24, 132 Keys Road, Cheltenham, VIC 3192

Offices | Industrial | Showrooms

Leased $510,000

  • Property ID: 317825
  • Floor Area: 142m²
  • NBN Availability: Not Currently Available
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 24, 132 Keys Road, Cheltenham Leased 08/02/2019 142m2 N/A $505,000
Unit 24 - An innovative redefined workspace within Modus Business Estate – Cheltenham

CVA Property Consultants are pleased to present this
outstanding office & storage space for sale or lease with glass bi-fold
door system for larger deliveries.

Modus Business Estate offers a collection of stylish,
design-focused workspaces, crafted to cater to a multitude of corporate
purposes. Flexible floorplans and contemporary interiors redefine traditional
work spaces, creating instead solutions in which people can feel connected and
thrive, enriched and inspired by their surrounds. Crafted with function in
mind, Modus’ versatile spaces encourage productivity, without compromising on
style. Invite your clients to visit with the confidence of knowing your business
and its values are reflected in its presentation.

Based in one of Melbourne's most prized commercial
locations, Cheltenham, it is situated just 20 km from the CBD with excellent
connectivity to major arterials including Warrigal Road, Nepean Highway and
Dingley Bypass.

Property features:
- 142m2* (including first floor office space 56.1m2*)
- 3 allocated car spaces
- Boutique features including timber ceiling plates, black ceiling grids, ventilation, LED lighting and polished concrete floors
- Ducted heating/cooling
- High speed broadband & solar power to offset running costs
- Kitchenette and bathroom with shower
- On-site cafe in the estate
- Bi-fold door system that opens to allow for stock to move
through the property to storage component

For more information, please contact CVA Property Consultants
today.

*Approx
Pricing excludes GST.

Additional Information
Features
  • Availability: Immediate
  • Zoning: Industrial 1 (IN1Z)
  • Lease Term: Negotiable
  • Rent Review: Annually
  • Car Spaces: 3
  • Condition: Brand New
  • Air Conditioning: Yes, ducted
  • Roller Doors: Glass bifold door system
  • Floors: Concrete, Carpet
  • Lifts: N/A
  • Height: 6.5 metres approx.
  • Age: Brand New
  • Car Parking Fees: Nil.
Outgoings
  • Water Rates: $887 p.a approx.
  • Land Tax: $0
  • Council Rates: $1,737 p.a approx.
  • Owners Corp. / Insurance: $1,125 p.a approx.
Cheltenham Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $5576 $324 5.81%
Retail $5939 $333 5.60%
Industrial $5029 $166 3.30%
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 Offices 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:

  • 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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