SOLD
Sold on 05 Jul 2024 for $1,023,000

31/328 Reserve Road
Cheltenham VIC 3192

Bedrooms: 1
Bathrooms: -
Car spaces: -
Land area: 11560m2
Sold By
CVA PROPERTY CONSULTANTS - MELBOURNE
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Property Details for 31/328 Reserve Rd, Cheltenham

Building Type
Commercial
Land Size
11560m2
Local Government
Bayside
Lot/Plan
31/PS543206

Last Listing description (January 2017)

The last opportunity to relocate your business to Hallmarc Bayside Business Park has now arisen.
Improve your business image working from this modern 2 floor office located in Bayside's leading Business Park.
Building 31

252sqm
Located within close proximity to on-site caf .
Kitchenette facilities & bathroom
Possibility of 7 Car spaces
Tilt Door access
Carpeted First Floor and Painted concrete on Ground Floor
Excellent signage options
Professionally managed business park
Stunning on-site Caf /Restaurant/Bar Onyx
Close proximity to transport, Nepean Highway,
Positioned within the Bayside Business District
Work with like minded businesses offering excellent networking opportunities.
Improve your corporate image

Hallmarc build, lease and manage its Business Parks and are with you every step of the way throughout your tenancy.
A dedicated Property Manager allocated to every business park allows us to react to maintenance items speedy and on time.
Being the Owners Corporation Managers, we can work with you as your business grows or needs change.
We can facilitate your fit-out requirements, our highly skilled team can manage your fit-out project from start to finish.
We treat our tenants as clients and focus on building long term relationships with you.
Call Tom Clapham on 0468 988 144 to inspect.

Property History for 31/328 Reserve Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$1,023,000
05 Jul 2024
Listed for Rent
05 Apr 2017
  • 05 Jul 2024
    Sold for $1,023,000
  • 27 Jun 2017
    Sold for $935,000
  • 19 Jan 2017
    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 14,769 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.
There are currently 56 properties listed for sale, and 42 properties listed for rent in Cheltenham on OnTheHouse. According to CoreLogic's data, 617 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.