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10/328 Reserve Road
Cheltenham VIC 3192

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 155m2
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MODERN SECURE INVESTMENT

Discover a fantastic investment opportunity with this individual self-contained two-level office/showroom/warehouse located within the prestigious Hallmarc Business Park Bayside.
Immerse yourself in an immaculately presented state-of-the-art Business Park, featuring modern amenities and a convenient on-site cafe, creating an exceptional working environment.
Property Features:
• Total building area: 155sqm
• Contemporary design with modern finishes
• Ducted air-conditioning for optimal comfort
• Recessed high-lux lighting to enhance productivity
• Suspended acoustic ceilings for a peaceful work atmosphere
• Male and Female amenities for convenience
• Well-equipped kitchenette
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Property Details for 10/328 Reserve Rd, Cheltenham

Building Type
Commercial
Floor Size
155m2

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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 14,710 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 40 properties listed for sale, and 44 properties listed for rent in Cheltenham on OnTheHouse. According to CoreLogic's data, 643 properties were sold in the past 12 months in Cheltenham.

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Andrew Mclaren
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James Davie
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DBRE - Moorabbin
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