10/328 Reserve Road, Cheltenham, VIC 3192 sold on 15 April 2026 | OnTheHouse
SOLD
RECENT ADVICE
Sold on 15 Apr 2026 - Price Unavailable

10/328 Reserve Road
Cheltenham VIC 3192

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 155m2
Save

Property Details for 10/328 Reserve Rd, Cheltenham

Building Type
Commercial
Floor Size
155m2

Last Listing description (April 2026)

Located in tightly-held Hallmarc Bayside Business Park, this immaculate office-warehouse is the cleanest of clean-industrial opportunities. Setting the Bayside benchmark, this state-of-the-art premises has the space to support traditional warehousing or showroom applications...and the presentation to suggest allied-health, fitness or consulting business use. At ground-level, showroom-quality space is serviced by a stylish partitioned kitchen-dining area; equally appropriate for staff & clients. Above, light-filled office space provides a mix of fully-partitioned & open-plan office space to keep the team happy & productive. Reflecting the quality of this blue-chip Bayside position, this is an unparalleled investment in lifestyle, business & financial security.

◈ 155sqm* over 2 levels

• Ground-level showroom/storage/client-service space
• Stylish glass airport-door

• Partitioned dining-area with stylish kitchenette
• Quality male & female amenities
• Light-filled 1st-floor office-level with 2 fully partitioned offices
• Multi-station open-plan workspace
• Ducted climate-control
• Floor-to-ceiling office glazing
• Abundant natural light

• Recessed high-lux light fittings
• Suspended acoustic ceilings

• Premier Bayside Business Park
• 3 allocated car spaces for hassle-free parking
• High-visibility corporate signage rights
• Landmark business park fronted by Onyx Café Restaurant Bar
• Highett-border, edge of Sandringham position
• Walking distance to Southland shopping centre & station
• Future SRL station coming to Fry Reserve
• Walk to Bad Shepherd Brewery, Flourhouse Bakery & Hammer House Fitness
• Surrounded by world-class Sandbelt golf courses
• A minute to Highett’s hospitality strip & station
• Minutes to Sandringham village & Sandringham-line station
• Minutes to the Concourse shopping precinct in Beaumaris

• Across-Melbourne access via Nepean Hwy, Warrigal Rd & Beach Rd

• 35 minutes to Dandenong - 40 minutes to CBD - 45 minutes to Frankston

*NB All prices exclude GST and Outgoings unless otherwise stated and all sizes are approximate.

This estimate of the net internal area of the premises is indicative only and should not be relied upon and is not a substitute for undertaking precise measurements of the premises.

The core focus of DBRE is industrial, commercial and retail property.

Between us we offer over 100 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.

Forge ahead, armed with insights and backed by expertise. The future looks bright with DBRE. #onestepahead with DBRE

Property History for 10/328 Reserve Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
15 Apr 2026
Listed for Rent
$699/w
08 Dec 2021
  • 15 Apr 2026
    Sold
  • 18 Aug 2025
    Listed for Sale Contact Agents
  • 30 Jul 2024
    Listed for Sale Price on Application
Sign in to see more transactions
Commute Calculator

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 15,176 properties. Over the last 5 years, Houses in Cheltenham have seen a 9.78% increase in median value, while Units have seen a 8.13% increase. As at 30 April 2026:

  • The median value for Houses in Cheltenham is $1,288,289 while the median value for Units is $727,334.
  • Houses have a median rent of $750 while Units have a median rent of $575.
There are currently 65 properties listed for sale, and 30 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 635 properties were sold in the past 12 months in Cheltenham.

Suburb Insights for Cheltenham 3192

Market Insights
Cheltenham Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Cheltenham Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
agent headshot
Andrew Mclaren
Show contact details
agent headshot
James Davie
Show contact details
DBRE - Moorabbin
Preferred contact:
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.