22/328 Reserve RoadCheltenham VIC 3192
Property Details for 22/328 Reserve Rd, Cheltenham
Last Listing description (October 2023)
Available for sale via Private sale closing Thursday 19th October at 2pm.
POINT OF INTEREST:
A prime location within the Hallmarc Business Park, Unit 22 is the perfect turn-key solution for any business. Fully fitted and furnished with a ground floor reception, boardroom, open plan office, kitchen with lunch room plus toilet facilities. The first floor combines open plan office and glass partitioned offices, plenty of natural light, ducted air-conditioning and is further enhanced by 3 x allocated car spaces.
- 121 sqm* building area.
- Fully fitted office.
- Three car parks on-site.
- Centrally controlled ducted air-conditioning.
- Short term lease in place to Nepean Group Pty Ltd until August 2024
- Current income: $35,000 net pa + GST and outgoings
- 1.8 km* to Nepean Highway.
- 1.5 km* to Southland railway station.
POINT OF VIEW:
An exceptional Bayside office offering for investors and occupiers alike.
Property History for 22/328 Reserve Rd, Cheltenham, VIC 3192
- 25 Oct 2023Sold for $602,000
- 20 Sep 2023Listed for Sale Contact Agent
- 07 Jan 2018Listed for Rent - Price not available
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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.
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