10 Bay RoadSandringham VIC 3191
Property Details for 10 Bay Rd, Sandringham
Last Listing description (December 2021)
Nichols Crowder in conjunction with Property Assist Victoria are thrilled to offer to the market this once in a lifetime investment opportunity.
This iconic and visually impressive building is perhaps the most recognisable property in Sandringham, and it is occupied under lease to one of the best performing sales teams in Victoria; Hodges Sandringham.
10 Bay Road occupies one of the most sought after retail positions of Sandringham, being the first building you see when turning in from Beach Road and being right amongst the shopping village.
Key features include:
* Long established tenancy to Hodges Sandringham
* Lease terms and options through to 31 October 2029
* Hodges Sandringham is one of the best performing sales teams in Victoria
* Current rental of $95,646 p.a. (net)
* Current rent considered well below market
* Next market rent review - November 2024
* Two level building: 348sqm* (approx.)
* Stunning internal fit out
* Land area: 190sqm* (approx.)
* Commercial 1 zoning
* Every retail amenity available close by including popular cafe's, restaurants and Coles supermarket
* Sandringham train station and bus services right nearby
For further details or to arrange an inspection please contact:
Julian Vautin 0420 406 660
Matt Nichols 0418 186 488
PLEASE NOTE:
* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.
* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.
Property History for 10 Bay Rd, Sandringham, VIC 3191
- 19 Sep 2025Sold for $3,100,000
- 03 Dec 2021Sold for $3,065,000
- 05 Nov 2021Listed for Sale Contact Agent
Recent sales nearby
See more recent sales nearby/assets/perm/nmufywtldyi6xfl2o44q56kc4q?signature=e33fba5170b66e0426f6f7f1ab18809d568d272a4d97a30b74bb08386b54558a){kind=logo}
0
/assets/perm/gxnt7idszqi65boei5pczzlhju?signature=0dccf4a1c05bb796a61e4742f1b167a10a40de41d73f2a534153363baffe0f1c){kind=logo}
0/assets/perm/eiggwbsy5ai65nvlvwuwyb3pby?signature=67caf996b7ddd72b78be98fe2cd1de3fabdfc85582c406833e768fb9d04dd9fe){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
About Sandringham 3191
The size of Sandringham is approximately 3.7 square kilometres. It has 17 parks covering nearly 17.5% of 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 6,542 properties. Over the last 5 years, Houses in Sandringham have seen a 8.70% increase in median value, while Units have seen a 6.58% increase. As at 31 March 2026:
- The median value for Houses in Sandringham is $2,332,515 while the median value for Units is $819,157.
- Houses have a median rent of $1,250 while Units have a median rent of $600.
Suburb Insights for Sandringham 3191
Market Insights
Sandringham Trends for Houses
N/A
N/A
View TrendN/A
N/A
Sandringham Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
