16 Jellicoe St, Cheltenham is a 4 bedroom, 4 bathroom House with 2 parking spaces and was built in 1986. The property has a land size of 1125m2 and floor size of 355m2. While the property is not currently for sale or for rent, it was last transferred in December 2025.
Make history in the Southland precinct with vast views, immense dual-frontage land, and a landmark home with a history all its own! Built in 1986 by the high-profile Grollo Construction Group on a vast approx 1130sqm site, this palatial home is the grandest estate in a row of impressive family residences positioned to capitalise on proximity to Southland (just 200m) and panoramic views as far as the Dandenongs.
Now zoned GRZ2 with the added advantage of a second frontage to a rear lane (Pine Avenue), the property provides an historic opportunity for families and developers alike - with scope for multi-dwelling development (Subject to Council Approval) and potential to be retained as a grand family estate. Ready to reward with Southland's shopping at the door, the revitalised Charman Rd retail and rail strip within a walk, and schools and parklands close, the property is located to appeal to future townhouse and apartment buyers at all levels.
But don't be too quick to overlook the appeal in the four bedroom plus home-office, four bathroom, multi-living home already here. Built on a majestic scale, this broadly balconied home follows a traditional floorplan with split-level formal lounge and dining plus a vast tiled family zone, a wraparound sunroom flowing to an all-weather al fresco area. and a panorama-view lounge oriented for vast views.
Endlessly accommodating with suites upstairs and down, double-plus secondary bedrooms and an immense family bathroom, the home offers family living and entertaining on a grand scale - with a timeless timber and stainless-steel appliance kitchen and contemporary appointments including up to four car garaging. Ready to renovate, perfect to rent, this expansive home is a grand family opportunity or great investment option while you plan or landbank for the future.
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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 15,204 properties. Over the last 5 years, Houses in Cheltenham have seen a -5.85% decrease in median value, while Units have seen a 3.54% increase. As at 31 July 2026:
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