25/354 Reserve Road, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
OFF MARKET

25/354 Reserve Road
Cheltenham VIC 3192

Bedrooms: 1
Bathrooms: -
Car spaces: 4
Land area: 194m2
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Property Details for 25/354 Reserve Rd, Cheltenham

Building Type
Commercial
Land Size
194m2
Local Government
Bayside
Lot/Plan
25/SP26245

Last Listing description (February 2016)

UNDER OFFER
A rare opportunity to secure a freehold factory in the heart of the increasingly popular Bayside Business District.
Located in the 354 Reserve Road business park, this property is positioned on the 'Bayside' side of the Nepean Highway. This position puts the property in close proximity to all the best amenities Bayside has to offer including: Sandbelt golf courses, gyms, personal training, cafes and of course Westfield Southland.

Key property features include:
* Total building area: 167sqm (approx.)
* 4 car spaces on title - rare for this size
* Includes male & female amenities
* Small office area
* 3 phase power
* Suits a variety of users - business or storage
* It is cheaper to own than rent!
* Ideal for Self-Managed Super Fund
For further information, contact:
SEAMUS BOLST - 0409 230 224 or seamus.bolst@nixonindustrial.com.au
MATT SPICER - 0448 567 403 or matt.spicer@nixonindustrial.com.au
NB: All areas and measurements are approximate. All prices are plus GST, unless otherwise stated.

Property History for 25/354 Reserve Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$390,000
15 Dec 2015
  • 15 Dec 2015
    Sold for $390,000
  • 04 Dec 2015
    Listed for Sale Contact Agent
  • 01 Nov 1987
    Sold for $129,000
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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 15,145 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 57 properties listed for sale, and 23 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 671 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.