86 Chesterville RoadCheltenham VIC 3192
Property Details for 86 Chesterville Rd, Cheltenham
Last Listing description (December 2021)
** In line with current Government restrictions, we advise open for inspections are open to fully vaccinated patrons only. Density quotients will apply. Should you not be fully vaccinated we can assist with a private inspection appointment. Please contact the Agent for further information should you wish to arrange a private appointment **
Chisholm and Gamon Property is delighted to offer an exceptional opportunity to acquire a Rare Corner Freehold ( Cnr Keamy Street ) featuring 2 allotments to be sold as one located within the south-eastern growth corridor in one of Melbourne's most rapidly rising suburbs.
This Retail strip provides fantastic exposure to Chesterville Rd and set amongst other long standing businesses including Celebrations Liquor store and the family owned Majic Pizza and Pasta.
Westfield Southland is meters away with close proximately to Cheltenham station and easy access
to Nepean Hwy and the CBD, this is an excellent opportunity to add to your portfolio.
Investment Summary
- 86 Chesterville Rd Cheltenham,
- Tenant : Deep See Fish
- Building area: 68m2 approx.
- Rent - $ $ 29,167.80 p.a (Exc GST ) as at 20/2/22
- Lease expire 19/9/25
- Further term NIL
- CPI annual adjustments years 2 to 5
- 88 Chesterville Rd Cheltenham:
- Tenant : Drip Caf
- Building area:- 68 m2 approx. with external outside dining area.
- Rent - $ 29,564.40 ( Exc GST )
- Lease expire 20/10/22
- Further term 4 Years & 8 Months
- To Market Value year 1 of further term
- 3.5 % increases during the lease term
Key Attributes on this fantastic opportunity: -
- Two titles -with Two tenancies providing dual rental income
- Total rental $ 58,732.20 ( ex GST ) as at 20/2/22.
- Total Land 371 sqm. approx.
- Impressive 12 Meter approx. frontage to Chesterville Rd
- Extensive exposure to Keamy Avenue
- Rear access via Chesterville Lane
- Flexible commercial 1 Zoned landholding - City of Kingston.
- Valuable future development Potential (STCA)
- Sale is not subject to GST
Inspection times
Thursday 18 November 2pm- 2.30pm
Thursday 25 November 2pm- 2.30pm
The property is open at 11.30am, prior to Auction
For Sale by Public Auction on Thursday 2 December at 12pm onsite.
NB: All areas and measurements are approximate only.
Property History for 86 Chesterville Rd, Cheltenham, VIC 3192
- 02 Dec 2021Sold for $615,000
- 08 Nov 2021Listed for Sale Contact Agent
- 27 Aug 2015Sold for $205,000
Recent sales nearby
See more recent sales nearby/assets/perm/kkot4fqdhei65jfyw4zaq7uc2y?signature=14da1b3bd94526e23775f013a6ab77467c1ff6e88de59321fd59df07d6a74039){kind=logo}
0
/assets/perm/5zlhgqqt5ii6xlso66v5v7lori?signature=3321413edb7448ccd4bb0ad90cfab7c8448b4498bd6381fb7bf501cb4dd16392){kind=logo}
0/assets/perm/ud63kxngd4i6vjy6fxwrhcf6w4?signature=fbb718fe0d307ccd8d438ad1d7a3a5eb1013bfc378d53b896049adf6313dfcb1){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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 15,150 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.
Suburb Insights for Cheltenham 3192
Market Insights
Cheltenham Trends for Houses
N/A
N/A
View TrendN/A
N/A
Cheltenham Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
