FRONT-ROW OPPORTUNITY: LEASED INVESTMENT IN BAYSIDE'S BEST

Sold - 9/134 - 136 Argus Street, Cheltenham

Investment opportunity, Industrial

Sale Details

Sold on 21 Jul 2025

Building Area 125m²

Overview

Sale History ID: 42033
Property ID: 21036
Advertised Price: Contact Agent

Description

POINT OF INTEREST:

Expressions of Interest Closing: Wednesday 16th July 2025 at 3PM.

Prominently positioned at the front of this boutique Cheltenham estate, Unit 9 impresses with sharp architectural lines, a soaring 8.5m high-clearance warehouse, and sleek, light-filled office space—all underpinned by a brand-new lease. Just 150m from Warrigal Road and moments from the Nepean Highway, this 125 sqm* unit sits at the epicentre of Bayside’s commercial and lifestyle precincts, surrounded by DFO Moorabbin, Moorabbin Airport, and Westfield Southland.

Leased to With Consideration Pty Ltd who is an Australian owned fashion label on a 3-year term returning $35,000.00 per annum and complemented by a standout street presence, Unit 9 delivers clarity, confidence, and a front-row seat to long-term value.

- Building area: 125 sqm*.
- Returning: $35,000 + GST per annum.
- Lease term: 3 years from 17th March 2025.
- Leased to: With Consideration Pty Ltd.
- Proximity: 150m* to Warrigal Rd, 1.8km* to Nepean Hwy, 5 mins to Westfield Southland.
- Design: Unbridled design and premium finishes.
- Warehouse clearance: 8.5m*.

POINT OF VIEW:

A clean warehouse. A crisp lease. A clever move. This is investment-grade property with everything in place—position, profile, and passive income from day one.

*Approx.
Pricing excludes GST

Additional Info
Features
TenancyWith Consideration Pty Ltd
Lease TermThree (3) years + One (1) further term of Three (3) years
Commenced17th March 2025
Rent ReviewAnnual 3.5%
Bond/Guarantees3 months rental + GST
Outgoings PayableBy tenant as per lease
AgeBrand New
Air ConditionerYes
AvailabilityNegotiable
Car Parking FeesNil
Car Spaces2
ConditionExcellent
FloorsConcrete/Carpet
Height8 Metres*
LiftsN/A
Roller DoorsYes
SprinklersN/A
ZoningIndustrial 1
Outgoings
Owners’ Corporation$1,445.42*
Council Rates$5,542.75*
Water Rates$962.96*
Land TaxTBC
Agent Details
CVA Property Consultants - Daniel Philip

Daniel Philip

M | 0439 977 121
T | (03) 9623 2560
E | [email protected]

CVA Property Consultants - Jordan Carroll

Jordan Carroll

M | 0467 628 951
T | (03) 9654 2311
E | [email protected]