23/328 Reserve Road, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
OFF MARKET

23/328 Reserve Road
Cheltenham VIC 3192

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 11561m2
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Property Details for 23/328 Reserve Rd, Cheltenham

Building Type
Commercial
Land Size
11561m2
Local Government
Bayside
Lot/Plan
23/PS543206

Last Listing description (January 2015)

Take advantage of the opportunity to purchase or lease this stylish two level office located within the impressive Hallmarc Business Park Bayside.

Featuring a small balcony overlooking the park, the two level office boasts a high quality in construction. With ducted air-conditioning, suspended acoustic ceiling, modern amenities (including bathroom and kitchenette), amazing natural light as well as a highly accredited stone veneer facade, the office has it all.

Located close to Nepean Highway as well as only 1.5km (approx) from Cheltenham Station or 3.2km (approx) from Sandringham Station, this office is easily accessed to cater for both employees and clients.

Secure this opportunity today. Please call to arrange an inspection.

Property History for 23/328 Reserve Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Transferred
21 Dec 2022
Listed for Rent
$719/w
20 Jan 2015
  • 21 Dec 2022
    Transferred
  • 23 Dec 2014
    Listed for Rent - Price not available
  • 19 Dec 2014
    Sold for $572,000
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About Cheltenham 3192

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 15,148 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:

  • The median value for Houses in Cheltenham is $1,312,269 while the median value for Units is $725,359.
  • Houses have a median rent of $720 while Units have a median rent of $550.
There are currently 53 properties listed for sale, and 28 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 669 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.