96-98 Bluff Road, Black Rock, VIC 3193

Offices | Development/Land | Retail

For Sale

  • Property ID: 449123
  • Floor Area: 378m²
  • Land Area: 409m²
  • Occupancy: Vacant
DOUBLE-STOREY VERSATILE FREEHOLD: CALL OUR BLUFF.

POINT OF INTEREST:

For Sale Via Private Sale Closing on the 29th October 2024 UNLESS SOLD PRIOR.

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

Additional Information
Features
  • Availability: Immediate.
  • Car Spaces: 8 at the rear approx.
  • Condition: Good.
  • Air Conditioning: Yes
  • Floors: Carpet / concrete
  • Lifts: NA
  • Car Parking Fees: Nil.
Black Rock Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $4497 $321 7.13%
Retail $4497 $321 7.13%
Industrial --- $175 ---
This is the average advertised price, rent and yield for Black Rock, VIC 3193*

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

Days on Market data for Offices in VIC for Sale

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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