1/93 Cavanagh Street, Cheltenham, VIC 3192 | Commercial for sale | OnTheHouse
FOR SALE
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1/93 Cavanagh Street
Cheltenham VIC 3192

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 70m2
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Ultimate Investment in the Heart of Cavanagh Village

Nestled in the vibrant Cavanagh Shopping Village, this superbly presented retail property offers a rare opportunity to secure a true set-and-forget investment.
The long-standing tenant has thrived in this bustling boutique location and recently exercised their option for a further five-year term — a clear vote of confidence in both the position and performance of the property.
• Size: 70sqm of versatile space
• Five-year lease commenced 1st June 2025
• Current rental:
$27,396.00 (4% reviews)
• Parking: Includes one convenient car park
• Modern: Part of a modern development, just six years old
• Proven: Occupied since 2016 by an outstanding tenant
• Low Maintenance: Hassle-free property upkeep
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Property Details for 1/93 Cavanagh St, Cheltenham

Building Type
Commercial
Floor Size
70m2
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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 15,112 properties. Over the last 5 years, Houses in Cheltenham have seen a 5.37% increase in median value, while Units have seen a 5.22% increase. As at 31 May 2026:

  • The median value for Houses in Cheltenham is $1,279,114 while the median value for Units is $713,714.
  • Houses have a median rent of $750 while Units have a median rent of $585.
There are currently 63 properties listed for sale, and 27 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 628 properties were sold in the past 12 months in Cheltenham.

Suburb Insights for Cheltenham 3192

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James Davie
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Andrew Mclaren
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DBRE - Moorabbin
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Cotality Copyright and Legal Disclaimers about Property Data
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.