4, 37-39 Station Road, Cheltenham, VIC 3192

Retail | Medical | Offices

Sold $400,000

  • Property ID: 446205
  • Floor Area: 47m²
  • Land Area: 47m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 02/10/2024 47m2 47m2 $425,000
SUPERB RETAIL SHOP IN PRIME LOCATION

GROUND FLOOR RETAIL PREMISES READY TO OCCUPY FROM JULY 2025.

Discover an exceptional opportunity to elevate your business in a light-filled, contemporary commercial space. Situated on the ground floor with prominent street frontage, this property offers unmatched visibility in a bustling location.
Located within the Quest Apartment development and just a few minutes walk from the Cheltenham Train Station.

Lease terms:
Leased to local and established hairdresser till 28/07/2025 with no further options.
The current rent is $20,058pa + GST + outgoings.

Key Features:

Enjoy a modern, light-filled interior that enhances the appeal and functionality of your business.
Positioned on the ground floor with prominent street frontage, ideal for attracting walk-in traffic and maximizing exposure.
Encompassing a total building area of 47 sqm* plus one car space on title, providing ample room for various commercial uses.

All Inquiries Contact John Black 0419341986

*Approx

Cheltenham Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $5327 $182 3.42%
Offices $5566 $332 5.96%
Retail $5931 $345 5.81%
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 Retail 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:

  • 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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