5 Waltham Street, Sandringham, VIC 3191 | Commercial for sale | OnTheHouse
 
FOR SALE
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5 Waltham Street
Sandringham VIC 3191

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 109m2
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Boutique Retail & Hospitality Opportunity in Sandringham Village

Positioned within the heart of Sandringham Village, this well-presented commercial premises offers an exceptional opportunity to establish a business within one of Bayside's most tightly held retail precincts.
Spanning approximately 109sqm*, the space is designed to provide a welcoming customer experience from the moment of entry. A large glazed frontage introduces abundant natural light throughout the showroom, complemented by polished concrete flooring, timber feature dividers and adjustable track lighting that enhances product display and presentation.
The front-of-house area incorporates a built-in service counter with stone benchtops, dedicated coffee machine provisions, sink facilities and extensive cabinetry, creating an efficient customer-facing environment. To the rear, a substantial preparation and storage area is supported by stainless steel finishes, commercial extraction infrastructure, wash facilities and existing utility connections, providing functionality for a variety of operational requirements.
With water, power and gas services connected, commercial heating and cooling installed and extensive existing fit-out improvements in place, the premises presents as a practical and adaptable opportunity within a highly sought-after Bayside location.
Property Features:
- Total Building Area 109sqm*
- Prominent position within central Sandringham Village
- Large shopfront glazing providing excellent natural light
- Polished concrete flooring throughout
- Timber feature partitioning and display zones
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Property Details for 5 Waltham St, Sandringham

Building Type
Commercial
Floor Size
109m2
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About Sandringham 3191

The size of Sandringham is approximately 3.7 square kilometres. There are 17 parks, covering nearly 17.5% of the total area. The population of Sandringham in 2016 was 10241 people. By 2021 the population was 10926 showing a population growth of 6.7% in the area during that time. The predominant age group in Sandringham is 50-59 years. Households in Sandringham are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Sandringham work in a professional occupation.In 2021, 71.90% of the homes in Sandringham were owner-occupied compared with 71.00% in 2016.

Sandringham has 6,578 properties. Over the last 5 years, Houses in Sandringham have seen a -3.40% decrease in median value, while Units have seen a 11.67% increase. As at 31 May 2026:

  • The median value for Houses in Sandringham is $2,181,913 while the median value for Units is $886,483.
  • Houses have a median rent of $1,295 while Units have a median rent of $600.
There are currently 18 properties listed for sale, and 3 properties listed for rent in Sandringham on OnTheHouse. According to Cotality's data, 370 properties were sold in the past 12 months in Sandringham.

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James Davie
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DBRE - Moorabbin
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