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1A The Strand 409 - 1,248 SF Condo Units in Chelsea, VIC 3196

Investment Highlights
- Open-plan internal space suitable for retail and professional uses.
- Located within a strata complex incorporating common property maintenance provisions.
- Situated in an established commercial precinct with strong local amenities.
Executive Summary
The building is a multi-lot, strata-titled commercial development located on The Strand in Chelsea.The structure features shared facilities and common property areas managed under an owners corporation, including external façade maintenance and building infrastructure. Designed to support various retail and business operations, the development offers consistent pedestrian accessibility and street-facing retail shopfronts along a prominent commercial corridor. The surrounding precinct includes established businesses, transportation links, and local services that contribute to the overall functionality of the building.
2 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
| Sale Type | Investment or Owner User | APN/Parcel ID | 1\PS706220 |
| No. Parking Spaces | 1 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 1 |
| APN/Parcel ID | 1\PS706220 |
Positioned within The Strand retail and commercial precinct just off Nepean Highway, the property offers excellent exposure and easy access to transport, retail, and lifestyle amenities. One on-site car park, air-conditioning, and a professional presentation enhance its long-term appeal for medical, consulting, or office use. Secure your place in one of Bayside Melbourne’s most connected coastal hubs.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 1,248 SF | Office | Upon Request | - |
| Unit 4 | 409 SF | Office/Medical | Upon Request | - |
Unit 1
| Unit Size |
| 1,248 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
Unit 4
| Unit Size |
| 409 SF |
| Condo Use |
| Office/Medical |
| Price |
| Upon Request |
| NOI |
| - |
Unit 1
| Unit Size | 1,248 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
| Description | |
| The property is positioned within a strata-titled development situated in Chelsea, Victoria. It comprises a single ground-floor retail unit occupying part of a multi-lot structure with shared common property areas managed under an owners corporation framework. The development typically includes shared amenities such as building services, façade maintenance responsibilities, and common area upkeep. Ownership of this lot provides exclusive use of the internal premises, with obligations relating to shared costs for common property services outlined in the applicable strata scheme.</li></ul> | |
| Sale Notes | |
| The property is offered as a retail investment asset that forms part of a multi-lot strata development in Chelsea, Victoria. The retail unit is currently under a long-term lease agreement, providing established occupancy with structured rent review mechanisms and defined lease terms. Income is supported by tenant obligations for most statutory and operating outgoings, excluding land tax. The property’s configuration and location reflect a standard ground-floor retail shoplot within a mixed-use commercial setting.</li></ul> |
Unit 4
| Unit Size | 409 SF |
| Condo Use | Office/Medical |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 1 |
| APN/Parcel ID | 1\PS706220 |
| Description | |
| Discover a well-presented ground floor office/consulting space in a prime Chelsea location, designed for professionals seeking convenience and functionality. Offering approximately 38 sqm, the suite features a private office or meeting room, functional open work area, and quality fit-out throughout. A private kitchenette and separate amenities ensure comfort and independence, while air-conditioning allows year-round climate control. Secure on-site parking adds to the practicality. Situated within The Strand mall and just off Nepean Highway, this property delivers excellent accessibility for both clients and staff, making it an ideal base for consulting, allied health, or professional services.</li></ul> | |
| Sale Notes | |
| An exceptional opportunity to secure a versatile commercial space in the heart of Chelsea’s thriving activity center. This 38 sqm ground-floor suite is fully fitted and ready to occupy, featuring a separate office/meeting room, private kitchenette, and individual amenities. The property is offered with vacant possession, providing flexibility for owner-occupiers or investors seeking a low-maintenance asset in a high-demand location.<br> <br> Positioned within The Strand retail and commercial precinct just off Nepean Highway, the property offers excellent exposure and easy access to transport, retail, and lifestyle amenities. One on-site car park, air-conditioning, and a professional presentation enhance its long-term appeal for medical, consulting, or office use. Secure your place in one of Bayside Melbourne’s most connected coastal hubs.</li></ul> |
Property Facts
| Total Building Size | 6,254 SF | Floors | 2 |
| Property Type | Office | Typical Floor Size | 3,122 SF |
| Building Class | C | Lot Size | 0.08 AC |
| Total Building Size | 6,254 SF |
| Property Type | Office |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 3,122 SF |
| Lot Size | 0.08 AC |
Amenities
- 24 Hour Access
- Signage
- Kitchen
- Natural Light
- Open-Plan
- Partitioned Offices
Presented by
1A The Strand
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