25 Station Road, Cheltenham, VIC 3192

Retail | Offices | Development/Land

Sold $1,000,000

  • Property ID: 343363
  • Floor Area: 349m²
  • Land Area: 241m²
  • NBN Availability: Build Commenced
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 349m2 241m2 N/A
MORTGAGEE PRIVATE SALE - BRILLIANT RETAIL INVESTMENT

Tsimos Commercial in conjunction with Corser Property are delighted to offer this outstanding retail property for Private Sale.

An outstanding opportunity to secure a unique retail property in the heart of Cheltenham's Activity Centre Zone.

Station Road is primed for future development. An opportunity to purchase now and reap the rewards later.

Property Features:
- Securely leased to a National tenant - Cellarbrations Liquor Stores
- Land Approx 241 sqm
- Building Approx 349 sqm (Combined over two Levels)
- Current Rental $48,950pa Net
- 5 Year term Commenced 1st April 2017
- 2 Further 5 year Options
- Future development Opportunity (STPA)
- Two Street Frontages (Rear access via Public Car Park)
- Activity Centre Zone


For more information, please contact one of the agents below.

Tsimos Commercial - Matt Brown 0418 599 486
Corser Property - Bernard Corser 0407 300 678

Cheltenham Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $5030 $182 3.62%
Offices $5588 $323 5.77%
Retail $5871 $333 5.66%
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:

  • 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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