18/338 Bay Rd, Cheltenham is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 1863m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
This chic, comfortable, stylishly updated one-bedroom apartment offers one helluva opportunity in this conveniently positioned corner of one of Cheltenham's most desirable neighbourhoods: right next door to Bay Road shops, bus stops literally outside the complex and just minutes on foot to Southland station, Westfield shops and Sir William Fry Reserve.
Set up on the first floor of this beautifully maintained complex with drive-in accesses via both Bay and Jack Roads, modernised exteriors, high fencing, on-site parking, secure intercom entry and fully-enclosed hallways to your front door for extra peace of mind.
With a generous balcony and such a practical floor plan, the affordability of this home is no trade-off for function or convenience - it ticks the boxes for all 3 - a rare find these days!
Internally, a welcome arrival with neutral paint, quality carpets and Venetian blinds; split system heating and cooling, beautiful light fittings and a fantastically functional floor plan.
A generous bedroom with a built-in robe and a large combined bathroom/laundry with a bath/shower located off the kitchen.
An air-conditioned lounge room adjoining a renovated kitchen with quality stainless steel cooking appliances, opening to a private balcony with plenty of room for a table and chairs - and perhaps a hammock!
A neighbourhood renowned for its classic-original, beautifully refurbished and new homes; its leafy, tree-lined streets, parks, and its proximity to absolutely everything including multiple shopping, dining and cafe precincts, Westfield Southland and DFO, public buses and train station, and of course, the beach, foreshore and scenic bay trail.
Don't miss this opportunity to buy into this red-hot property market!
PLEASE NOTE:
*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.
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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 15,147 properties. Over the last 5 years, Houses in Cheltenham have seen a 28.65% increase in median value, while Units have seen a 15.77% increase. As at 31 December 2025:
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