33/328 Reserve RoadCheltenham VIC 3192
Property Details for 33/328 Reserve Rd, Cheltenham
Last Listing description (September 2023)
Positioned on the southern side of one of the area's most popular business parks, this architecturally designed two (2) level high tech office / showroom is fully fitted and ready to go. This Bayside location is as good as it gets from a lifestyle amenity point of view.
Built by renowned developer Hallmarc, and positioned in the tightly held Bayside Business District, this area has remained popular for a long period of time and with cafes, gyms, brewery, golf courses and the beach all on your doorstep it's hard to see why this is not a winner on all fronts.
Key features include:
* Total building area: 195sqm*
* Fully fitted ground floor office/showroom/retail area: 135sqm*
* Fitted first floor office: 60sqm*
* Canter leaver door allowing downstairs to be transformed into a low clearance warehouse
* This allows a hybird warehouse / pick and pack area for downstairs instead of office
* Kitchenette and two (2) separate toilets
* Fully carpeted, suspended ceiling and lighting
* Great north facing natural light
* Excellent signage availability for your business
* Popular ONYX Cafe located on site, ideal for client meetings and catch ups
* Ability to lease out separately and part owner occupy
* NBN Connection
* Great Investment to rent out long term
* Ideal purchase for a SMSF
For further information and to arrange inspections, contact:
James Glen 0401 493 277
Matt Nichols 0418 186 488
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.
Property History for 33/328 Reserve Rd, Cheltenham, VIC 3192
- 04 Apr 2023Listed for Sale Contact Agent
- 13 Jul 2021Listed for Rent - Price not available
- 02 Dec 2020Listed for Rent $38,947 / year
Recent sales nearby
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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 15,148 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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