4/328 Reserve Road, Cheltenham, VIC 3192 sold on 01 May 2026 | OnTheHouse
SOLD
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Sold on 01 May 2026 - Price Unavailable

4/328 Reserve Road
Cheltenham VIC 3192

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 204m2
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Property Details for 4/328 Reserve Rd, Cheltenham

Building Type
Commercial
Floor Size
204m2

Last Listing description (May 2026)

Stylish, spacious and Bayside-addressed, this 2-level 204sqm* office offers exceptional flexibility with space to configure to your needs and the ideal purchase arrangement –
with an overhold tenancy and vacant possession as required.

• 204sqm* over 2 levels

• Highest-quality office space
• Premier Bayside business park
• Large meeting room

• Glass-partitioned offices on each level
• Flexible open-plan workspace on each level
• Quality kitchenette
• Male & female WC facilities

• Ducted & individual climate-control systems
• Floor-to-ceiling glazing on both levels
• Generous parking for 5
• Bayside position on the beachside of Nepean Highway

• Close to home on the borders of Highett, Cheltenham and Beaumaris
• Benchmark business park with Onyx café on-site

• Evolving locale of breweries, bakeries and professional businesses

• Easy access via Bay Rd and nearby Nepean Hwy
• 1km to New Highett Common residential neighbourhood
• 1.5km to Highett station and hospitality strip
• 2km to Southland station and future SRL station at Fry Reserve
• 4 km to Sandringham village and station

Flexible month-by-month tenancy

Tenanted on purchase, occupy on demand

For further information or to arrange an inspection please contact the agents.

*NB All prices exclude GST and Outgoings unless otherwise stated and all sizes are approximate.

This estimate of the net internal area of the premises is indicative only and should not be relied upon and is not a substitute for undertaking precise measurements of the premises.

Property History for 4/328 Reserve Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
01 May 2026
  • 01 May 2026
    Sold
  • 12 Feb 2026
    Listed for Sale Contact Agents
  • 27 Oct 2020
    Transferred
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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 15,160 properties. Over the last 5 years, Houses in Cheltenham have seen a 5.37% increase in median value, while Units have seen a 5.22% increase. As at 31 May 2026:

  • The median value for Houses in Cheltenham is $1,279,114 while the median value for Units is $713,714.
  • Houses have a median rent of $750 while Units have a median rent of $585.
There are currently 66 properties listed for sale, and 24 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 630 properties were sold in the past 12 months in Cheltenham.

Suburb Insights for Cheltenham 3192

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Contact agent
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Andrew Mclaren
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James Davie
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DBRE - Moorabbin
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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.