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.
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:
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