SOLD
Sold on 29 Nov 2023 for $1,760,000

2 Hamlet Street
Cheltenham VIC 3192

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 542m2
Sold By
David Garfield
Nichols Crowder Property Moorabbin
James Glen
Nichols Crowder Property Moorabbin
Save

Property Details for 2 Hamlet St, Cheltenham

Building Type
Commercial
Land Size
542m2
Local Government
Bayside
Lot/Plan
57/LP11375

Last Listing description (November 2023)

Nichols Crowder is thrilled to present 2 Hamlet Street, Cheltenham to the market for sale by public auction on Wednesday 29th November at 2pm on site.

The property is being offered on a vacant possession basis, allowing it to be fully utilised by the astute owner-occupier who recognises its true value and singularity in this area.

While such unique properties are often found in city fringe suburbs like Richmond and South Yarra, it is a rarity to come across one in Bayside.

Located in a prime position, there is no other place in Melbourne that can boast such an extraordinary range of locational benefits and amenities as this property. From the best beaches and gyms to cafes, restaurants, and retail villages, not to mention world-class golf courses, this property truly has it all.

Key features include:

* First time offered in 37 years!
* Total building area: 512sqm*
* Includes 29sqm* of first floor office space
* Great landholding of 542sqm*
* Incredible site coverage of 90%
* Combined frontage of over 50m*
* Dual roller door access which allows property to be part occupied
* Excellent natural light throughout
* Electric roller door
* Basic amenities including shower
* Two (2) car spaces out front
* Positioned just behind well-known and highly desirable Bay Road
* Major arterials of Nepean Highway and Beach Road in close proximity
* Ideal Commercial 2 zoning allowing office/retail/showroom/fitness (STCA)

For further details or to arrange an inspection please contact:

James Glen 0401 493 277
David Garfield 0412 651 661

OPEN FOR INSPECTION:

Wednesday 8th November - 2:00pm - 2:30pm
Monday 13th November - 2.00pm - 2.30pm
Wednesday 15th November - 2:00pm - 2:30pm
Wednesday 22nd November - 2:00pm - 2:30pm
Wednesday 29th November - 1.30pm - 2pm (pre-auction)

PLEASE NOTE:

* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright. Unauthorized use is strictly prohibited.

Property History for 2 Hamlet St, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$1,760,000
29 Nov 2023
  • 29 Nov 2023
    Sold for $1,760,000
  • 03 Nov 2023
    Listed for Sale Contact Agent
  • 01 Apr 1986
    Sold for $155,000
Sign in to see more transactions

Commute Calculator

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

Market Insights
Cheltenham Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Cheltenham Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.