283 Bay Road, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
OFF MARKET

283 Bay Road
Cheltenham VIC 3192

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 884m2
Land area: 941m2
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Property Details for 283 Bay Rd, Cheltenham

Building Type
Commercial
Floor Size
884m2
Land Size
941m2
Local Government
Bayside
Lot/Plan
99~2/LP1022

Last Listing description (September 2024)

Secure your future
with the perfect office, showroom & warehouse mix ... and the security of a flexible lease-back tenancy. Cornering Tibrockney St in high-profile style, these landmark premises are a secure opportunity for investors & owner-occupiers alike. Situated on an approx. 941sqm parcel of Bayside corner land, this high-profile property presents with professional office presence on Bay Rd...and opens up with expansive warehouse space on Tibrockney St.

- 140qm* professional office space over 2 levels facing Bay Rd

- street front appeal with privacy-filmed glass faade
- Bay Rd entry lobby with mid-century stair

- ground-floor: 3 separate multi-station workspaces
- scope to convert as open-plan showroom space
- 1st-floor: large multi-station workspace area
- 2 high-security executive offices
- kitchen area, dual WC facilities, reverse-cycle air-conditioning

- 770sqm* warehouse accessed from Tibrockney St
- high-clearance roller-door & high clear-span space
- interior marked with car spaces to fit 19 vehicles
- 6 visitor car spaces on front apron
- new cafes & hospitality businesses all around
- neighbouring high-profile retail brands (including Dan Murphys & Aldi)
- Southland shopping centre within a minute

- easy access to major arterials (Nepean Hwy, Beach Rd, Dingley By-Pass)

- Bayside address with close proximity to the beachside suburbs
- Positioned on the fast-developing residential border of Highett
- Accessible to Sandringham & Frankston railway lines

Secure a high-profile Bayside corner
Safeguard your future with these landmark premises
* Approx.

Short Term lease back available.

Invest in success. Invest in 283 Bay Road, Cheltenham.

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 283 Bay Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$1,362,500
27 Jun 2008
  • 05 Oct 2023
    Listed for Sale Contact Agents
  • 27 Jun 2008
    Sold for $1,362,500
  • 17 Jun 1993
    Sold for $450,000
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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 15,207 properties. Over the last 5 years, Houses in Cheltenham have seen a -5.85% decrease in median value, while Units have seen a 3.54% increase. As at 31 July 2026:

  • The median value for Houses in Cheltenham is $1,210,049 while the median value for Units is $715,290.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 67 properties listed for sale, and 34 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 629 properties were sold in the past 12 months in Cheltenham.

Suburb Insights for Cheltenham 3192

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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.