22 Christensen Street, Cheltenham, VIC 3192

Industrial | Development/Land

Sold $3,000,000

  • Property ID: 410686
  • Floor Area: 1100m²
  • Land Area: 3130m²
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 1100m2 3130m2 N/A
PRIME INDUSTRIAL ALLOTMENT - ATTENTION OWNER OCCUPIERS & DEVELOPERS!

Ray White Commercial Oakleigh is thrilled to offer this outstanding opportunity for owner occupiers, developers and investors alike to secure 3,130m2* of prime Industrial 1 Zone (IN1Z) land right in the heart of the Moorabbin / Cheltenham industrial precinct. This represents an opportunity to secure a prime site on a substantial land holding and is one of the last remaining of its size in the area. It offers a significant development opportunity (STCA) for developers in a land-deprived market and for owner occupiers and investors to benefit from the 1,100m2* building & surrounding hardstand.

The property is conveniently located off Keys Road offering excellent access to Warrigal Road, Chesterville Road, Nepean Highway & the Dingley Bypass and will be offered by way of a Deadline Private Sale Closing Tuesday, 10th May 2022 @ 4pm.

• Total land area | 3,130m2*
• Total building area | 1,100m2*
• Includes office area & amenities over two levels | 170m2*
• Internal warehouse clearance up to 8.2m*
• Huge Development Upside (STCA)
• 3x motorised roller doors & 4x bi-fold doors
• Large hardstand with canopy
• Securely gated + Security cameras + Alarm system
• Suit container loading / unloading
• Vacant Possession
• Industrial 1 Zone (IN1Z)
• Settlement in 120 - 180 days

For further information please contact the exclusive marketing agents:

Theo Karkanis | 0431 391 035
George Ganavas | 0478 634 562

*All areas and figures are approximate only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents

Cheltenham Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $5931 $345 5.81%
Offices $5566 $332 5.96%
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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