GO Commercial Industrial is pleased to offer For Sale 278 Bay Road, Cheltenham.

This is a unique opportunity for a commercial industrial developer to acquire a quality development site in a tightly held and highly sought after bayside location with some short-term holding income. 278 Bay Road would also suit Industrial owner occupiers.

278 Bay Road, Cheltenham is a plum site with enormous development potential an inspection of this property is a must and will not disappoint.

Features include:

• Highly regarded Bayside location

• Total building area: 6,080 sqm* across two buildings

• Total land area: 9,665 sqm*

• Current passing income: $533,664 per annum net plus GST.

• Lease expiry: 31st March 2025

• Lessee: Brickwood Holdings Pty Ltd

• Zoned: Commercial 2

• Also suitable for Industrial owner occupiers