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1A The Strand 1,248 SF Office Condo Unit 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.
1 Unit Available
Unit 1
| Unit Size | 1,248 SF | Sale Type | Investment |
| Condo Use | Office |
| Unit Size | 1,248 SF |
| Condo Use | Office |
| 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.
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.
Floor Plan
Property Facts
| Total Building Size | 6,254 SF | Floors | 2 |
| Property Type | Office (Condo) | Typical Floor Size | 3,122 SF |
| Building Class | C | Lot Size | 0.08 AC |
| Total Building Size | 6,254 SF |
| Property Type | Office (Condo) |
| 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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