7D/354 Reserve RoadCheltenham VIC 3192
Property Details for 7d/354 Reserve Rd, Cheltenham
Last Listing description (August 2025)
ONE SPACE, ENDLESS OPPORTUNITIES
Build on Bayside business, add to a beachside lifestyle, invest in an exclusive beachside-of-the Highway commercial precinct. Whatever the plan, this versatile property offers rare Bayside benefits with easily adapted space, ‘blank-canvas’ 1st-floor presentation, and an in-demand address. Secure and private in the rear corner of this modern factoryette development, these high-quality premises offer 2 levels of flexible full-level floorspace; easily reconfigured to the property’s original mezzanine format to fit warehousing or vehicle storage needs.
YOUR PRIVATE BAYSIDE HQ!
Total 204sqm* floorspace over 2 levels
• High-clearance 4.3m auto-door
• Alarm
• 2 dedicated car spaces
104sqm* ground-floor space
• Full bathroom
• Plumbed kitchenette bench
100sqm* 1st-floor
• Blank-canvas open space to fit to purpose
• Partitioned office area
Scope to remove 60sqm* to reinstate original 40sqm* mezzanine area
• Easily returned to original permitted space
• Adjust to increase height and cubic space for vehicles or warehousing
• Border of Highett, close to the blue-chip beachside residential suburbs
• Walking distance to stations at Southland and Cheltenham
• Accessible to both Sandringham and Frankston line stations’
• Behind high-profile COS Organic foodstore
• Easy access via Nepean Hwy, Warrigal Rd and Beach Rd
• 5 minutes to Sandringham’s beachside shopping village
• 33 minutes to Dandenong
• 36 minutes to CBD
For further information please contact our Agents.
*All sizes are approximate
*All figures are GST exclusive unless otherwise stated.
The core focus of DBRE is industrial, commercial and retail property.
Between us we offer over 85 years’ experience in the commercial and industrial property markets with intricate knowledge of Melbourne's southeast corridor.
Property History for 7d/354 Reserve Rd, Cheltenham, VIC 3192
- 12 Aug 2025Sold for $725,000
- 17 Apr 2025Listed for Sale Contact Agents
- 11 Dec 2014Sold for $352,000
Recent sales nearby
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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.
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