SOLD
Sold on 05 Jul 2024 for $280,000

2/296 Bay Road
Cheltenham VIC 3192

Bedrooms: 1
Bathrooms: -
Car spaces: -
Floor area: 96m2
Land area: 1778m2
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Property Details for 2/296 Bay Rd, Cheltenham

Building Type
Commercial
Floor Size
96m2
Land Size
1778m2
Local Government
Bayside
Lot/Plan
23/PS616062

Last Listing description (August 2021)

Make your next move into this premier bayside building!

You'll have dual entry into a highly functional office containing board room, desk areas, kitchenette, equipped with heating and cooling.

This fantastic location is ideal for staff, with nearby lifestyle amenities including cafes, gyms, supermarkets, golf courses, Westfield Southland and the beach.

Key features include:

* Total building area: 55sqm*
* Private board room and kitchenette
* Dual entry into office suite
* Two (2) car spaces
* Ample visitor parking
* Air conditioning and heating

For further details or to arrange an inspection please contact:

Darryl Lever 0423 044 805

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 2/296 Bay Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$280,000
05 Jul 2024
Listed for Rent
$230/w
26 Aug 2021
  • 05 Jul 2024
    Sold for $280,000
  • 17 Jun 2021
    Listed for Rent - Price not available
  • 07 Mar 2014
    Transferred
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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.