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358 Bay Road
Cheltenham VIC 3192

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 48m2
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Prime Retail Shopfront for Lease! Located on Busy Bay Rd Cheltenham

Explore this fantastic opportunity to lease a versatile retail shopfront in a bustling location on Bay Rd Cheltenham.
Property Features:
- Size: 42 sqm of open-plan space, ideal for a variety of businesses. 6sqm of kitchen/storage
- Current Use: Currently operating as a hairdressing salon, perfect for a similar business.
- Versatile Use: Suitable for multiple types of businesses, offering flexibility.
- Layout: Open-plan space with a small kitchen and storage area.
- Convenience: Rear toilet for staff and customers.
- Availability: Ready for occupancy by mid-May, seize the opportunity!
- Street Frontage: Enjoy excellent street frontage for visibility and foot traffic.
- Front Car Parking: Convenient parking available right in front of the shop.
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Property Details for 358 Bay Rd, Cheltenham

Building Type
Commercial
Floor Size
48m2

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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 14,835 properties. Over the last 5 years, Houses in Cheltenham have seen a 10.81% increase in median value, while Units have seen a 9.48% increase. As at 30 November 2024:

  • The median value for Houses in Cheltenham is $1,159,955 while the median value for Units is $681,178.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 47 properties listed for sale, and 38 properties listed for rent in Cheltenham on OnTheHouse. According to CoreLogic's data, 614 properties were sold in the past 12 months in Cheltenham.

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Matthew Kenny
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