4/250 Charman Road, Cheltenham, VIC 3192 | Commercial for sale | OnTheHouse
 
FOR SALE
$575.000

4/250 Charman Road
Cheltenham VIC 3192

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 78m2
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HUGE PRICE REDUCTION Desperate Sale MUST BE SOLD Invest/Occupy/Shop/Office/Retail

Exceptionally flexible and superbly central, this versatile shopfront-office offers multiple options on edge of the retail strip in the heart of the rail precinct. One of 5 Charman Rd shopfronts in this well-tenanted mixed-use corner development, this blue-chip shopfront shines with a high-traffic position and a highly-sought beachside-of-the-line position. Formerly occupied as the offices and teaching space of the Floral Art School of Australia, these impeccably presented premises are ready to bloom again as an eye-catching retail
opportunity, professional business base or rewarding investment.
- approx 78sqm shopfront-office with approx 25sqm (2-car) garaging
- projected rental return approx $30,000 pa
- 2 fully-secured offices suitable for individual rental
- Office 1: professionally fitted with 4-station cabinetry
- Office 2: currently utilized as storage
- office equipment, unfitted furnishings and storage racking available by negotiation
- sunny north-facing reception-area
- rear workspace/meeting area/staffroom
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Property Details for 4/250 Charman Rd, Cheltenham

Building Type
Commercial
Floor Size
78m2
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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.

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Frank Hellier
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eXp Realty VIC
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