9, 328 Reserve Road, Cheltenham, VIC 3192

Industrial | Offices

Leased

  • Property ID: 398090
  • Floor Area: 154m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 9 Leased N/A 154m2 N/A Contact Agent
THE BEACH SIDE OF NEPEAN HIGHWAY.

POINT OF INTEREST:

A prime location within the Hallmarc Business Park, 9/328 Reserve is as flexible as it is suitable, with glass partitioning and built-in desks, plenty of natural light, ducted air-conditioning and soon to be upgraded to recessed LED lighting. More than just an office, the workspace can also be utilised as a showroom or as a versatile storage unit space — the favourable commercial 2 zoning allowing for just that. The position is very desirable, and the availability of units like this, in this location, is scarce. Read: their value is high and time on-market is low. Just 1.8 km* from the Nepean Highway (on the beach side) and 1.5 km* from Southland railway station, the commute to work is easy for those who prefer not to stray too far from the bayside bubble.

- 154 sqm* building area.
- Glass partitioned offices with built-in desks.
- Lighting to be upgraded to new recessed LED's.
- Commercial 2 zoning.
- Three car parks on-site.
- Glass tilt panel door.
- Centrally controlled ducted air-conditioning.
- Onyx Cafe On-Site.
- 1.8 km* to Nepean Highway.
- 1.5 km* to Southland railway station.

POINT OF VIEW:

The address says Cheltenham, but on this side of the Nepean, you may as well be in Sandringham or Beaumaris — and those in the know, know exactly why it’s worth it.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Now.
  • Car Spaces: 3 Allocated car spaces.
  • Condition: Excellent.
  • Air Conditioning: Yes - throughout.
  • Floors: Concrete and carpet.
  • Height: Approx. 6-7m at rear.
  • Car Parking Fees: Nil.
Outgoings
  • Water Rates: $800 p.a.*
  • Land Tax: TBC
  • Council Rates: $1,484 p.a.*
  • Owners Corp. / Insurance: $2,500 p.a.*
  • Other Charges: A/C servicing & maintenance budget.
Cheltenham Suburb Profile

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

  • 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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