Fully Furnished Bayside Apartment & Warehouse with Caretakers Permit.

Sale Details

Sold on 16 May 2025 for $1,020,000

Description

POINT OF INTEREST:

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.

• 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 Connected.
• Flexible Investment Options: Lease as a whole building or split into separate tenancies.
• Tax Depreciation Benefits: Potential for tax savings.

POINT OF VIEW:

Whether you’re an investor looking to capitalise on higher returns and more favourable lease terms than traditional residential investments, 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.

*Approx.
Pricing excludes GST