11/150-156 Chesterville RoadCheltenham VIC 3192
Property Details for 11/150-156 Chesterville Rd, Cheltenham
Last Listing description (November 2017)
Ray White Commercial is delighted to present this outstanding industrial investment property located in the prestigious and tightly-held Gateway Industrial business park in the heart of Cheltenham.
Ideally located within close proximity to major arterials such as Nepean Highway, South Road and Warrigal Road, this property is the perfect addition to your investment portfolio.
With the unique opportunity to invest in the short term and occupy in the long term, don t miss out on what this property has to offer. An inspection of this modern office/warehouse will surely impress.
- Comprising modern warehouse with excellent height
- Also comprising first floor modern office of 28m2 approx. and ground floor reception/showroom of 25m2 approx.
- Full kitchen facilities with stone bench, bathroom with shower and toilet, disabled access
- Modern ground office / showroom complete with heating and cooling plus window furnishings
- Currently returning $24,689* p/a plus gst plus outgoings
- Three (3) year lease commenced 2015 with one (1) further option of three (3) years
- 2.5% fixed annual increases
- Three (3) Car parks plus ample visitor parking and designated container loading area
- Located within a quality built business park
- Paul Hickman Architectural Design
- Inspection will impress
For further information or to arrange an on-site inspection, please contact one of the exclusive marketing agents:
George Kelepouris 0425 798 677
Joshua Colosimo 0413 790 309
Property History for 11/150-156 Chesterville Rd, Cheltenham, VIC 3192
- 14 Oct 2017Sold for $535,000
- 31 Aug 2017Listed for Sale AUCTION
- 06 Feb 2015Listed for Rent $23,496 / year
Recent sales nearby
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0About 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 15,244 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.
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