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Investment Highlights

  • Located within a well-established Bayside Business District with strong transport connectivity.
  • Multi-unit complex offering flexible configurations for office, showroom, and warehouse operations.
  • Access to major arterials and public transport, including Southland Railway Station and local bus routes.
  • Zoned Commercial 2, allowing for diverse commercial and light industrial uses.
  • Proximity to Westfield Southland and a wide range of retail, dining, and recreational amenities.
  • On-site parking available across the property, supporting tenant and visitor convenience.

Executive Summary

347-357 Bay Road, Cheltenham, is a multi-unit commercial complex located within the Bayside Business District. The property consists of multiple strata-titled units configured for office, showroom, and warehouse use. It is situated approximately 700 meters from Southland Railway Station and near local bus routes, providing public transport connectivity. The site is zoned Commercial 2 (C2Z), supporting a range of commercial and light industrial uses. Surrounding amenities include Westfield Southland, retail outlets, fitness centers, and dining establishments. The property offers on-site parking and internal configurations that typically include office areas on multiple levels and warehouse spaces with roller door access.

1 Unit Available

Unit 14

Unit Size 3,239 SF
Price $792,495
Price Per SF $244.67
Condo Use Industrial
Sale Type Investment
No. Parking Spaces 3
APN/Parcel ID 14\PS614849
Description

Unit 14 at 347-357 Bay Road, Cheltenham, is a strata-titled property located within a multi-unit business park. The unit comprises a ground floor showroom/office of approximately 96 sqm, a first-floor office of approximately 96 sqm, and a rear warehouse of approximately 108 sqm, totaling 301 sqm. The property includes three on-site car spaces, toilet facilities on both floors, and a kitchenette. The warehouse has a clear height of approximately 6 meters and is accessed via a motorized roller door measuring approximately 4.3 meters wide by 4.9 meters high. Climate control is provided through ducted heating and cooling on the upper level and split systems on the ground floor. The configuration allows for separate leasing of floors if required.

Sale Notes

Secure a versatile Bayside property designed for modern business operations. Unit 14 at 347-357 Bay Road offers a dynamic combination of showroom, office, and warehouse space within one of Cheltenham’s most sought-after business parks. Spanning approximately 301 sqm, this property delivers operational flexibility with a ground floor showroom, first-floor office, and high-clearance warehouse.

Positioned for convenience, the property provides seamless access to major arterials and is surrounded by premium amenities, including Westfield Southland, cafés, gyms, and recreational facilities. Features such as three dedicated car spaces, dual-level amenities, and climate-controlled offices enhance functionality and comfort. The warehouse’s 6-meter clearance and motorized roller door support efficient logistics, while the adaptable layout offers sub-leasing potential for income optimization. This is an outstanding opportunity for owner-occupiers or investors seeking a well-connected, multi-purpose asset in Melbourne’s thriving Bayside corridor.

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 17,631 SF
Property Type Industrial (Condo)
Property Subtype Warehouse
Building Class B
Floors 1
Typical Floor Size 17,631 SF
Lot Size 0.67 AC

Amenities

  • Signage
  • Automatic Blinds
  • Air Conditioning
  • Listing ID: 40048396

  • Date on Market: 4/6/2026

  • Last Updated:

  • Address: 347-357 Bay Rd, Cheltenham, VIC 3192

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