338 Station StreetChelsea VIC 3196
Property Details for 338 Station St, Chelsea
Last Listing description (October 2016)
PORTFOLIO AUCTION: WEDNESDAY 28TH OCTOBER AT 12 NOON AT THE OFFICES OF NICHOLS CROWDER
With a lease expiry of October 2018, an established tenant, street exposure & solid rental growth into the future, the numbers certainly work on this one! This beats anything in the area.
Positioned directly opposite Chelsea Train Station, and a stones' throw away from Chelsea Plaza & main strip of shops, this location is a perfect fit for any office or business, also providing easy access to Mornington Penninsula & Melbourne CBD.
* Total office area: 96m (approx.)
* Tenanted by Accountancy firm
* Net rental of $18,671.49 (as of October 2015)
* Lease expires October 18th 2018
* Tenant has one further option of (5) years
* Annual CPI increases throughout the lease
* 1 car space on title
* Street frontage & great natural light
For further information, contact:
JAMES GLEN - 0401 493 277 or jamesg@nicholscrowder.com.au
NB: All areas and measurements are approximate. All prices are plus GST, unless otherwise stated.
Property History for 338 Station St, Chelsea, VIC 3196
- 17 Nov 2015Sold for $340,000
- 29 Sep 2015Listed for Sale Contact Agent
- 29 Apr 2005Listed for Rent - Price not available
Recent sales nearby
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0About Chelsea 3196
The size of Chelsea is approximately 2.6 square kilometres. There are 6 parks, covering nearly 13.8% of the total area. The population of Chelsea in 2016 was 7773 people. By 2021 the population was 8347 showing a population growth of 7.4% in the area during that time. The predominant age group in Chelsea is 30-39 years. Households in Chelsea are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chelsea work in a professional occupation.In 2021, 65.10% of the homes in Chelsea were owner-occupied compared with 63.20% in 2016.
Chelsea has 5,080 properties. Over the last 5 years, Houses in Chelsea have seen a 0.86% increase in median value, while Units have seen a 6.84% increase. As at 30 June 2026:
- The median value for Houses in Chelsea is $1,149,410 while the median value for Units is $733,891.
- Houses have a median rent of $718 while Units have a median rent of $580.
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