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142 Herald St 12,163 SF 91% Leased Industrial Building Cheltenham, VIC 3192 For Sale



Investment Highlights
- Modern industrial complex situated in a well-connected and sought-after location.
- Secure, fully fenced site with ample on-site parking for staff and visitors.
- Multiple access points and wide driveways designed to accommodate efficient traffic flow for vehicles and deliveries.
Executive Summary
This functional and affordable industrial unit presents an excellent opportunity for owner-occupiers seeking a secure, low-maintenance space for storage or workshop use. Offering a total building area of 106 m², the property includes essential amenities such as a kitchenette and a bathroom, providing convenience within a compact footprint. Roller door access supports easy loading, while a bonus mezzanine level adds valuable extra storage capacity.
The property’s layout makes it ideal for a range of personal or business purposes—from a dedicated hobby space or man cave to use as a small workshop or storage facility. Its minimal upkeep demands and practical inclusions ensure a straightforward ownership experience. The sale is being offered with vacant possession and is GST-free, providing additional appeal for buyers looking for cost-efficient acquisition.
Positioned within a tightly held industrial pocket in Cheltenham, this property benefits from proximity to major arterial roads, local businesses, and supporting service infrastructure. With limited comparable opportunities available in this desirable location, this unit is a rare chance to secure affordable industrial space in Melbourne’s sought-after Bayside region.
The property’s layout makes it ideal for a range of personal or business purposes—from a dedicated hobby space or man cave to use as a small workshop or storage facility. Its minimal upkeep demands and practical inclusions ensure a straightforward ownership experience. The sale is being offered with vacant possession and is GST-free, providing additional appeal for buyers looking for cost-efficient acquisition.
Positioned within a tightly held industrial pocket in Cheltenham, this property benefits from proximity to major arterial roads, local businesses, and supporting service infrastructure. With limited comparable opportunities available in this desirable location, this unit is a rare chance to secure affordable industrial space in Melbourne’s sought-after Bayside region.
Property Facts
| Sale Type | Investment or Owner User | Lot Size | 0.50 AC |
| Property Type | Industrial | Rentable Building Area | 12,163 SF |
| Property Subtype | Warehouse | No. Stories | 1 |
| Building Class | C |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.50 AC |
| Rentable Building Area | 12,163 SF |
| No. Stories | 1 |
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142 Herald St
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