61 Tulip StreetCheltenham VIC 3192
Property Details for 61 Tulip St, Cheltenham
Last Listing description (September 2022)
Tee off with the most flexible opportunity on the Fairways. Directly opposite Sandringham Golf Course in a recently re-zoned Commercial 2 precinct, this versatile property is offered with land, plans, and rare flexibility. Continue with these previously approved/concept plans, and see through the areas quickest, easiest and potentially most rewarding mixed-use development. Or start afresh and take your vision to newer, greater heights with a project tailor-made to test the limits of the site while the existing residence pays the way.
Totalling 682sqm* with a rentable 4 bed, dual zone home
Projected residential rental income of $33,500pa]
Previously approved/concept plans from leading Bayside architect, Peter Wright
- 3-level mixed use development
- 3 offices (sized from 115sqm to 163sqm)
- 3-bedroom, 2 bathroom whole-floor penthouse with private lift
Make your own plans to capitalise on recent Commercial 2 re-zoning
Directly opposite Sandringham Golf Course
Right where blue-ribbon Bayside residential meets a blue-chip commercial precinct
At the gateway to the beachside suburbs in the heart of the Sandbelt
Easy city access via the Beach Rd or Nepean Hwy
Good transport with Frankston and Sandringham line stations within minutes
Great Greens views to appeal to commercial and residential occupiers alike
Commence today, wait out until tomorrow, use our plans or make your own, this Course-view property has a view to unparalleled rewards.
* Approx
Property History for 61 Tulip St, Cheltenham, VIC 3192
- 16 Nov 2021Sold for $1,432,000
- 03 Nov 2021Listed for Sale Auction Wed 8th Dec 11:00am - Price on Application
- 03 Apr 2018Listed for Rent $500 / week
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0About 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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