151C Centre Dandenong Road, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
 
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151C Centre Dandenong Road
Cheltenham VIC 3192

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1924m2
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Property Details for 151c Centre Dandenong Rd, Cheltenham

Building Type
Commercial
Land Size
1924m2
Local Government
Kingston
Lot/Plan
10/RP14621

Last Listing description (April 2019)

Prominently located on the corner of Centre Dandenong Road and Warrigal Roads, this longstanding dental clinic is an ideal investment.
This property is perfectly positioned for a medical use within a specialist complex. Chemist Warehouse is across the road, public transport on its doorstep and is well positioned to attract clientele from the established residential areas nearby.
Key attributes include:

* Securely leased to well known practice: Dentist on Warrigal
* Net income: $26,193 p.a plus GST and Outgoings
* Annual CPI increases
* Lease term until 19th April 2020
* Plus options 4 + 4 + 4 years
* Business longevity having been here of nearly 20 years
* Total building area: 60sqm (approx)
* Two treatment rooms, two toilets, lunchroom and reception areas
* Common parking for clients
This profile site is further enhanced by its close proximity to DFO, COSTCO and Kingston Plaza.
For further information or to arrange and inspection please contact:
JAMES GLEN 0401 493 277
NB: All areas and information is approximate and all images are subject to copyright.

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Property History for 151c Centre Dandenong Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$465,000
09 Apr 2019
  • 09 Apr 2019
    Sold for $465,000
  • 03 Mar 2019
    Listed for Sale Contact Agent
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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 15,147 properties. Over the last 5 years, Houses in Cheltenham have seen a 24.12% increase in median value, while Units have seen a 14.91% increase. As at 31 January 2026:

  • The median value for Houses in Cheltenham is $1,297,662 while the median value for Units is $718,805.
  • Houses have a median rent of $725 while Units have a median rent of $570.
There are currently 51 properties listed for sale, and 27 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 672 properties were sold in the past 12 months in Cheltenham.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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