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134-136 Argus St 2,131 SF Industrial Condo Unit in Cheltenham, VIC 3192

Investment Highlights
- Modern interiors feature kitchenette, bathroom, and shower facilities.
- Flexible Industrial 1 Zoning (IN1Z) supporting broad business uses (STCA).
- Positioned in a tightly held Bayside location with direct access to major arterials.
Executive Summary
134–136 Argus Street comprises a contemporary commercial complex designed to accommodate a range of businesses requiring adaptable spaces. The development includes multi-level, strata-titled units with modern amenities, security access, and allocated parking, creating an ideal environment for office, creative, and light industrial operators. The precinct benefits from Industrial 1 Zoning, supporting flexible uses (STCA), and is positioned moments from Nepean Highway, Warrigal Road, and key transport links that connect Melbourne’s bayside and southeastern corridors. Surrounding the property is a vibrant blend of retail and amenity, with Westfield Southland and DFO Moorabbin located within a short drive. This strategic location within the highly sought-after Bayside market ensures excellent accessibility, lifestyle appeal, and enduring demand for quality commercial space.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 5\PS922678 |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 5\PS922678 |
Includes kitchenette, bathroom with shower facility, and two allocated car spaces.
Located in a prime Cheltenham position with excellent access to major arterials and leading retail hubs.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 5 | 2,131 SF | Industrial | Upon Request | - |
Unit 5
| Unit Size |
| 2,131 SF |
| Condo Use |
| Industrial |
| Price |
| Upon Request |
| NOI |
| - |
Unit 5
| Unit Size | 2,131 SF |
| Condo Use | Industrial |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 5\PS922678 |
| Description | |
| Unit 5 offers approximately 198 sqm of modern and versatile commercial space within a secure, gated complex in Cheltenham’s established industrial precinct. Spread across multiple levels, the unit includes premium features such as a private kitchenette, bathroom, and on-site shower, providing convenience for staff and visitors. Two dedicated car spaces add further functionality, while the layout ensures suitability for a wide range of business uses under Industrial 1 Zoning (IN1Z). Enhanced with a contemporary finish and abundant natural light, this property offers immediate operational readiness with the flexibility for customization based on specific business needs.</li></ul> | |
| Sale Notes | |
| Secure high-quality commercial unit of approximately 198 sqm within a gated complex featuring modern amenities.<br> Includes kitchenette, bathroom with shower facility, and two allocated car spaces.<br> Located in a prime Cheltenham position with excellent access to major arterials and leading retail hubs.</li></ul> |
Property Facts
| Total Building Size | 16,264 SF | Floors | 3 |
| Property Type | Industrial (Condo) | Typical Floor Size | 5,425 SF |
| Property Subtype | Warehouse | Lot Size | 0.45 AC |
| Building Class | C |
| Total Building Size | 16,264 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | C |
| Floors | 3 |
| Typical Floor Size | 5,425 SF |
| Lot Size | 0.45 AC |
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134-136 Argus St
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