37 Park Road, Cheltenham, VIC 3192

Industrial

For Sale Contact Agents

  • Property ID: 447376
  • Floor Area: 266m²
  • Land Area: 715m²
  • Occupancy: Vacant
BEYOND-PAR POTENTIAL

Zoned Commercial 2 on a tightly-held strip facing Victoria Golf Club, this multi-premises property adds up to Bayside's most flexible commercial opportunity. Comprising 3 separately-occupied warehouses, these high-profile premises represent a rare Bayside, Sandbelt commercial opportunity.

- Total floorspace of 266sqm* on 715sqm* land
**Premises 1: 100sqm*
- owner-occupied with potential for short-term rental
**Premises 2: 82sqm*
- owner-occupied with potential for short-term rental
**Premises 3: 84sqm*
- flexibly tenanted on overhold basis

- 2 crossovers with scope for semi-circle driveway access
- up to 4 car spaces on a front apron

- driveway to undercover storage or parking & 21sqm* rear shed
- 715sqm* land, wide 15.5m frontage
- good on-street angle parking opposite
- close to the borders of Beaumaris, Sandringham & Highett
- walk to Cheltenham’s new station & rejuvenated rail strip
- a minute to Southland & future SRL station
- easy access via Nepean Hwy, Warrigal Rd & Beach Rd

- 30 minutes to Dandenong

- 40 minutes to CBD
- 45 minutes to Frankston

The Purchase Arrangement
The property is offered for private sale with settlement terms at 30, 60 or 90 days by negotiation.

Fulfil the beyond-par potential of these rare Bayside, Sandbelt premises.


*NB All prices exclude GST unless otherwise stated and all sizes are approximate.

"A vision for tomorrow requires a strategy today. Dive into the future with DBRE."

The core focus of DBRE is industrial, commercial and retail property.

Between us we offer over 85 years’ experience in the commercial and industrial property markets with intricate knowledge of Melbourne's southeast corridor.

Cheltenham Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $5279 $188 3.56%
Retail $5926 $333 5.61%
Offices $5541 $317 5.72%
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:

  • 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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