SOLD
Sold on 12 Oct 2023 for $1,485,000

5/2-6 Wanrua Street
Cheltenham VIC 3192

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 350m2
Land area: 409m2
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Property Details for 5/2-6 Wanrua St, Cheltenham

Building Type
Commercial
Floor Size
350m2
Land Size
409m2
Local Government
Bayside
Lot/Plan
5/PS718026

Last Listing description (October 2023)

Escrow Real Estate is pleased to offer unit 5/2-6 Wanrua Street Cheltenham for sale by Public Auction on Thursday 12th October 2023 at 1pm on-site and online. (unless sold prior)

A superb opportunity exists to acquire this property situated in the tightly held and sought after Bayside business district. Offering a fabulous mix of warehouse/office/storage space perfectly positioned off Reserve Rd with easy access to Bay Rd and Nepean Highway.


Key benefits of this property include:

Total Land Area 411 Sqm *
Total Building Area 470 Sqm *
280 sqm * ground floor warehouse
130 sqm * office/storage
60 sqm * mezzanine
Superb fit out over two levels
Air-Conditioned Offices
Male/Female amenities
Kitchenette with lunch area
3 phase power
Alarm system and security
Rare 7.5 metre* floor to ceiling clearance
Electric High bay roller shutter door
4 allocated car spaces
Secure front fencing with remote controlled electric gated entry
Street frontage with excellent access.
Zoning Commercial 2 (C2Z)
Vacant possession
Terms: 10% Deposit. Balance within 30-60 Days.

We strongly recommend an inspection of this property as it will not disappoint.

To Register to Bid Online: Please visit the Anywhere Auctions website or download the app and click on the "Register to Bid" button against this property:

https://anywhereauctions.com.au/app/property?propertyId=36312

Inspect Thursdays 12:30-1:00pm or alternatively for further information or to arrange a private inspection contact Domenic Mafodda on 04032768....
*Indicates approximately.
NB: All areas and figures are approximate only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but this does not constitute any representation by the Vendor or Agent.

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Property History for 5/2-6 Wanrua St, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$1,485,000
12 Oct 2023
  • 12 Oct 2023
    Sold for $1,485,000
  • 19 Sep 2023
    Listed for Sale contact agent
  • 28 Dec 2013
    Sold for $1,760,000
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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 14,707 properties. Over the last 5 years, Houses in Cheltenham have seen a 32.80% increase in median value, while Units have seen a 17.29% increase. As at 31 July 2024:

  • The median value for Houses in Cheltenham is $1,209,188 while the median value for Units is $679,121.
  • Houses have a median rent of $690 while Units have a median rent of $538.
There are currently 45 properties listed for sale, and 37 properties listed for rent in Cheltenham on OnTheHouse. According to CoreLogic's data, 643 properties were sold in the past 12 months in Cheltenham.

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Domenic Mafodda
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