Sold 71 Tulip Street, Cheltenham
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Blue-Chip Property, Beyond-Par Position

Secure this beyond-par Course-side property and pair-up with a blue-chip tenant! Leased to an international operator, this Bayside property is ready to drive your investment further with a strong return, a solid long-term lease and prime Bayside position with good growth prospects.

Fully tenanted on a 5 year lease (commenced April 2020)
Further 5-year option anticipating tenancy until 2029
Rented at $190,000++ pa
Two-storey 714sqm* premises on 867sqm* land
Direct outlook to the 5th Tee of Sandringham Golf Course.
Massive 25-car parking in streetfront spaces and rear garage
High-impact office space beyond a 2-storey void
Reception area, meeting space divided by glass-bi-folds
Stylish fully appointed kitchen, quality bathroom areas
Architectural design with strong street presence.
Boutique office precinct bounded by Golf Courses and reserve
Prestigious Bayside suburbs almost at the door, 1.2km to the bay
CBD within an easy road commute via Nepean Hwy or Beach Rd

Combining a good rental return, great prospects for capital growth and a secure tenancy, this fully leased Bayside property will put you on the Leader’s Board.

For further information or to arrange an inspection please contact our office.

*All sizes are approximate
*All figures are GST exclusive unless otherwise stated.

Please feel free to contact us to discuss your commercial property needs.


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