4, 37-39 Station Road, Cheltenham, VIC 3192

Retail | Offices | Showrooms


  • Property ID: 395510
  • Floor Area: 47m²
  • Land Area: 47m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Budget Commercial Investment

Tsimos Commercial is offering this budget Commercial investment for sale. Pefect to get started or for the Self Managed Super Fund

Located within the Quest Apartment development and just a few minuets walk from the newly constructed Cheltenham Train Station.

Lease terms:
Balance of a 3 year lease with two further terms of 3 years each
Rental $22,284 per annum plus GST plus Outgoings
Fixed 3% annual increases
Leased to local and established hairdresser

Property features:
- Contemporary and light filled commercial space
- Ground floor with prominent street frontage
- Building area 47m2* plus one car space on title
- Easy walking distance to Cheltenham Train Station
- Vibrant and busy location among many established and complementing businesses

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 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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