11 Chesterville Road, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
OFF MARKET

11 Chesterville Road
Cheltenham VIC 3192

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1200m2
Land area: 978m2
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Property Details for 11 Chesterville Rd, Cheltenham

Building Type
Commercial
Floor Size
1200m2
Land Size
978m2
Local Government
Kingston
Lot/Plan
1/TP165556

Last Listing description (August 2023)

POINT OF INTEREST:

A fully refurbished and completely furnished second-floor office with all the trimmings, this is Baysides invitation to make work a local destination. Sitting front and centre of the transformed building, the above-ground-floor vantage point makes for generous bouts of natural light with a private balcony for elevated lunch breaks. The floorplan is 177.6 sqm* of open-plan and cleverly designed corporate space with high-quality meeting rooms, a modern kitchen, and an impressive ground-floor reception. End-of-trip facilities have been considered here like extensive bicycle parking and shower, and for those with a car, there are 7 undercover car spaces allocated here too. Its easy to recognise the benefit of establishing yourself here, with Southland Shopping Centre as your neighbour and therefore the Southland railway station only 700 m* away. The Nepean Highway, the south spine of Melbourne, is around the corner from your front door, but we hazard a guess that youll actually be relieved to not have to be travelling to and from the CBD as much anyway.


- 177.6 sqm* of building area.
- Commercial 1 zoning.
- 7 secure undercover car spaces.
- Brand new fit out valued at $135,000 + GST.
-Private external balcony.
- 80 m* to the Nepean Highway.
- 700 m* to Southland railway station

Fit-out inclusions:
- 18 workstations.
- 7-person boardroom with 65 TV for video conferencing and presentations.
- 4-person meeting room or dedicated office.
- 2-person quiet/zoom room.
- Impressive entryway with a stone kitchen area, also operating as a collaboration/function space.
- Dedicated additional collaboration area for staff meetings with couch and scatter ottomans.
- Polished concrete flooring throughout the kitchen and waiting area with a combination of feature carpets in the office and open working areas.

POINT OF VIEW:

Immediately moving into an office worth more than $135,000 in renovations and furniture means that your business reflects a no-expensive-spared commercial outfit by association. Add to calendar: In-person client meetings.

Property History for 11 Chesterville Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$9,750,000
14 Nov 2022
Listed for Rent
$65k/w
16 Aug 2023
  • 29 May 2023
    Listed for Rent - Price not available
  • 14 Nov 2022
    Sold for $9,750,000
  • 04 Feb 2022
    Listed for Rent - Price not available
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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 15,148 properties. Over the last 5 years, Houses in Cheltenham have seen a 28.65% increase in median value, while Units have seen a 15.77% increase. As at 31 December 2025:

  • The median value for Houses in Cheltenham is $1,312,269 while the median value for Units is $725,359.
  • Houses have a median rent of $720 while Units have a median rent of $550.
There are currently 49 properties listed for sale, and 29 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 666 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.