3, 132 Keys Road, Cheltenham, VIC 3192

Industrial | Showrooms

Sold

  • Property ID: 362461
  • Floor Area: 356.5m²
  • NBN Availability: Build Commenced
Sold / Leased Results

Name Result Date Floor Land Result Price
3, 132 Keys Road, Cheltenham Sold 31/07/2023 356.5m2 N/A Contact Agent
As Good as it Gets - Dynamic Main Road Investment

This premium investment is positioned at the front of estate on Keys Road with exposure to 13,000* passing cars daily and leased to national security services provider: Epsilon Security.

Epsilon Security has been in business for over 20 years and has locations in Melbourne, Sydney and Brisbane. They specialise in the design and installation of electronic security products from Europe & Asia including intercom, access control, home automation and CCTV specifically for the residential apartment market in Australia. For further information visit www.epsilonsecurity.com.au/about-us/

Modus Business Estate offers a collection of stylish, design-focused workspaces, crafted to cater to a multitude of corporate purposes. Flexible floorplans and contemporary interiors redefine traditional work spaces, creating instead solutions in which people can feel connected and thrive, enriched and inspired by their surrounds. Crafted with function in mind, Modus’ versatile spaces encourage productivity, without compromising on style. Invite your clients to visit with the confidence of knowing your business and its values are reflected in its presentation.

Based in one of Melbourne's most prized commercial locations, Cheltenham, it is situated just 20 km from the CBD with excellent connectivity to major arterials including Warrigal Road, Nepean Highway and Dingley Bypass.

Property features:
- Current rental income: $70,922.64 per annum net
- Lease Terms: 5 + 5 years
- Total building area: 356.5m2*
- Including a ground & first floor office space 190m2*)
- 6 car spaces (2 undercover)
- Boutique features including timber ceiling plates, black ceiling grids, ventilation, LED lighting and polished concrete floors, ducted heating/cooling and security system
- High speed broadband & solar power to offset running costs
- Kitchenette and bathroom with shower
- On-site cafe in the estate "Bam Bam"
- Mechanical container height roller door
- Front of estate with exposure to 13,000* passing cars daily (vicroads data 2019)

For more information, please contact CVA Property Consultants today.

*Approx
Pricing excludes GST.

Additional Information
Features
  • Availability: Immedaite
  • Lease Term: 5 Years + 5 Years
  • Rent Review: Annually CPI
  • Car Spaces: 6 on title (2 undercover)
  • Condition: Excellent
  • Air Conditioning: Yes
  • Floors: Concrete
  • Lifts: NA
  • Height: 7.5 metres
  • Age: Near New
  • Car Parking Fees: Nil
Cheltenham Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $5566 $332 5.96%
Retail $5931 $345 5.81%
Industrial $5327 $182 3.42%
This is the average advertised price, rent and yield for Cheltenham, VIC 3192*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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