8 km*, there’ll be no excuse for getting into the office at 9:30 am.

POINT OF VIEW:

Positioning is king in commercial. And with a vacant possession directly on Bluff Road, every opportunistic occupier will need to put their best (sandy) foot forward to secure it.

*Approx.
Pricing excludes GST