53 Taunton Drive, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
OFF MARKET

53 Taunton Drive
Cheltenham VIC 3192

Bedrooms: -
Bathrooms: -
Car spaces: 8
Floor area: 357m2
Land area: 989m2
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Property Details for 53 Taunton Dr, Cheltenham

Building Type
Commercial
Floor Size
357m2
Land Size
989m2
Local Government
Kingston
Lot/Plan
29/LP114119

Last Listing description (March 2025)

RWC Oakleigh is excited to present 53 Taunton Drive, Cheltenham, to the market, a prime opportunity that will be offered via a public on-site and online auction scheduled for Wednesday, 20th November 2024, at 11:30 AM. This is a fantastic chance for buyers to secure a highly sought-after industrial facility in one of the region's most vibrant precincts.

Situated in the tightly held Cheltenham Industrial precinct, this property appeals to a diverse range of buyers, including investors, developers, and owner-occupiers. Its strategic location ensures easy access to major arterial roads such as Warrigal Road, Nepean Highway, Boundary Road, and Centre Dandenong Road, making it an ideal hub for business operations. The property benefits from its proximity to a variety of complementary businesses, generating significant foot traffic. Notable nearby attractions include Costco, DFO, and Moorabbin Airport, which further enhance its appeal.

Total land area | 988m2*

Warehouse / Office area | 355m2*
Includes small air conditioned office | 17m2*
Additional storage / hardstand area accessible from the rear roller shutter | 130m2*
Two roller shutters accessing the front and rear of the property
Amenities include Male and Female toilets, plus a kitchenette
Zone | Industrial 1 Zone (IN1Z)
Excellent exposure to Taunton Drive
Future development or add value upside (STCA)
Visitor car parking conveniently located at the front
Outstanding Bayside location close to a wide array of amenities, including cafes, public transport, and more

Terms of sale include a 10% deposit with a settlement period of 30, 60, or 90 days.

Inspection Times:

Wednesday 13th November 2024 | 11:00am - 11:30am
Wednesday 20th November 2024 | 11:00am - 11:30am (Auction Day)

Please visit the Anywhere Auctions website via the link below or click on the "Register to Bid" button below:

https://anywhereauctions.com.au/app/property?propertyId=48394

For further information and to obtain a copy of the contract or information memorandum, please contact one of the exclusive marketing agents below:

George Kelepouris | 0425 798 677
Jonathan On | 0479 003 122
Ryan Amler | 0401 971 622

*All areas and figures approximates only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents

Property History for 53 Taunton Dr, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$1,251,000
20 Nov 2024
Listed for Rent
$613/w
15 Aug 2016
  • 20 Nov 2024
    Sold for $1,251,000
  • 16 Oct 2024
    Listed for Sale Auction Onsite & Online ($900,000 - $990,000)
  • 15 Jul 2016
    Listed for Rent $2,660 / year
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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 15,204 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.
There are currently 66 properties listed for sale, and 39 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 636 properties were sold in the past 12 months in Cheltenham.

Suburb Insights for Cheltenham 3192

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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.