6/231 Bay Road, Sandringham, VIC 3191 sold on 13 March 2025 | OnTheHouse
SOLD
Sold on 13 Mar 2025 for $220,000

6/231 Bay Road
Sandringham VIC 3191

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 935m2
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Property Details for 6/231 Bay Rd, Sandringham

Building Type
Commercial
Year Built
2010
Land Size
935m2
Local Government
Bayside
Lot/Plan
6/PS622339

Last Listing description (September 2025)

Be inspired by Baysides best value investment opportunity on the edge of the vibrant Advantage Rd creative precinct. This corner space of 48sqm * plus 7.5sqm* rear balcony with excellent exposure to Bay Road and is securely leased with a Tenant in place.

- Rare Sandringham-addressed commercial opportunity
- 1st-floor in an innovative multi-level studio office development

- Walls of windows and balconies front and rear
- Open-plan with excellent northern exposure
- Security entry, one carspace at the door
- Open floorspace to partition and configure to individual needs
- On the edge of the Advantage Rd creative precinct
- Fast-developing residential border of Highett
- Within equally easy reach of Southland and Sandringhams beachside village
- Choice of railway line (Sandringham and Frankston) equally close
- Easy access via Nepean Hwy, Beach Rd and Dingley By-Pass

Make a creative investment. Build an inspired business. Design a space for an artistic life.

Lease Arrangement

$12,840 per annum

For further details or to arrange an inspection please contact the exclusive agents.

*NB All prices exclude GST unless otherwise stated and all sizes are approximate.

Property History for 6/231 Bay Rd, Sandringham, VIC 3191

A timeline of how this property has performed in the market
Last Sold
$220,000
13 Mar 2025
  • 13 Mar 2025
    Sold for $220,000
  • 10 Oct 2024
    Listed for Sale POA
  • 27 Aug 2010
    Sold for $209,000
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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 6,544 properties. Over the last 5 years, Houses in Sandringham have seen a 15.07% increase in median value, while Units have seen a 12.53% increase. As at 30 November 2025:

  • The median value for Houses in Sandringham is $2,196,856 while the median value for Units is $832,868.
  • Houses have a median rent of $950 while Units have a median rent of $600.
There are currently 20 properties listed for sale, and 1 property listed for rent in Sandringham on OnTheHouse. According to Cotality's data, 287 properties were sold in the past 12 months in Sandringham.

Suburb Insights for Sandringham 3191

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DBRE - Moorabbin
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.