1, 322 Bay Road, Cheltenham, VIC 3192

Industrial | Showrooms | Offices

For Lease Contact Agent

  • Property ID: 445741
  • Floor Area: 380m²
CUT THE QUEUE AND GET IN FRONT OF CHELTENHAM QUARTER.

POINT OF INTEREST:

Bay Road is already home to Bayside’s best in boutique fitness, brewing, and baguettes, and now that calibre has been channelled into polished and considered hybrid workplaces. Welcome to Cheltenham Quarter. Designed by renowned architects Watson Young with interior input from Cera Stribley Architects, the street-fronting and client-facing estate has 11 warehouses in total with premium office space also in construction. This suite specifically is 380 sqm* of storage, showroom, and/or office space, with an 87 sqm* first floor office and 77 sqm* ground floor office/showroom also included in the flexible floorplan. There’s air-conditioned to both floors, 4 on-site allocated car spaces, and a kitchenette and bathroom facilities for each floor. For those needing power and truck access, or just those needing the space, the three-phase power keeps machines running, and remote-activated, extra-wide roller shutter doors provide direct access to Hamlet Street. You’re anchored by high-profile neighbours, too. Dan Murphy’s is here, a new café in the works, and Strong Pilates and have also signed on to operate at 322 too. A little further down Bay Road is Southland Shopping Centre, with Bad Shepherd Brewing Co and Bridgestone Tyres in the other direction, and buses all around to take you to either Cheltenham or Sandringham railway station.

- Designed by renowned architects Watson Young with interior specialists Cera Stribley Architects.
- Under construction and estimated for occupation in Q4-2024.
- 380 sqm* total building area with 87 sqm* first floor office and 77 sqm & ground floor office/showroom.
- Commercial 2 zoning.
- 4 on-site allocated car spaces plus ample additional parking.
- Street fronting with roller door access straight to Hamlet Street.
- Remote-activated, extra wide roller shutter door.
- Kitchenette, bathroom facilities on both floors, plus a shower.
- 950 m* to the Nepean Highway and Southland Shopping Centre.

POINT OF VIEW:

Beyond the brilliant estate, there’s a reason why everyone is flocking to work and live bayside. The village-style high streets, an infectious fitness lifestyle, and the buzzy esplanade hospitality scene make for a compelling reason to trade skyrises for sunrises.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: C. October 2024.
  • Car Spaces: 4 Allocated car spaces.
  • Condition: Brand new and highly specified.
  • Air Conditioning: Yes - in ground and first floor office/showroom areas.
  • Floors: Concrete and carpet.
  • Height: 7.5 m*.
  • Age: Brand new - under construction.
  • Car Parking Fees: N/A.
Outgoings
  • Water Rates: TBA.
  • Land Tax: TBA.
  • Council Rates: TBA.
  • Owners Corp. / Insurance: TBA.
Cheltenham Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $5929 $330 5.57%
Industrial $5269 $192 3.65%
Offices $5528 $316 5.71%
This is the average advertised price, rent and yield for Cheltenham, VIC 3192*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in VIC for Lease

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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