152-158 Weatherall RoadCheltenham VIC 3192
Property Details for 152-158 Weatherall Rd, Cheltenham
Last Listing description (January 2026)
Phone Enquiry ID: 231879
Corner Site Opposite Golf Course | 850m with Approved Plans & Permits
For Sale Prime Permit-Approved Development Site in Cheltenham, VIC
Situated on a generous 850m (approx.) corner block, this premium residential development site comes with approved plans and permits for a striking 4-storey mixed-use building comprising:
3 Ground-Level Retail Shops
17 Modern and Large Apartments including 3 one-bedroom apartments, 9 two-bedroom apartments, 3 three-bedroom apartments and 2 three-bedroom townhouses.
Basement Car Parking
Currently, the site is leased out to give developer time to organize construction and finance.
Key Features:
Prominent corner location in established residential area
Directly opposite public golf courses enjoy uninterrupted green views
Minutes from Cheltenham Train Station
Close to beautiful Beaumaris beach
Moments from Southland Shopping Centre
Surrounded by leading schools including Mentone Girls Secondary College
Planning risk removed ready to build
Perfectly positioned for strong resale or rental demand, this project combines lifestyle, convenience, and investment appeal in one of Melbournes fastest-transforming urban pockets.
Property History for 152-158 Weatherall Rd, Cheltenham, VIC 3192
- 25 Oct 2025Listed for Sale $3,200,000 $3,500,000
- 03 Jun 2025Listed for Sale $3,500,000 $3,850,000
- 16 Oct 2023Listed for Rent $35,000 / 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 15,201 properties. Over the last 5 years, Houses in Cheltenham have seen a 0.77% increase in median value, while Units have seen a 2.26% increase. As at 30 June 2026:
- The median value for Houses in Cheltenham is $1,248,865 while the median value for Units is $703,151.
- Houses have a median rent of $750 while Units have a median rent of $600.
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