SOLD
Sold on 19 Oct 2023 for $1,530,000

133 Park Road
Cheltenham VIC 3192

Bedrooms: 5
Bathrooms: 2
Car spaces: 5
Floor area: 190m2
Land area: 784m2
Sold By
Adam Gillon
Buxton Hampton East
Paul Sibley
Buxton Hampton East
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Property Details for 133 Park Rd, Cheltenham

133 Park Rd, Cheltenham is a 5 bedroom, 2 bathroom House with 5 parking spaces and was built in 1950. The property has a land size of 784m2 and floor size of 190m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 5 bedroom House sold in Cheltenham in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
190m2
Land Size
784m2
Local Government
Bayside
Lot/Plan
5/LP17814

Last Listing description (October 2023)

Whether you are a growing family, astute developer, or savvy investor, this freestanding classic home presents a rare opportunity, opposite Cheltenham Park & bushlands and world-renowned golf courses. Situated on a substantial 784m2 (approx.) allotment, this original red clinker brick with an enormous, north-facing rear garden is an impressive prospect, ready to turn the page into its next chapter.
With ability to add significant future value by way of a largely blank canvas, this much-loved abode reveals more than you might expect. Expansive accommodation & multiple living zones open to a huge back yard, showcasing endless options to relax and entertain on an undercover alfresco deck, among lush established gardens. Ornate features adjourn the residence including decorative soaring ceilings, hardwood floors, original style kitchen and fireplace. 4/5 bedrooms are serviced by 2 generous central bathrooms and a separate WC. Further additions include a full-sized laundry, ducted heating, contemporary light fittings, attic storage, double lock up garage plus off-street parking for another 4 cars.

Enjoy a superior lifestyle (beachside!) within walking distance to the bustling cafes, shops & restaurants of Charman Road, a short cut-through stroll to the express train ride at Cheltenham station & Southland Shopping Centre, and a stone's throw to a selection of leading schools including Cheltenham Primary School, Beaumaris Secondary College & Mentone Girls Secondary College. The combination of location & land size makes this a genuinely enticing option, ideal to land bank & lease out while you plan your next move, renovate, or perfect to rebuild your luxury dream family home (STCA) - the possibilities are endless!

At a glance...

* 784m2 (approx.) allotment with north facing rear
* Lease out the existing home while you get plans & permits ready to build your dream home, renovate or develop side by sides (STCA)
* Only a stone's throw to leading schools such as Mentone Girls Secondary College & Beaumaris Secondary College
* Moments from the express train at Cheltenham station, Southland Shopping Centre and the popular eateries and boutique shopping on Charman Road
* Existing solid brick home with 4/5 bedrooms, multiple living zones and huge rear garden (including expansive undercover deck for entertaining)
* Classic features including high decorative ceilings, hardwood floors and fireplace
* Lock up garage for 2 cars plus off-street parking for another 4

Property History for 133 Park Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$1,530,000
19 Oct 2023
Listed for Rent
$775/w
25 Nov 2021
  • 19 Oct 2023
    Sold for $1,530,000
  • 15 Jun 2023
    Listed for Sale Under Contract
  • 15 Nov 2021
    Listed for Rent $775 / week
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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 14,712 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 53 properties listed for sale, and 36 properties listed for rent in Cheltenham on OnTheHouse. According to CoreLogic's data, 639 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.