28/1253 Nepean Highway, Cheltenham, VIC 3192 sold on 06 June 2025 | OnTheHouse
SOLD
Sold on 06 Jun 2025 for $350,000

28/1253 Nepean Highway
Cheltenham VIC 3192

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 72m2
Land area: 1337m2
Sold By
agent headshot
James Glen
Nichols Crowder Property Moorabbin
agent headshot
Jill Duggan
Nichols Crowder Property Moorabbin
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Property Details for 28/1253 Nepean Hwy, Cheltenham

Building Type
Commercial
Year Built
1970
Floor Size
72m2
Land Size
1337m2
Local Government
Kingston
Lot/Plan
28/PS514649

Last Listing description (September 2023)

This exceptionally well presented, high exposure office building ticks all the boxes for any modern business to thrive.

Located on Nepean Highway, this property provides massive highway exposure for your business. Along with being a short walk from Westfield Southland, this property has great access to local amenities and main arterials.

Key features include:

* Total building area: 81sqm*
* Excellent highway exposure
* Close to Westfield Southland shopping centre
* Split system heating and cooling
* Two (2) secure basement car parks on title
* Month to Month tenant in place

For further details or to arrange an inspection please contact:

James Glen 0401 493 277
Matthew Duncan 0400 427 427

PLEASE NOTE:

* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright. Unauthorised use is strictly prohibited.

*All enquirers must provide a contact number if they wish to be contacted.

Property History for 28/1253 Nepean Hwy, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$350,000
06 Jun 2025
  • 06 Jun 2025
    Sold for $350,000
  • 26 Sep 2022
    Listed for Sale Contact Agent
  • 16 Jun 2022
    Listed for Sale Contact Agent
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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 15,146 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 43 properties listed for sale, and 24 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 654 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.