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37-39 Station Rd - Quest Cheltenham 1,722 SF Office/Medical Condo Unit in Melbourne, VIC 3192


Investment Highlights
- The complex consists of a multi-unit commercial development with a mix of retail, medical, and professional spaces.
- The site is located within a designated Activity Centre Zone and benefits from convenient access to nearby transport services and local amenities.
- It features shared access ways and common property areas within a strata-titled structure.
Executive Summary
The property comprises a multi-unit commercial development located at 37-39 Station Road in Cheltenham, Victoria. The complex accommodates a range of retail, medical, and professional occupiers within a strata-titled structure. It incorporates multiple tenancies arranged across a modern, low-rise building with shared access ways and common property facilities. External features include designated on-site parking areas and secure storage provisions for select lots. Positioned within Cheltenham’s Activity Centre, the development is situated close to the railway station, bus links, and surrounding retail and hospitality amenities, ensuring accessibility for both occupants and visitors.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | No. Parking Spaces | 4 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 4 |
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 5 | 1,722 SF | Office/Medical | Upon Request | - |
Unit 5
| Unit Size |
| 1,722 SF |
| Condo Use |
| Office/Medical |
| Price |
| Upon Request |
| NOI |
| - |
Unit 5
| Unit Size | 1,722 SF |
| Condo Use | Office/Medical |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 4 |
| Description | |
| The property forms part of a strata-titled development comprising multiple commercial units. It is situated within a building that accommodates various professional and business occupiers. Common property areas include the main building entry, shared access corridors, and essential services areas. Ownership includes exclusive use of the designated lot together with any associated entitlements defined under the body corporate arrangements. Maintenance and management of shared facilities are administered by the owners corporation in accordance with applicable statutory requirements.</li></ul> | |
| Sale Notes | |
| This property provides a fully fitted medical and consulting suite located in a key commercial precinct of Cheltenham. It has been designed with multiple partitioned rooms featuring plumbing infrastructure, allowing for immediate use by health-related practitioners or similar professional users. Internal amenities such as a shower and bath, in addition to a private balcony, contribute to a functional layout. Off-street car parking and an additional storage area further support convenience for occupants. Positioned within an Activity Centre Zone and close to transport and services, this asset offers strong positioning in a well-established area.</li></ul> |
Property Facts
| Total Building Size | 53,658 SF | Floors | 5 |
| Property Type | Hospitality (Condo) | Typical Floor Size | 10,732 SF |
| Property Subtype | Serviced Apartment | Year Built | 2011 |
| Building Class | B | Lot Size | 0.28 AC |
| Total Building Size | 53,658 SF |
| Property Type | Hospitality (Condo) |
| Property Subtype | Serviced Apartment |
| Building Class | B |
| Floors | 5 |
| Typical Floor Size | 10,732 SF |
| Year Built | 2011 |
| Lot Size | 0.28 AC |
Amenities
- Balcony
- Fitness Center
- Restaurant
- Shuttle Service
- High Speed Internet Access
- Barber/Hair Salon/Beauty Shop
- Meeting Event Space
- Public Access Wifi
- Fully-Equipped Kitchen
- Multi-Room Suites
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 55 | $300.74 CAD | - |
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37-39 Station Rd - Quest Cheltenham
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