39 Ambrose Avenue, Cheltenham, VIC 3192

Industrial

Leased

  • Property ID: 434009
  • Floor Area: 197m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Leased 05/09/2023 197m2 N/A Contact Agent
BOUTIQUE AND BRAND NEW: BELROSE BECKONS.

POINT OF INTEREST:

Belrose is the commercial development that Bayside has been watching, and now, the build is complete and the prime tenancy has hit the market. The 1950's red brick factory on Ambrose Avenue has been reinvented by DKO Architecture in consultation with industrial specialists SDA. The space is a 197 sqm* office and warehouse hybrid with direct street access via the roller door and 2 allocated car spaces, but the precinct’s amenities and inclusions is where the hype comes from. An on-site cafe supplies the caffeine, greenery envelops the urban design, and the whole building has an emphasis on sustainability with solar-powered common areas and water-conscious practices. The level of quality and modern detail will attract plenty more than the local e-commerce business or small-business player, and the location boasts amenities and attractions most Melburnians can recognise. Southland (and the railway station) is less than a kilometre away, which means so is the Nepean Highway, getting you into the CBD in 40 minutes.

- 197 sqm* building area.
- 32 sqm* of air conditioned first floor office.
- Commercial 2 zoning.
- Architecturally designed by DKO Architecture.
- On-site cafe and solar-powered communal spaces.
- 2 car spaces allocated on-site.
- Direct street access via a roller door.
- 850 m* to Southland.
- 1 km* to the Nepean Highway.
- 950 m* to Southland railway station.

POINT OF VIEW:

A commercial offering with the chops to have collateral as premium as the asset itself. Bayside’s best needs its first tenant, stake your claim before the prices only get higher around here.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Now.
  • Car Spaces: 2 allocated car spaces.
  • Condition: Excellent.
  • Air Conditioning: Yes - in office.
  • Floors: Concrete and carpet.
  • Height: 8+ metres*
  • Age: Brand new.
  • Car Parking Fees: N/A.
Outgoings
  • Water Rates: $750 p.a.*
  • Land Tax: TBC.
  • Council Rates: $2,210.44 p.a.*
  • Owners Corp. / Insurance: $2,945.48 p.a.*
  • Other Charges: A/C servicing TBC.
Cheltenham Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $5980 $345 5.78%
Offices $5582 $330 5.92%
Industrial $5091 $176 3.46%
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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