32/328 Reserve Road, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
OFF MARKET

32/328 Reserve Road
Cheltenham VIC 3192

Bedrooms: -
Bathrooms: -
Car spaces: 5
Land area: 11561m2
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Property Details for 32/328 Reserve Rd, Cheltenham

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

Last Listing description (June 2022)

Located in the popular Hallmarc Business Park Bayside, this rare high tech building offers the ideal layout for businesses seeking a quality office, with the flexibility of ground floor space ideal for office/ showroom or warehouse area.

It's ready to move in now, providing an easy access option in the heart of Bayside's most highly sought after precinct - the Bayside Business District.

Key features include:

* Total building area: 224sqm*
* Downstairs area: 103sqm*
* Upstairs office: 121sqm*
* Ideal for e-commerce / pick & pack business
* Positioned in popular business park
* Air conditioning & heating
* Male & female toilets
* Kitchenette
* Private balcony
* Clear span
* Great natural light

Constructed by renowned commercial developers, Hallmarc, the quality and specifications speaks for itself.

328 Reserve Road appeals not only for its intuitive design and excellent parking, but also its proximity to surrounding amenities. Westfield Southland, wonderful golf courses, Southland train station as well as nearby wonderful cafes and breweries, further enhances this is a wonderful location for both work and investment.

For further details or to arrange an inspection please contact:

James Glen 0401 493 277

PLEASE NOTE:

* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.

* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.

Property History for 32/328 Reserve Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$810,000
14 Apr 2021
Listed for Rent
$575/w
01 Jun 2022
  • 14 Apr 2021
    Sold for $810,000
  • 11 Mar 2021
    Listed for Sale Contact Agent
  • 11 Mar 2021
    Listed for Rent - Price not available
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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 15,147 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 29 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.