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294 Bay Road
Cheltenham VIC 3192

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Floor area: 1000m2
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3 FLOORS, 150sqm*-1,000 sqm*, 284 CAR PARKS - A HIVE OF ACTIVITY!

WORK - EAT - PLAY - Suit Medical | Government | Corporate
A high-profile whole-building opportunity in a blue-chip south-eastern location, these
multi-level office premises provide a unique package of attractive lifestyle facilities, end-of-trip amenity, and transport accessibility…all fitted and furnished for turn-key occupation. A rare opportunity to create a high-visibility Head-Office in the Bayside suburbs, these standalone premises are also available to adapt to individual needs; secure the building, take a single floor, or negotiate the floorplate of your choice.
- Total 5000sqm* of lifestyle workspace over 3 levels
- 10 meeting rooms, 18 offices, 515 workstations**
- café with additional sail-shaded outdoor area
- 284-car parking in open-air and multi-storey lots
- ground-floor offers reception/conference hub, 2 separate quarter-floor areas
- 1st floor offers 2 meeting-rooms, 7 offices, 270 workstations
- 2nd floor offers 2 meeting-rooms, 5 offices, 150 workstations, city-views
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Property Details for 294 Bay Rd, Cheltenham

Building Type
Commercial
Floor Size
1000m2

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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 14,712 properties. Over the last 5 years, Houses in Cheltenham have seen a 28.48% increase in median value, while Units have seen a 14.92% increase. As at 31 August 2024:

  • The median value for Houses in Cheltenham is $1,203,432 while the median value for Units is $676,563.
  • Houses have a median rent of $690 while Units have a median rent of $540.
There are currently 53 properties listed for sale, and 36 properties listed for rent in Cheltenham on OnTheHouse. According to CoreLogic's data, 639 properties were sold in the past 12 months in Cheltenham.

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James Davie
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David Bancroft
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DBRE - Moorabbin
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