44-46 Thames Promenade, Chelsea, VIC 3196 | Property Value & History | OnTheHouse
OFF MARKET

44-46 Thames Promenade
Chelsea VIC 3196

Bedrooms: -
Bathrooms: -
Car spaces: 24
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Property Details for 44-46 Thames Prom, Chelsea

Building Type
Land
Local Government
Kingston
Lot/Plan
2/LP17725

Last Listing description (October 2023)

Permit Approved Childcare Centre Opportunity in Highly Sought-After Bayside Region

The Leasing Agency is delighted to offer for lease this exceptional childcare centre opportunity with proximity to Chelsea beach and convenient access to major arterials connecting the peninsula to Melbourne's CBD.

The key highlights of this opportunity include:


+ 112 approved licensed places

+ Circa. $165* daily rates in surrounding centres

+ Designed by renowned architecture firm The Ellis Group

+ Robust demand ratio of 3:1* children per licensed place within catchment

+ Neighbouring Chelsea Primary School 900m* and Chelsea Heights Primary School 1.6km*

+ Strong household income in excess of $130,000* per annum (compared with circa. $92,000 Victorian average)*

+ Project is slated for completion by Q4 2024

*approximately
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The Leasing Agency strives to provide the most attentive services on the market.

Here's how we can assist:

Tenant Representation

The Leasing Agency has represented high-profile occupiers in all sectors of the commercial market. We leverage our expertise and relationships to help you form a growth strategy that gives you the edge to secure opportunities for the right price and on the right terms.

Lease Assignment

Whether your business is upsizing, downsizing or relocating, The Leasing Agency can assist with developing an exit strategy that minimises liability. By providing lease disposal advice and managing the marketing and documentation process, we can guide you through the lease assignment process while eliminating your risk exposure.

Business Brokerage

By appointing The Leasing Agency to sell your business, you gain access to our extensive network of local and international clients who are always on the lookout for fresh opportunities. Our comprehensive service ensures you maximise the sale price of your business - from effective marketing and careful negotiation through to the final handover process.

Renewal Negotiation

The lease renewal process can be stressful for many businesses and negotiating the right terms for the coming years is critical for the ongoing success. The Leasing Agency is associated with a number of industry-leading valuers who offers expert advice throughout the renewal negotiation process with strong supporting evidence to back our claim.

Leasing Services

The Leasing Agency is the acknowledged market leader in commercial leasing. Our attentive services, tireless work ethic and balanced approach have earned us the reputation of leasing experts. We pride ourselves in being leasing specialists and this focus has distinguished us from traditional real estate agencies in the market.

Asset Management

At The Leasing Agency, we value relationships with our tenants and landlords. We believe by maintaining a balanced relationship, we can achieve an optimal long-term outcome and safeguard the return on your hard-earned investment. As proactive property experts, we keep up to date on current market trends and constantly strive to add value to your portfolio.

Development Advisory

The success of a commercial project relies heavily on having the right tenancy mix. At The Leasing Agency, we help developers find the most ideal design efficiency ratio and involve ourselves from initial planning, through securing anchor tenants, to the final delivery. By engaging us, we can minimise the vacancy risk and maximise the development yield.

Strategic Planning

Real estate is a long game that requires meticulous planning. As leasing professionals, our fingers are on the pulse - we monitor market trends closely and are well-positioned to help assess your property strategy. We are here to assist, whether you are looking to expand your portfolio, add value to existing assets or diversify into different commercial sectors.

Property History for 44-46 Thames Prom, Chelsea, VIC 3196

A timeline of how this property has performed in the market
Last Sold
$2,677,500
07 Mar 2025
  • 11 Aug 2023
    Listed for Rent - Price not available
  • 09 Mar 2023
    Listed for Sale Contact Agent
  • 21 Apr 2022
    Sold for $1,875,000
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About 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 5,082 properties. Over the last 5 years, Houses in Chelsea have seen a -4.04% decrease in median value, while Units have seen a 6.10% increase. As at 31 July 2026:

  • The median value for Houses in Chelsea is $1,161,160 while the median value for Units is $734,277.
  • Houses have a median rent of $715 while Units have a median rent of $575.
There are currently 17 properties listed for sale, and 5 properties listed for rent in Chelsea on OnTheHouse. According to Cotality's data, 228 properties were sold in the past 12 months in Chelsea.

Suburb Insights for Chelsea 3196

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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.