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248-250 Bay Road, Sandringham, VIC, 3191

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248-250 Bay Road, Sandringham, VIC, 3191

Sandringham

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Sold Check
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248-250 Bay Road, Sandringham, VIC, 3191

Sandringham

SOLD
248-250 Bay Road, Sandringham, VIC, 3191

248-250 Bay Road, Sandringham, VIC, 3191

Properties / Sold / Victoria / Sandringham
Development Potential
Property Type
Mixed Use
Land Area
3,458 m² (*approx)
Selling Method
SOLD: SOLD
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VISIONARY CITY-VIEW SITE $6,500,000 - $7,000,000

SOLD

The one you’ve had your eye on has come into view. Arguably the last great Bayside site, and certainly the most elevated, this unique property is now ready to reward with a highpoint position, a high amenity location and high potential to capture views to the city and beyond.

Totalling approx. 3,458sqm over three titles and two frontages, this significant parcel of land rises above the rest with a westerly boundary to the Heathland Sanctuary green space (and possible bay views beyond) and a due north aspect to the city skyline.

With adaptable multi-use zoning allowing a rewarding mix of residential, retail and professional use, and an existing 1930s two bedroom home plus commercial premises with a flexible lease, the property is ready to reward on every level.

Consider the distance to the bay (approx 1.5kms), add in proximity to Southland and its station (just 10 blocks), and find inspiration in neighbouring developments in this fast-transforming Sandbelt locale within a walk of Sandringham Secondary College, bus-routes, cafes and gyms. Then bring your vision to this parkside highpoint site and take a view to the future.

 Due Diligence Checklist

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Development Site Summary

Property Type
Mixed Use
Land Area
3,458 m² (*approx)
Selling method
SOLD: SOLD

Development Site Highlights

VISIONARY CITY-VIEW SITE $6,500,000 - $7,000,000

SOLD

The one you’ve had your eye on has come into view. Arguably the last great Bayside site, and certainly the most elevated, this unique property is now ready to reward with a highpoint position, a high amenity location and high potential to capture views to the city and beyond.

Totalling approx. 3,458sqm over three titles and two frontages, this significant parcel of land rises above the rest with a westerly boundary to the Heathland Sanctuary green space (and possible bay views beyond) and a due north aspect to the city skyline.

With adaptable multi-use zoning allowing a rewarding mix of residential, retail and professional use, and an existing 1930s two bedroom home plus commercial premises with a flexible lease, the property is ready to reward on every level.

Consider the distance to the bay (approx 1.5kms), add in proximity to Southland and its station (just 10 blocks), and find inspiration in neighbouring developments in this fast-transforming Sandbelt locale within a walk of Sandringham Secondary College, bus-routes, cafes and gyms. Then bring your vision to this parkside highpoint site and take a view to the future.

 Due Diligence Checklist

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Finance Calculator

248-250 Bay Road, Sandringham, VIC, 3191

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248-250 Bay Road, Sandringham, VIC, 3191 Sandringham