10, 328 Reserve Road, Cheltenham, VIC 3192

Industrial | Offices

For Sale

  • Property ID: 424455
  • Floor Area: 155m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the node (FTTN)
MODERN SECURE INVESTMENT

Discover a fantastic investment opportunity with this individual self-contained two-level office/showroom/warehouse located within the prestigious Hallmarc Business Park Bayside.

Immerse yourself in an immaculately presented state-of-the-art Business Park, featuring modern amenities and a convenient on-site cafe, creating an exceptional working environment.

Property Features:
• Total building area: 155sqm
• Contemporary design with modern finishes
• Ducted air-conditioning for optimal comfort
• Recessed high-lux lighting to enhance productivity
• Suspended acoustic ceilings for a peaceful work atmosphere
• Male and Female amenities for convenience
• Well-equipped kitchenette
• Abundant natural light throughout
• Three allocated car spaces for hassle-free parking
• Corporate signage rights for enhanced visibility

Tenancy Details:

Lease term: Four (4) years
Rental: $40,468.50pa plus GST and all outgoings from 1st August 2023
Comm. date: 1st August 2021
Reviews: 3.5% Annually

Further terms; One further term of four (4) years

The property is ideally located close to Nepean Highway, Westfield Southland Shopping Centre and world class golf courses.

For further details or to arrange an inspection please contact the exclusive agents.

Andrew McLaren 0405 572 514
James Davie 0412 209 696



NB: All sizes are approximate and all prices quoted are exclusive of GST.

Cheltenham Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $4920 $335 6.80%
Industrial $5222 $176 3.37%
Offices $5499 $332 6.03%
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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