SOLD
Sold on 11 Jan 2024 for $445,000

3/250 Charman Road
Cheltenham VIC 3192

Bedrooms: 2
Bathrooms: -
Car spaces: -
Floor area: 77m2
Land area: 406m2
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Property Details for 3/250 Charman Rd, Cheltenham

3/250 Charman Rd, Cheltenham is a 2 bedroom, 0 bathroom Unit and was built in 2008. The property has a land size of 406m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Cheltenham in the last 12 months.

Building Type
Unit
Year Built
2008
Floor Size
77m2
Land Size
406m2
Local Government
Kingston
Lot/Plan
3/PS537881

Last Listing description (January 2024)

Situated where the retail & rail strip meets the blue-chip beachside suburbs, this 77sqm* shopfront provides a rare opportunity to join a stretch of thriving professional, wellness & beauty businesses. One of just 5 stylish premises fronting Charman Rd in this high-profile mixed-use corner group, this successful shopfront is positioned to capture all-day sun & to benefit from the steady flow of foot & vehicle traffic and the easy street-parking that only comes at the professional end of the strip.

stylish shopfront in a successful strip of professional businesses
bright sun & big presence with full-height north-facing windows

stylish reception area lit by feature pendant-lights
2 private treatment rooms available to retain

rear storage/amenity/preparation area opening to garage
reverse-cycle air-conditioning
subtle low-cost LED downlighting
access to dual WC facilities

on-grade garage space in well-secured auto-garage

well-timed parking at the door plus additional parking on Blagdon St
captive clientele in the smaller-scale apartment group above
strong local customer base with large-scale multi-level apartment development close

opposite Cheltenham Primary School, 20m to the pedestrian crossing
150m to the refurbished railway station
4 blocks, or one station, to Southland shopping centre
33 minutes by rail to the CBD

The premises are offered for Lease with costs & terms available on application.

The Rewards
Put your best face forward on this stylish strip of successful services.

Give clients easy, private access with street- parking at the door & around the corner. Find peace-of-mind with secure rear access & garaging.

Build business on the edge of the affluent beachside suburbs.

For further details or to arrange an inspection please do not hesitate to contact exclusive agents.

*NB All prices exclude GST unless otherwise stated and all sizes are approximate.

The core focus of DBRE is industrial, commercial and retail property.

Between us we offer over 85 years experience in the commercial and industrial property markets with intricate knowledge of Melbourne's south east corridor.

Please feel free to contact us to discuss your commercial property needs.

Property History for 3/250 Charman Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$445,000
11 Jan 2024
Listed for Rent
12 Jan 2024
  • 11 Jan 2024
    Sold for $445,000
  • 28 Sep 2023
    Listed for Rent - Price not available
  • 19 Mar 2016
    Listed 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 14,710 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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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.