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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
  • Unit 5
  • 1,722 SF
  • Office/Medical
  • Upon Request
  • -
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.
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.
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

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 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 -
  • Listing ID: 40448893

  • Date on Market: 2026-05-08

  • Last Updated:

  • Address: 37-39 Station Rd, Melbourne, VIC 3192

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