9/328 Reserve RoadCheltenham VIC 3192
Property Details for 9/328 Reserve Rd, Cheltenham
Last Listing description (May 2022)
POINT OF INTEREST:
A prime location within the Hallmarc Business Park, 9/328 Reserve is as flexible as it is suitable, with glass partitioning and built-in desks, plenty of natural light, ducted air-conditioning and soon to be upgraded to recessed LED lighting. More than just an office, the workspace can also be utilised as a showroom or as a versatile storage unit space the favourable commercial 2 zoning allowing for just that. The position is very desirable, and the availability of units like this, in this location, is scarce. Read: their value is high and time on-market is low. Just 1.8 km* from the Nepean Highway (on the beach side) and 1.5 km* from Southland railway station, the commute to work is easy for those who prefer not to stray too far from the bayside bubble.
- 154 sqm* building area.
- Lighting to be upgraded to new recessed LED's.
- Commercial 2 zoning.
- Three car parks on-site.
- Glass tilt panel door.
- Centrally controlled ducted air-conditioning.
- Onyx Cafe On-Site.
- 1.8 km* to Nepean Highway.
- 1.5 km* to Southland railway station.
POINT OF VIEW:
The address says Cheltenham, but on this side of the Nepean, you may as well be in Sandringham or Beaumaris and those in the know, know exactly why its worth it.
*Approx.
Pricing excludes GST
Property History for 9/328 Reserve Rd, Cheltenham, VIC 3192
- 05 May 2022Sold for $759,000
- 22 Sep 2021Listed for Sale Contact Agent
- 22 Sep 2021Listed for Rent - Price not available
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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