23 Elma Road, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
 
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23 Elma Road
Cheltenham VIC 3192

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 669m2
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Property Details for 23 Elma Rd, Cheltenham

Building Type
Commercial
Land Size
669m2
Local Government
Kingston
Lot/Plan
6/LP74640

Last Listing description (July 2025)

Agents in conjunction eXp Realty & Facey Property are pleased to offer 23 Elma Road, Cheltenham for sale for the first time in 27 years by way of on-site Auction 5th JUNE 2025 at 1PM

Positioned in the heart of the Cheltenham/Moorabbin industrial precinct is this conveniently positioned office/warehouse with excellent access to Keys Road, Warrigal Road and Dingley Bypass.

Features include:

* Total building area: 512 sqm
* Total site area: 669 sqm with 18 m frontage
* Compact office area approx. 48m2 with A/C
* Provides for great branding opportunities
* Height max up to 5.8mtr under beam
* Includes bonus mezzanine space of 50 sqm
* 3 Phase power provisions
* Roller door 3.9m high x 3.6 wide
* New carpet to office area, reno'd wash rooms
* Clean, freshly painted completely through out
* Excellent truck & swing access
* Potential drop zone for 20/40' for shipping containers
* Six car spaces across to front

With absolutely noting to do, this property is sure impress.

Terms: 10% deposit Settlement 30/60 days

eXp Australia - Aviva Rotstein 0433 923 332

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Property History for 23 Elma Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$208,000
05 Jun 1998
  • 02 May 2025
    Listed for Sale Auction
  • 05 Jun 1998
    Sold for $208,000
  • 27 Jan 1984
    Sold for $106,000
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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 15,138 properties. Over the last 5 years, Houses in Cheltenham have seen a 31.93% increase in median value, while Units have seen a 18.05% increase. As at 30 November 2025:

  • The median value for Houses in Cheltenham is $1,306,671 while the median value for Units is $724,622.
  • Houses have a median rent of $725 while Units have a median rent of $550.
There are currently 37 properties listed for sale, and 27 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 668 properties were sold in the past 12 months in Cheltenham.

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