OFF MARKET

1 Hewitt Street
Cheltenham VIC 3192

Bedrooms: -
Bathrooms: -
Car spaces: 5
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Property Details for 1 Hewitt St, Cheltenham

Building Type
Commercial
Local Government
Kingston
Lot/Plan
2/PS511926

Last Listing description (July 2020)

High, Wide & Light

This well-presented clear span warehouse / office with great natural light is suited to a wide range of uses and businesses (STCA).

This is a great opportunity to buy a quality freehold warehouse in the tightly-held Cheltenham / Moorabbin Industrial Precinct, a quality warehouse like this one doesn't come up for sale very often!


Located just off Keys Road only 20km from Melbourne CBD, with easy access to major arterials; including Chesterville Road, Nepean Highway, Warrigal Road and South Road leading to the Dingley Bypass and the soon-to-be-completed Mordialloc Freeway. It's also close to Southland Shopping Centre, and a variety of gyms, fitness centres, cafes, breweries, outlet stores and service and supply industries, with Bayside suburbs on your door step.

Secure your business or investment future; this warehouse ticks all the boxes.


Key features include:

* Total land area: 619sqm*
* Total building area: 418sqm*

Property features include:

* 369sqm* of clear span warehouse including 30sqm* of ground level carpeted offices
* An additional 49sqm* of multiple-use mezzanine/office above
* Split system air-conditioning on both office levels
* 6m* high internal clearance, ideal for high pallet racking and storage
* Access via huge 6m W x 5.4m H* electric roller door
* 95m* of fenced rear hardstand yard
* Rear access via another 6m W x 5.4m H* electric roller door
* Five (5) car parks onsite behind lockable front security gate and fence
* Kitchen and bathroom facilities including a shower
* Multiple 3 phase power outlets
* LED lighting throughout the warehouse
* Great natural light and freshly painted floors

Don't miss out on this impressive and rare Cheltenham warehouse.

For further information or to arrange an inspection, please contact:

Andrew Pannam - 0433 518 555

PLEASE NOTE:

* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.

* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.

Property History for 1 Hewitt St, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$1,061,500
10 Jul 2020
  • 10 Jul 2020
    Sold - Price Undisclosed
  • 19 Mar 2020
    Listed for Sale Contact Agent
  • 11 Dec 2019
    Listed for Rent - Price not available
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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 14,836 properties. Over the last 5 years, Houses in Cheltenham have seen a 6.60% increase in median value, while Units have seen a 10.64% increase. As at 31 December 2024:

  • The median value for Houses in Cheltenham is $1,145,908 while the median value for Units is $686,713.
  • Houses have a median rent of $700 while Units have a median rent of $545.
There are currently 44 properties listed for sale, and 35 properties listed for rent in Cheltenham on OnTheHouse. According to CoreLogic's data, 615 properties were sold in the past 12 months in Cheltenham.

Suburb Insights for Cheltenham 3192

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.