378 Reserve RoadCheltenham VIC 3192
Property Details for 378 Reserve Rd, Cheltenham
378 Reserve Rd, Cheltenham is a 1 bedroom, 1 bathroom House with 10 parking spaces. The property has a land size of 557m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (December 2020)
With a terrific Reserve Road location right near the corner of Bay Road and so close to Westfield Southland, this fantastic commercial property sitting on 560 sqm (approx.) of land is the perfect space for your thriving business while also enjoying a self-contained apartment on the top level!
Perfectly designed to maximise working space, this open, functional, and versatile commercial property includes two large workshop spaces including the main expansive working area and a 2nd private working zone, kitchen at the back, office at the front with reverse cycle heat/cool, and two storage areas. Both workshop areas are easily accessed by two roller doors at the front of the property.
There is also the apartment which includes generous living/meals area, kitchen with appliances, bedroom, bathroom, and laundry. The property is currently setup as an auto repair facility and there is ample parking options at the front. Located close to Cheltenham Memorial Park, ALDI supermarket, local cafes and restaurants, sandbelt golf courses, buses, and Southland Train Station.
- TOTAL SITE AREA : 560SQM (APPROX)
- TOTAL BUILDING AREA : 603SQM (APPROX)
- HIGH PROFILE LOCATION
- COMMERCIAL 2 ZONE
Property History for 378 Reserve Rd, Cheltenham, VIC 3192
- 10 Mar 2021Sold for $450,000
- 08 Oct 2019Listed for Sale Contact Agent
- 19 Nov 2018Listed for Sale Not Disclosed
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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