71 Tulip Street, Cheltenham, VIC 3192 sold on 27 May 2025 | OnTheHouse
SOLD
Sold on 27 May 2025 for $3,850,000

71 Tulip Street
Cheltenham VIC 3192

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 714m2
Land area: 867m2
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Property Details for 71 Tulip St, Cheltenham

Building Type
Commercial
Floor Size
714m2
Land Size
867m2
Local Government
Bayside
Lot/Plan
1/PS523590

Last Listing description (February 2021)

Tee off into the blue-chip Bayside market with the complete Course-side package! Offered as a fully-fitted, fully-furnished package, complete from partitions to desks, this beyond-par property is the total solution to your business or investment needs with full vacant possession. '

Two-storey 714sqm* premises on 867sqm* land

Direct outlook to the 5th Tee of Sandringham Golf Course.
Massive 25-car parking in streetfront spaces and rear garage
Enclosed offices and open-plan workspace
Lofty workstation area beneath a 2-storey void
Fitted reception area, meeting space divided by glass-bi-folds
Stylish fully-appointed kitchen, quality bathroom areas
Architectural design with strong street presence.
Boutique precinct bounded by Golf Courses, reserve and driving range
Prestigious Bayside suburbs almost at the door, 1.2km to the bay
CBD within an easy road commute via Nepean Hwy or the beachfront.

Representing a unique opportunity to build a business from the ground up in a fully-appointed space, this flexible property also offers excellent investment benefits with the value-added appeal of fully-furnished rental.

*Approx.
*All figures are GST exclusive unless otherwise stated.
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 71 Tulip St, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$3,850,000
27 May 2025
Listed for Rent
$2.30k/w
20 Apr 2020
  • 27 May 2025
    Sold for $3,850,000
  • 21 Dec 2020
    Sold for $2,950,000
  • 24 Sep 2019
    Listed for Sale Not Disclosed
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About 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 15,147 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.
There are currently 53 properties listed for sale, and 29 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 669 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.