49, 148 Chesterville Road, Cheltenham, VIC 3192


For Sale $935,000

  • Property ID: 391903
  • Floor Area: 232m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the curb (FTTC)

DBRE are pleased to offer this quality investment that will sit very nicely in your property portfolio. Securely leased to an excellent tenant paying all outgoings.
Situated in a very popular and well maintained industrial estate.

Property features:

Total Building area: 232sqm.*
Ground & 1st floor office area: 100sqm.*
7m high clearance warehouse
Motorised container height roller door
Four (4) car spaces

Tenancy Details:

Lease Term: Four (4) years
Current Rental: $33,650 plus GST
Comm. date: 1st February 2020
Outgoings: tenant pays all outgoings
Reviews: Annually at 2.75%
Further terms: One further term of Four (4) years.

The property is located very close to Westfields Southland Shopping Centre and adjacent the Waves Leisure Centre.

For further details and inspections please contact the exclusive agents.

NB: All areas quoted are approximate and all prices quoted are exclusive of GST.

Cheltenham Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $7093 $202 2.85%
Industrial $5880 $147 2.50%
Offices $5317 $226 4.24%
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:

  • 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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