SOLD
Sold on 23 Aug 2024 for $482,250

10/19-23 Kylie Place
Cheltenham VIC 3192

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 135m2
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Property Details for 10/19-23 Kylie Pl, Cheltenham

Building Type
Commercial
Land Size
135m2
Local Government
Kingston
Lot/Plan
10/SP24845

Last Listing description (August 2024)

The perfect way to start you investment port folio with the option of occupying yourself at a later date.

Located down a peaceful and private cul-de-sac in a sought after industrial location.

The property is securely lease until August 2025 with one further term of two (2) years available to the tenant.

The building is approximately 125sqm* with a 50/50 mix of partitioned office space & amenities and warehouse.

Features include:
* Air conditioned office space
* Security alarm system
* 3 phase power
* Excellent natural light
* High roller door access
* Two (2) car spaces on title

For further details and inspections, please contact the agents.

*NB All prices exclude GST unless otherwise stated and all sizes are approximate.

"A vision for tomorrow requires a strategy today. Dive into the future with DBRE."

The core focus of DBRE is industrial, commercial and retail property.

Between us we offer over 85 years experience in the commercial and industrial property markets with intricate knowledge of Melbourne's south east corridor.

Property History for 10/19-23 Kylie Pl, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$482,250
23 Aug 2024
Listed for Rent
$287/w
31 Oct 2019
  • 23 Aug 2024
    Sold for $482,250
  • 20 Mar 2023
    Listed for Sale Contact Agent
  • 20 Aug 2019
    Sold for $302,500
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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 14,769 properties. Over the last 5 years, Houses in Cheltenham have seen a 14.37% increase in median value, while Units have seen a 13.72% increase. As at 31 October 2024:

  • The median value for Houses in Cheltenham is $1,171,721 while the median value for Units is $695,183.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 56 properties listed for sale, and 42 properties listed for rent in Cheltenham on OnTheHouse. According to CoreLogic's data, 617 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.