2/51-53 Grange Road, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
OFF MARKET

2/51-53 Grange Road
Cheltenham VIC 3192

Bedrooms: -
Bathrooms: -
Car spaces: 7
Floor area: 475m2
Land area: 325m2
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Property Details for 2/51-53 Grange Rd, Cheltenham

Building Type
Commercial
Floor Size
475m2
Land Size
325m2
Local Government
Kingston
Lot/Plan
3/PS429822

Last Listing description (March 2026)

Situated where DFO Shopping Centre meets the Moorabbin Airport commercial precinct, these upscale premises take flight with an adaptable balance of office & warehouse space.

Ground-floor:

- showroom with full-glass facade
- Enclosed central office or storage area
- High-volume, high-clearance warehouse

- Quality kitchen area and WC facilities

First-floor:

- Large enclosed front-office space

- Fully partitioned executive office

- Adjacent open-plan workspace
- Secure central work-room/storage
- Large mezzanine storage area

Featuring:

- 475sqm* high-quality office warehouse

- high-clearance roller door

- Reverse-cycle air-conditioning

- 7 car spaces on-title

- Opposite DFOs shopping and eateries
- 1 minute to Costco shopping and petrol station
- 1 minute to Moorabbin Airport
- 1 minute Chifley Business Park
- 2 minutes to Peninsula-Link Fwy access
- 3 minutes to Dingley By-Pass access

- 5 minutes to Cheltenham station
- 20 minutes to Dandenong
- 40 minutes to the city via Nepean Hwy

* Approx

*NB All prices exclude GST unless otherwise stated and all sizes are approximate.

"A vision for tomorrow requires a strategy today. Dive into the future with DBRE."
The core focus of DBRE is industrial, commercial and retail property.

Between us we offer over 85 years experience in the commercial and industrial property markets with intricate knowledge of Melbourne's southeast corridor.

Property History for 2/51-53 Grange Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$745,000
19 Jul 2018
Listed for Rent
$757/w
26 Apr 2016
  • 11 Mar 2026
    Listed for Sale Price on Application
  • 19 Jul 2018
    Sold for $745,000
  • 26 Nov 2015
    Listed for Rent $39,500 / year
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About 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 15,164 properties. Over the last 5 years, Houses in Cheltenham have seen a 9.78% increase in median value, while Units have seen a 8.13% increase. As at 30 April 2026:

  • The median value for Houses in Cheltenham is $1,288,289 while the median value for Units is $727,334.
  • Houses have a median rent of $750 while Units have a median rent of $575.
There are currently 70 properties listed for sale, and 26 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 637 properties were sold in the past 12 months in Cheltenham.

Suburb Insights for Cheltenham 3192

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.