2 Olympic Ave, Cheltenham is a 4 bedroom, 3 bathroom House with 4 parking spaces and was built in 1975. The property has a land size of 682m2 and floor size of 224m2. While the property is not currently for sale or for rent, it was last sold in February 2013.
Is flexible design the answer to today's housing dilemmas? It's rare to find a home that adapts to a variety of uses...this expertly renovated mid-Century modern home does all that and more!
Offering the streetscape of a single property, the home comprises three separate self-contained (but optionally interconnected) spaces - each with its own entrance, off-street parking, 1-1-2 bedrooms, bathroom, laundry and open-plan living with kitchen. On one title with single rates and utilities and no body corporate or strata fees, the savvy investor will recognise the immediate benefits with potential to redevelop at a later date. Rental returns from this cleverly reconfigured property can offer investors outstanding yields.
Partially renovated to an exacting standard with quality kitchens (the largest showcasing state-of-the-art style with stone benchtops and European appliances), stylish bathrooms, polished floorboards and built-in and walk-in robes, this versatile property offers a mix of hydronic heating, reverse-cycle air-conditioning and fan-cooling ...all set in around 686sqm established gardens with CCTV surveillance and four carspaces across a double carport and sail-shaded parking.
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 15,173 properties. Over the last 5 years, Houses in Cheltenham have seen a 18.32% increase in median value, while Units have seen a 13.80% increase. As at 28 February 2026:
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