41a Olympic Ave, Cheltenham is a 4 bedroom, 3 bathroom Unit with 2 parking spaces. The property has a land size of 355m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 4 bedroom Unit sold in Cheltenham in the last 12 months.
Distinguished by spectacular, family-friendly dimensions, this contemporary four bedroom residence merges a timeless designer palate with poolside alfresco living in a highly sought-after Bayside position. Peacefully cast within easy reach of Southland Shopping Centre, excellent schools, cafes and city-bound transport, this is an effortlessly maintained home with a distinctive lifestyle offering that is the envy of others.
Under towering ceilings, the sense of light and proportion is certain to surprise as the home flows to its open-plan crescendo. Appointed with a selection of superior stainless-steel Fisher & Paykel appliances and arranged around a wrap-around and waterfall-edged bench of Caesarstone, all with a generous walk-in pantry, the kitchen caters to all occasions, while dining / living opens seamlessly to a vast, undercover alfresco area. Here, with a heated in-ground swimming pool and a water feature as its focal point, the home reveals its bold entertainers' spirit. Intelligently designed, the home also allows you to choose between an upstairs or downstairs master suite - each with fully tiled ensuites and abundant built-in and walk-in robe storage, while both a formal lounge downstairs and an upstairs retreat offer ample spaces for family members to each find some sanctuary. Adding to the inviting ambiance, a gas log fireplace promises to warm the winter months, while ducted reverse cycle heating and air conditioning ensure year-round comfort, plus you have video entry, a security alarm and CCTV surveillance, as well as a family-sized bathroom that features a frameless screened shower and independent bath, a separate wc, a powder room and laundry.
Brilliantly situated in the heart of Melbourne's famous sandbelt golf courses, this coveted location is also just moments from the beach, a huge diversity of shops, dining and cinemas at Southland, a more sedate shopping experience on Charman Road and the convenience of two city-bound train lines.
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 15,145 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:
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