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Investment Highlights

  • Positioned in a premium landscaped business estate
  • Close to retail, hospitality & SRL station precinct
  • Easy connectivity to Nepean Hwy and Bay Rd
  • High-grade finishes and flexible fitout design

Executive Summary

Unit 4 is a contemporary office environment designed to support dynamic business operations with an emphasis on flexibility, efficiency, and client-facing impact. Totaling 204 m², the configuration incorporates a high-quality fitout comprising a large boardroom, enclosed private offices, and spacious open-plan zones suitable for collaborative work. Enhanced by floor-to-ceiling windows on both levels, the interiors enjoy exceptional natural light throughout. Additional comfort is delivered via ducted and individual air-conditioning systems, complemented by a quality kitchenette and modern amenities. Positioned within an evolving precinct known for its vibrant blend of commerce, hospitality, and lifestyle offerings, this property offers strong long-term functionality and occupier appeal.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 4
  • 2,195 SF
  • Office
  • Upon Request
  • -
Sale Type Investment or Owner User
Description
Thoughtfully planned to optimize usability, the space transitions from a dedicated ground-floor meeting room to upper-level offices supported by versatile open areas. The property suits businesses seeking a combination of private client spaces and team-centric layouts, reinforced by high-grade services and professional finishes.
Sale Notes
Combine exceptional design with one of Bayside Melbourne’s most prestigious commercial addresses. Unit 4, 328 Reserve Road, offers a premium office solution across two levels featuring elegant glass-fronted partitioning, expansive light-filled interiors, and a strategic Bayside location moments from major arterials and local amenities. Housed within a corporate-grade estate complete with on-site café and abundant parking, this property provides immediate operational readiness for owner-occupiers or a flexible holding proposition for investors. Currently leased on a monthly basis, the property ensures income security while allowing occupation on demand—delivering the ideal balance of investment stability and occupier flexibility.
Unit Unit Size Condo Use Price NOI
Unit 4 2,195 SF Office Upon Request -

Unit 4

Unit Size
2,195 SF
Condo Use
Office
Price
Upon Request
NOI
-

Unit 4

Unit Size 2,195 SF
Condo Use Office
Price Upon Request
NOI -
Sale Type Investment or Owner User
Description
Thoughtfully planned to optimize usability, the space transitions from a dedicated ground-floor meeting room to upper-level offices supported by versatile open areas. The property suits businesses seeking a combination of private client spaces and team-centric layouts, reinforced by high-grade services and professional finishes.</li></ul>
Sale Notes
Combine exceptional design with one of Bayside Melbourne’s most prestigious commercial addresses. Unit 4, 328 Reserve Road, offers a premium office solution across two levels featuring elegant glass-fronted partitioning, expansive light-filled interiors, and a strategic Bayside location moments from major arterials and local amenities. Housed within a corporate-grade estate complete with on-site caf&#233; and abundant parking, this property provides immediate operational readiness for owner-occupiers or a flexible holding proposition for investors. Currently leased on a monthly basis, the property ensures income security while allowing occupation on demand—delivering the ideal balance of investment stability and occupier flexibility.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 26,781 SF
Property Type Office (Condo)
Building Class C
Floors 2
Typical Floor Size 13,390 SF
Lot Size 2.72 AC

Amenities

  • Signage
  • Listing ID: 40357891

  • Date on Market: 2026-05-01

  • Last Updated:

  • Address: 328 Reserve Rd, Cheltenham, VIC 3192

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