11 Munro Ave, Cheltenham is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 581m2 and floor size of 177m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Bank yourself a piece of pure Pennydale potential with this versatile weatherboard home on a lovely leafy 586sqm (approx) block of land. Situated in a sought-after pocket beachside of the highway, the home presents comfortable accommodation, income potential and true opportunity to add value.
With lush leafy outlooks at every turn, the layout comprises a light-filled living and dining zone with doors at either end connecting inside with the garden. The functional kitchen offers a sweet breakfast bar, while two bedrooms, a bright bathroom and separate WC off the laundry are offered in this lower level along with ducted heating, an air-conditioner and workshop/shed.
An external staircase gives access to the self-contained upper level featuring an open plan living area and space to create a really practical kitchen. Up-to two bedrooms sharing a central bathroom plus split system heating and cooling are also included along with an elevated deck with tree-top views.
Enjoy as is or polish up to suit, this is a home with potential for multi-generational families or even to live downstairs and rent out upstairs. Instead, there is the option to start afresh with a brand-new home or multi-dwelling subdivision (STCA).
An easy 10-minute walk to Southland and the station, even closer to the local caf?, this sought-after position is near parklands and recreation and zoned for Cheltenham Secondary College.
PLEASE NOTE:
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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:
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