16, 9 Melaleuca Drive, Cheltenham, VIC 3192

Industrial | Offices | Retail

Sold $435,000

  • Property ID: 440789
  • Floor Area: 93m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 13/02/2024 93m2 N/A $440,000
BAYSIDE MAN CAVE

Perfectly positioned off Reserve & Bay Rd's this highly secure warehouse / office is an incredible opportunity for owner occupiers and investors to acquire a rare and affordable property.
This boutique development consists of 16 warehouses located behind a remote-controlled main roller door.
Unit 16 is immaculate and will appeal to the many buyers
The building area is approximately 93sqm over 2 levels.
The ground floor warehouse area is 55sqm* has roller door access and includes an office and the amenities.
The hoist which will facilitate the storage of 2 vehicles and all the additional items including the TV and a projector screen are included.
The first floor is 38sqm* and comprises an open plan mezzanine that could be fitted out as a recreation area.
This is a must see for all buyers looking for a sub $500,000 warehouse in a prime bayside location.

All Inquiries Contact John Black - 0419341986
Matt Brown - 0418599486


* Approx.

Cheltenham Suburb Profile

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

  • 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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