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1/1-5 Hamlet Street
Cheltenham VIC 3192

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 256m2
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Perfect Bayside Balance

A rare beach-side Cheltenham opportunity, this prime office-warehouse offers an excellent balance between professional office areas and high-clearance warehouse space... along with the work-life balance that comes with this beach-side Bayside position. Set over 2 levels to provide a total of 256sqm* floorspace, this outstanding office-warehouse is corner-sited for high visibility and easy access via an individual crossover to a private parking-lot.
◼256sqm* premises with a good ratio of office to warehouse space
- 4 car spaces in a private parking lot
- high-visibility corner position
◼100sqm* office space on 2 levels (50sqm* each level)
- Ground-floor reception/showroom
- quality kitchenette, as-new all-ability WC
- 2 upper level offices, central storage/amenity area
- individual reverse-cycle air-con to each room
- polished-concrete floors, openable sashless windows
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Property Details for 1/1-5 Hamlet St, Cheltenham

Building Type
Commercial
Floor Size
256m2

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About Cheltenham 3192

The size of Cheltenham is approximately 10.6 square kilometres. It has 26 parks covering nearly 19.1% of total area. The population of Cheltenham in 2011 was 20,291 people. By 2016 the population was 22,311 showing a population growth of 10.0% in the area during that time. The predominant age group in Cheltenham is 40-49 years. Households in Cheltenham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cheltenham work in a professional occupation. In 2011, 73.6% of the homes in Cheltenham were owner-occupied compared with 71% in 2016.

Cheltenham has 14,664 properties. Over the last 5 years, Houses in Cheltenham have seen a 22.66% increase in median value, while Units have seen a 13.45% increase. As at 30 September 2024:

  • The median value for Houses in Cheltenham is $1,198,855 while the median value for Units is $686,091.
  • Houses have a median rent of $690 while Units have a median rent of $550.
There are currently 52 properties listed for sale, and 38 properties listed for rent in Cheltenham on OnTheHouse. According to CoreLogic's data, 622 properties were sold in the past 12 months in Cheltenham.

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David Bancroft
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James Davie
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DBRE - Moorabbin
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