32/337 Bay RoadCheltenham VIC 3192
Property Details for 32/337 Bay Rd, Cheltenham
Last Listing description (March 2022)
UNDER OFFER
The Bayside Cheltenham commercial market is in hot demand, and very few office warehouse units ever become available for buyers - so move quick as this one is sure to gather interest!
This modern office warehouse unit located at first floor level at The Assembly Business Park comes with a short term tenant and attractive tax depreciation benefits to you the buyer.
Key features include:
* Total building area: 147sqm*
* Includes mezzanine: 43sqm*
* High clearance warehouse: 104sqm*
* Air conditioned mezzanine office space with stunning fitout
* Large balcony with views
* Bathroom with shower
* Kitchenette
* Two (2) car parks
* Perfect for owner occupiers and investors
* Lease to end of September 2022 (no options)
* Tax depreciation benefits available
* Brilliant Bayside amenity nearby including cafes, the brewery, childcare centres and gyms
* Massive ongoing infrastructure investment in Cheltenham - suburban rail loop project & removal of level crossings
For further details or to arrange an inspection please contact:
Julian Vautin 0420 406 660
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.
*All enquirers must provide a contact number if they wish to be contacted.
Property History for 32/337 Bay Rd, Cheltenham, VIC 3192
- 10 Apr 2026Sold for $745,000
- 22 Feb 2022Sold for $645,000
- 21 Jan 2022Listed for Sale Contact Agent
Recent sales nearby
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About Cheltenham 3192
The size of Cheltenham is approximately 10.6 square kilometres. There are 26 parks, covering nearly 19.1% of the 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 15,162 properties. Over the last 5 years, Houses in Cheltenham have seen a 9.78% increase in median value, while Units have seen a 8.13% increase. As at 30 April 2026:
- The median value for Houses in Cheltenham is $1,288,289 while the median value for Units is $727,334.
- Houses have a median rent of $750 while Units have a median rent of $575.
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