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Business opportunity for sale in Cheltenham

Business opportunity (For sale)

1,884 sqft
Reference: EDEN-T96913699 / 96913699
POINT OF INTEREST:
Bringing together modern high-end features coupled with elegant design, Unit 1 at The Argus is the perfect collaboration of a presentation conscious environment with corporate appeal. Pushing the boundaries in the hybrid office/warehouse asset class, the atrium ceilings cater for those who need small storage solutions or even a studio feel - just ask 3.14 Degree Pty Ltd who recently signed a 3-year lease to secure the premises. It’s this sharp attention to detail from collaborators Ikos Projects that sets this workspace apart from anything else in the area — including container height roller door accessed directly from Argus Street, front facing glass windows and 2 allocated car spaces. Well within the Bayside bubble, there is so much on your doorstep, which is perfect for those that can’t stray far from it — or want to, either. 
- Currently leased to 3.14 Degree Pty Ltd on a 3-year term expiring Feb 2027, with a further 3-year option.
- $40,560 per annum in leasing income (from 1st February 2025) with 4% annual increases.
- 175 sqm* total building area.
- 72 sqm* first floor office.
- 103 sqm* of ground floor showroom / warehousing.
- Container height roller door.
- Private driveway accessed directly from Argus Street.
- 2 car spaces on Title.
- Electronic keyless locking mechanism at front entrances.
- 8 m* high rear atrium storage areas.
- 3.9 m* ground floor clearance to underside of office mezzanine.
POINT OF VIEW:
Expansive. Refined. All encompassing and Street facing. The ideal boutique office/showroom/warehouse.
*Approx.
Pricing excludes GST
View more View less POINT OF INTEREST:
Bringing together modern high-end features coupled with elegant design, Unit 1 at The Argus is the perfect collaboration of a presentation conscious environment with corporate appeal. Pushing the boundaries in the hybrid office/warehouse asset class, the atrium ceilings cater for those who need small storage solutions or even a studio feel - just ask 3.14 Degree Pty Ltd who recently signed a 3-year lease to secure the premises. It’s this sharp attention to detail from collaborators Ikos Projects that sets this workspace apart from anything else in the area — including container height roller door accessed directly from Argus Street, front facing glass windows and 2 allocated car spaces. Well within the Bayside bubble, there is so much on your doorstep, which is perfect for those that can’t stray far from it — or want to, either. 
- Currently leased to 3.14 Degree Pty Ltd on a 3-year term expiring Feb 2027, with a further 3-year option.
- $40,560 per annum in leasing income (from 1st February 2025) with 4% annual increases.
- 175 sqm* total building area.
- 72 sqm* first floor office.
- 103 sqm* of ground floor showroom / warehousing.
- Container height roller door.
- Private driveway accessed directly from Argus Street.
- 2 car spaces on Title.
- Electronic keyless locking mechanism at front entrances.
- 8 m* high rear atrium storage areas.
- 3.9 m* ground floor clearance to underside of office mezzanine.
POINT OF VIEW:
Expansive. Refined. All encompassing and Street facing. The ideal boutique office/showroom/warehouse.
*Approx.
Pricing excludes GST
Reference: EDEN-T96913699
Country: AU
City: Cheltenham
Postal code: 3192
Category: Commercial
Listing type: For sale
Property type: Business opportunity
Property size: 1,884 sqft
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