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Nichols Crowder - Moorabbin

Unit 18A/354-358 Reserve Road Cheltenham, VIC 3192

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Unit 18A/354-358 Reserve Road,
Cheltenham, VIC 3192

Warehouse, Factory & Industrial • Offices
Added 7 days ago

Key property information

Land area

Floor area

Car spaces

Zoning

Tenure type

Private inspections

to arrange a private inspection.

Map of Unit 18A/354-358 Reserve Road

Directions
  • Train stations within 5 km of Unit 18A/354-358 Reserve Road, Cheltenham, VIC 3192Distance
    Southland Train Station858 m
    Highett Station1.2 km
    Cheltenham Station1.6 km
    Moorabbin Station2.7 km
    Sandringham Station3.2 km
    POWERED BY HERE ©
  • Bus stops within 5 km of Unit 18A/354-358 Reserve Road, Cheltenham, VIC 3192Distance
    Hamlet St/Bay Rd (Cheltenham)294 m
    Luxmoore St/Jack Rd (Cheltenham)307 m
    Reserve RdBay Rd Cheltenham307 m
    Stuart AveJack Rd333 m
    Chandros St/Bay Rd (Cheltenham)421 m
    POWERED BY HERE ©
POWERED BY HERE ©

Part Leased, Part Owner-Occupier Opportunity

  • PART LEASED/PART VACANT
  • LONG-TERM TENANT: MENTONE GRAMMAR
  • TWO-STOREY OFFICE/WAREHOUSE
A rare opportunity to secure a flexible 400sqm* two-storey office/warehouse with a long-term tenant in place and vacant space available for immediate occupation.

The property is part leased to Mentone Grammar, who have occupied the premises since 2009 and currently utilise the entire first floor and part of the ground floor, providing a stable income stream to assist with holding costs.

The balance of the ground floor is offered with vacant possession, ideal for owner-occupiers seeking storage, office or light industrial space.

With separate amenities on each level and four car spaces on title, this asset offers flexibility, security and long-term upside in a tightly held Cheltenham industrial precinct.

Key features include:

* Total building area: 400sqm*
* Ground floor vacant area: 130sqm* with own amenities
* Fully leased first floor offices: 200sqm* with separate access
* Part leased / part vacant – ideal for owner-occupiers or investors
* Long-term tenant: Mentone Grammar (in occupation since 2009)
* Potential to install roller door to ground floor (STCA)
* Each level includes bathroom and kitchenette facilities
* Four (4) car spaces on title
* Located within a well-established Cheltenham industrial precinct

For further details or to arrange an inspection please contact:

Matt Nichols 0418 186 4...
Cameron Williams 0412 366 5...

DISCLAIMER:

* All information and measurements are approximate and should not be relied upon as accurate. The stated net internal area of the premises is provided as an indicative estimate only and is not a substitute for carrying out precise measurements. Interested parties should refer to the Contract of Sale and/or Lease documentation for definitive details. All images are subject to copyright.

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Cheltenham, 3192 demographic data

The median household income for Cheltenham is $1,919, 1% higher than Greater Melbourne's household income of $1,901. Cheltenham has an older age profile compared to the rest of Greater Melbourne (median age 40 vs 37). Property ownership data shows 52% of property owners in Cheltenham have a mortgage.

23,992
Population
$1,919 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households

Nichols Crowder - Moorabbin

358 South Road
MOORABBIN, VIC 3189
Nichols Crowder - Moorabbin
Unit 18A/354-358 Reserve Road
Cheltenham, VIC 3192

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