5/147 Centre Dandenong RoadCheltenham VIC 3192
Property Details for 5/147 Centre Dandenong Rd, Cheltenham
Last Listing description (April 2024)
INVESTORS DONT MISS THIS ONE!
Recently fully refurbished with no expense spared. New wooden floors, repainted through out, new window furniture, split system air conditioning through out. Not a cent to spend!
This is an amazing space waiting to be sold to the savvy investor.
Brand new 2+2 year lease in place returning $35,000 per annum plus outgoings to a therapy business.
Total 88sqm internal space
3 internal consultation spaces
1 car park on separate title.
Prime position and Signage ability to Main Roads
Large open Reception area
Kitchenette, Male and Female Toilets
Excellent Parking available
Close to Bus stop and train services.
On the corner of busy Warrigal Rd and Centre Dandenong Road.
Don't miss this opportunity. On the asking price you will get a return of 5% plus!
Contact the Agent NOW!!
Property Code: 754
Property History for 5/147 Centre Dandenong Rd, Cheltenham, VIC 3192
- 07 Jul 2023Listed for Rent - Price not available
- 09 May 2023Listed for Sale Price Drop $630 - $690K
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 15,206 properties. Over the last 5 years, Houses in Cheltenham have seen a -5.85% decrease in median value, while Units have seen a 3.54% increase. As at 31 July 2026:
- The median value for Houses in Cheltenham is $1,210,049 while the median value for Units is $715,290.
- Houses have a median rent of $750 while Units have a median rent of $600.
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