1/93 Cavanagh Street, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
FOR SALE

1/93 Cavanagh Street
Cheltenham VIC 3192

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 79m2
Land area: 569m2
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Property Details for 1/93 Cavanagh St, Cheltenham

Building Type
Commercial
Year Built
2016
Floor Size
79m2
Land Size
569m2
Local Government
Kingston
Lot/Plan
15/PS741965

Last Listing description (February 2026)

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
Location: Thriving local shopping strip
Convenience: Minutes away from Westfield Southland and Nepean Highway
Usage: Currently set up as a successful Hair Salon

Don't miss this fantastic opportunity to own a prime commercial property in a sought-after location.
With a history of excellence, low maintenance, and access to bustling shopping areas, this space is perfect for your business ventures.
Whether you're an investor or an entrepreneur, act now to secure this gem!

INSPECT BY APPOINTMENT ONLY

*All sizes are approximate.

*All figures are GST exclusive unless otherwise stated.

INSPECT BY APPOINTMENT ONLY

*All sizes are approximate.

*All figures are GST exclusive unless otherwise stated.

Please feel free to contact us to discuss your commercial property needs. Between us we offer over 90 years experience in the commercial and industrial property markets with intricate knowledge of Melbourne's South East corridor.

Property History for 1/93 Cavanagh St, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$180,000
01 Jul 2015
  • 24 Oct 2025
    Listed for Sale Contact Agents
  • 05 Oct 2022
    Listed for Sale Contact Agent
  • 11 Jul 2015
    Listed for Sale FROM $370,000
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About Cheltenham 3192

The size of Cheltenham is approximately 10.6 square kilometres. It has 26 parks covering nearly 19.1% of 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 15,174 properties. Over the last 5 years, Houses in Cheltenham have seen a 15.84% increase in median value, while Units have seen a 8.24% increase. As at 31 March 2026:

  • The median value for Houses in Cheltenham is $1,299,321 while the median value for Units is $718,770.
  • Houses have a median rent of $750 while Units have a median rent of $570.
There are currently 53 properties listed for sale, and 29 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.