271 Bay RoadCheltenham VIC 3192
Property Details for 271 Bay Rd, Cheltenham
Last Listing description (December 2025)
This vibrant, fully fitter ground floor office offers a commercial investment, with an approx 5.8%* return, offers a commercial investment like no other.
With an approx 200m2* of office space, 3 car allocated parking on title and loads of street parking, you'll easily understand why the tenants themselves committed to this outstanding opportunity.
Property Features:
Glass partitioning
Central A/C
Glass partitioning with its own reception/waiting area.
Fitted remote Blinds
Security Entrance
Security alarm
Storage cupboard
Modern floor coverings
Fantastic productive space with both natural light & privacy
Common amenities - bathrooms and kitchenette
Allocated & secure 3 car undercover car parking
Loads of off-street parking
Close to Southland and Cheltenham station
Cooling and Heating
With a recently completed renovation/new fit out you also be able to take advantage of the massive depreciation* of this investment.
Located in prime location and in the heart of Cheltenham, just moments away from local cafes, park and public transport options, not forgetting Westfield Shopping Complex and Aldi right across the road.
Why wait, contact me to find out more and secure this great investment opportunity now!
Property History for 271 Bay Rd, Cheltenham, VIC 3192
- 03 Dec 2025Listed for Sale Contact Agent
- 04 Sep 2025Listed for Sale Contact Agents
- 04 Sep 2025Listed for Rent - Price not available
Recent sales nearby
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0About 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.
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