23 Taunton DriveCheltenham VIC 3192
Property Details for 23 Taunton Dr, Cheltenham
Last Listing description (August 2024)
Offered with a current lease & scope to renegotiate or occupy after November 2025, this substantial office-warehouse is situated in one of the outer bayside suburbs most tightly-held industrial locales. Providing a well-balanced mix of office & warehouse space, these upscale premises are ideal to rent or occupy with scope to upgrade & tailor to individual needs. In a quiet crescent off Centre Dandenong Rd, these quality premises enjoy a tightly-held position in the only light-industrial precinct between Cheltenham's residential locale & Kingston Plaza shopping centre.
Substantial office-warehouse 720sqm* floorspace
- well balanced mix of office & warehouse space
- currently fitted as 5 individual offices, easily reconfigured to suit
- immense clear-span, high-clearance warehouse space
- ceiling highpoint at 6m* with a 4.8m* auto-entry door
-
dual WC facilities, reverse-cycle air-con, 3 Phase power
- total land-holding of 976sqm*
- good access & easy unloading via central driveway
- excellent perpendicular street parking for staff & customers
Leased on a 3 year term until 23 November 2025
- annual 4% increase & no further options
- ideal arrangement for investors & owner-occupiers alike.
- returning $70,148pa with 4% annual increase
Adjacent the Moorabbin Airport industrial precinct
- close to new Chifley Business Park
- 1 minute to Kingston Plaza, DFO & Costco shopping
- 3 minutes to Dingley By-Pass access & Peninsula-Link Fwy beyond
- 5 minutes to Nepean Hwy’s big box retailers & car yards
- 20 minutes to Dandenong
- 40 minutes to the city via Nepean Hwy
Offered for private sale with settlement terms at 30, 60 or 90 days by negotiation.
*NB All prices exclude GST unless otherwise stated and all sizes are approximate.
Please feel free to contact us to discuss your commercial property needs.
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Property History for 23 Taunton Dr, Cheltenham, VIC 3192
- 12 Aug 2024Sold for $1,505,000
- 15 Jul 2024Listed for Sale Contact Agents
- 01 Jun 2016Listed for Rent - Price not available
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0About 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.
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