151D Centre Dandenong RoadCheltenham VIC 3192
Property Details for 151d Centre Dandenong Rd, Cheltenham
Last Listing description (March 2023)
Wonderful corner position and exposure!
Situated on the corner of Warrigal Road and Centre Dandenong Road, this suite of 70sqm* is one of five in a medical centre facility.
Offering a large car park to the north
With a new 4-year lease in place and with the tenants refurbishments this is one terrific commercial investment opportunity.
Return $25,897pa +GST + Outgoings with 3% reviews annually this property is an ideal prospect for a SMSF or keen investor to sit and forget.
For further details or to arrange an inspection please do not hesitate to contact our office.
*NB All prices exclude GST unless otherwise stated and all sizes are approximate.
The core focus of DBRE is industrial, commercial and retail property.
Between us we offer over 75 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.
Property History for 151d Centre Dandenong Rd, Cheltenham, VIC 3192
- 08 Mar 2023Sold for $633,000
- 23 Jan 2023Listed for Sale Contact Agents
- 21 Mar 2012Sold for $355,000
Recent sales nearby
See more recent sales nearby/assets/perm/kkot4fqdhei65jfyw4zaq7uc2y?signature=14da1b3bd94526e23775f013a6ab77467c1ff6e88de59321fd59df07d6a74039){kind=logo}
0
/assets/perm/5zlhgqqt5ii6xlso66v5v7lori?signature=3321413edb7448ccd4bb0ad90cfab7c8448b4498bd6381fb7bf501cb4dd16392){kind=logo}
0/assets/perm/ud63kxngd4i6vjy6fxwrhcf6w4?signature=fbb718fe0d307ccd8d438ad1d7a3a5eb1013bfc378d53b896049adf6313dfcb1){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About 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.
Suburb Insights for Cheltenham 3192
Market Insights
Cheltenham Trends for Houses
N/A
N/A
View TrendN/A
N/A
Cheltenham Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© 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.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
