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Sold on 06 Apr 2024 - Price Unavailable

3/109 Tulip Street
Cheltenham VIC 3192

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 173m2
Land area: 180m2
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Property Details for 3/109 Tulip St, Cheltenham

Building Type
Commercial
Floor Size
173m2
Land Size
180m2

Last Listing description (April 2024)

Are you looking for a warehouse with the ability to store and have the option to add an amazing office space? Does your business need room to grow?

Look no further. This property comes with approved permit and plans to build a 59sqm mezzanine which enables a great amount of office space to be added on making this warehouse invaluable with the option to add value.

Situated in blue chip Bayside area. This property is Commercial 2 Zone. Built in 2007/8 and designed to allow access to 40Ft containers.

It currently is approx. 173sqm of building space consisting of modern front office with split system aircon, open plan warehouse, bathroom and kitchenette at the rear.

High span access with 3 phase power 2-3 car spaces at the front of property.

This property is situated in a business park that is close to some of the best gold courses in the country, close to Southland and bus and rail transport, access to Sandringham leisure centre across the road and much more.

Don't miss this opportunity to own this fantastic warehouse with unlocked potential.

Contact Matthew Kenny today for an inspection 0413743876

Property Code: 792

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Property History for 3/109 Tulip St, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
06 Apr 2024
  • 06 Apr 2024
    Sold for $1,035,000
  • 01 Sep 2023
    Listed for Sale $1,100,000
  • 03 Mar 2022
    Sold for $900,000

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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 14,772 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 54 properties listed for sale, and 37 properties listed for rent in Cheltenham on OnTheHouse. According to CoreLogic's data, 616 properties were sold in the past 12 months in Cheltenham.

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Matthew Kenny
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