LEVEL 1/42 Station Road, Cheltenham, VIC 3192 | Commercial for rent | OnTheHouse
FOR RENT
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Level 1/42 Station Road
Cheltenham VIC 3192

Bedrooms: -
Bathrooms: -
Car spaces: 6
Floor area: 473m2
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PREMIUM COMMERCIAL SPACE – THE POSSIBILITIES ARE ENDLESS!

Position your business in one of Cheltenham's most tightly held commercial locations with this outstanding 452sqm first-floor commercial premises*, offering exceptional exposure, flexibility and convenience.
Situated on the prominent corner of busy Station Road, above a well-established national tenant, this versatile property provides a rare opportunity for businesses seeking a highly visible location with outstanding accessibility.
Whether you're looking to establish a medical practice, allied health clinic, personal training studio, gym, corporate office, showroom or retail sales space, this impressive property is a blank canvas ready to be transformed to suit your business.
This space can be taken as a whole or it can be broken up into your ideal office space with shared facilities. Take 50sqm or take 100sqm the choice is yours. Versatile space amounts are ready now for you to decide upon and take for your next office space.
Property Features:
- Approx. 452sqm of versatile commercial space*
- Versatile space amounts 50, sqm, 100sqm, 120sqm and so on
- Spacious reception and client waiting area
- Three large partitioned consulting/training/office rooms
- Expansive open-plan area ready for your customised fit-out
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Property Details for Level 1/42 Station Rd, Cheltenham

Building Type
Commercial
Floor Size
473m2
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About Cheltenham 3192

The size of Cheltenham is approximately 10.6 square kilometres. There are 26 parks, covering nearly 19.1% of the total area. The population of Cheltenham in 2016 was 22291 people. By 2021 the population was 23992 showing a population growth of 7.6% in the area during that time. The predominant age group in Cheltenham is 30-39 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 2021, 70.00% of the homes in Cheltenham were owner-occupied compared with 71.00% in 2016.

Cheltenham has 15,232 properties. Over the last 5 years, Houses in Cheltenham have seen a -11.62% decrease in median value, while Units have seen a 1.24% increase. As at 30 September 2026:

  • The median value for Houses in Cheltenham is $1,169,584 while the median value for Units is $695,729.
  • Houses have a median rent of $765 while Units have a median rent of $600.
There are currently 57 properties listed for sale, and 39 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 578 properties were sold in the past 12 months in Cheltenham.

Suburb Insights for Cheltenham 3192

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Matthew Kenny
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Alex Kenny
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.