Cheltenham is a bayside suburb located c15 km south of Melbourne CBD and c2 km east of Port Phillip Bay. The properties are located within the Bayside Business District, an established industrial infill area that is undergoing significant re-gentrification due to two zoning changes over the past 10 years from Industrial 1 to Business 3 Zone in 2006 and then to Commercial 2 Zone in 2013 to facilitate the transition of the area from a traditional industrial area towards a general business area.
1, 3, 5 & 7 Brixton Road are four buildings on separate titles all leased to Brickwood Holdings Pty Ltd. They are all similar in area and have a combined GLA of 8,687sqm. They include a small office component and attached brick and concrete warehouses.
270 Bay Road adjoins 1, 3, 5 & 7 Brixton Road and is also leased to Brickwood Holdings Pty Ltd. It has a GLA of 5,839sqm and includes a reception and office area of 797sqm fronting onto Bay Road.