2, 138-140 Argus Street, Cheltenham, VIC 3192

Industrial | Offices | Showrooms

Leased

  • Property ID: 446544
  • Floor Area: 154m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 2 Leased 18/10/2024 154m2 N/A Contact Agent
EXPANSIVE AND REFINED: A HYBRID GOLD MEDAL.

POINT OF INTEREST:

The Argus may have opened its ten doors 18 months ago, but it’s still setting the benchmark in modern industrial design for the presentation-conscious. The hybrid layout combines the best storage solutions with the elegance of studio interiors — like atrium ceilings, vertical glazed tilt doors, and polished flooring — but the high-quality finishes and technology are about as fresh as the paint on the walls. An electronic keyless locking mechanism at the front entrances keeps things secure, whilst the glass bi-fold doors and front-facing glass windows offer views over neighbouring wetlands. Nestled amongst Bayside’s best arterials, retail, and other bustling commercial estates, this office and warehouse hybrid embodies the meaning of cutting edge.

- 154 sqm* total building area.
- 101 sqm* of warehouse and 53 sqm* of first-floor office.
- Vertical glazed tilt doors and polished flooring.
- Exceptional fixtures and fittings.
- Electronic keyless locking mechanism at front entrances.
- 8 m* high rear atrium storage areas.
- 3.9 m* ground floor clearance to underside of office mezzanine.
- 2 allocated car spaces.
- Open driveway vista that showcases neighbouring wetlands.

POINT OF VIEW:

We’re not in Paris, but we can spot a performance worthy of a 10. And with only ten of these hybrids built here, move into the estate that celebrates quality over quantity.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: October 2024.
  • Condition: Highly Specified.
  • Air Conditioning: Yes - in office area.
  • Floors: Concrete and carpet.
  • Lifts: N/A
  • Height: 8 metres*.
  • Age: 1.5 years.
  • Car Parking Fees: N/A.
Outgoings
  • Water Rates: $1,100 p.a.*
  • Land Tax: TBA (if applicable).
  • Council Rates: $2,000 p.a.*
  • Owners Corp. / Insurance: $4,000 p.a.*
Cheltenham Suburb Profile

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

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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