SOLD
Sold on 01 Feb 2024 for $1,760,000

228 Centre Dandenong Road
Cheltenham VIC 3192

Bedrooms: -
Bathrooms: -
Car spaces: 4
Land area: 1000m2
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Property Details for 228 Centre Dandenong Rd, Cheltenham

Building Type
Commercial
Land Size
1000m2
Local Government
Kingston
Lot/Plan
1/LP114118

Last Listing description (October 2023)

- Approx 465m2 Warehouse
- Includes 90m2 of office
- Plus 50m2 of Mezzanine

- High Clearance
- Plenty of onsite Parking
- 1000m2 of Land
- Brilliant access off service rd

A fantastic opportunity to add high profile signage for your business. This property has a lot to offer and wont last long.

Property History for 228 Centre Dandenong Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$1,760,000
01 Feb 2024
Listed for Rent
$68k/w
17 Oct 2023
  • 01 Feb 2024
    Sold for $1,760,000
  • 13 Sep 2023
    Listed for Rent - Price not available
  • 03 Feb 2021
    Listed for Rent $57,750 / year
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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 14,710 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 40 properties listed for sale, and 44 properties listed for rent in Cheltenham on OnTheHouse. According to CoreLogic's data, 643 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.