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75 Tulip St 527 SF Office Condo Unit Offered at $234,400 CAD in Cheltenham, VIC 3192

Investment Highlights
- Features a new ceiling cassette air-conditioning system for comfort.
- Located in the Bayside Business District with proximity to major roads and local amenities.
- Includes two secure basement car parks and access to shared boardroom facilities.
Executive Summary
The property at 75 Tulip Street, Cheltenham, is a commercial office complex known as Tulip Green Business Park. The site comprises multiple office suites and includes shared amenities such as a boardroom, kitchenette, and male and female bathrooms. The complex provides basement car parking, visitor parking, and disability access. It is zoned Commercial 2 (C2Z) and is located within an established commercial precinct with connectivity to major arterial roads and access to public transport and local services.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 2 |
| Sale Type | Investment |
| No. Parking Spaces | 2 |
Description
Factory 108 at 75 Tulip Street, Cheltenham, is an office condominium of approximately 49 m². The suite includes open-plan office space with natural light and a ceiling cassette air-conditioning system. The building provides a corporate foyer with lift access, shared kitchenette and amenities, a landscaped courtyard, and shared boardroom facilities. Two basement car parks are included with the property.
Sale Notes
This modern office suite offers an affordable entry point for investors or owner-occupiers seeking a well-located property in the Bayside Business District. Recently repriced to $238,500, the property comes with a new lease in place, delivering a strong return for investors.
The office spans approximately 49 m² and benefits from excellent natural light and a newly installed ceiling cassette air-conditioning system for year-round comfort. The building features a corporate-style foyer with lift access, shared kitchenette and amenities, and access to a landscaped courtyard. Two secure basement car parks are included, along with access to shared boardroom facilities, enhancing convenience for both staff and clients.
Positioned in a thriving commercial hub, the property is surrounded by established businesses and offers easy access to major arterial roads, public transport, and local amenities. This is an ideal opportunity for those looking to secure a low-maintenance investment or a functional office space in a sought-after location.
The office spans approximately 49 m² and benefits from excellent natural light and a newly installed ceiling cassette air-conditioning system for year-round comfort. The building features a corporate-style foyer with lift access, shared kitchenette and amenities, and access to a landscaped courtyard. Two secure basement car parks are included, along with access to shared boardroom facilities, enhancing convenience for both staff and clients.
Positioned in a thriving commercial hub, the property is surrounded by established businesses and offers easy access to major arterial roads, public transport, and local amenities. This is an ideal opportunity for those looking to secure a low-maintenance investment or a functional office space in a sought-after location.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 108 | 527 SF | Office | $234,400 CAD ($444.78 CAD/SF) | - |
Unit 108
| Unit Size |
| 527 SF |
| Condo Use |
| Office |
| Price |
| $234,400 CAD ($444.78 CAD/SF) |
| NOI |
| - |
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Unit 108
| Unit Size | 527 SF |
| Condo Use | Office |
| Price | $234,400 CAD ($444.78 CAD/SF) |
| NOI | - |
| Sale Type | Investment |
| No. Parking Spaces | 2 |
| Description | |
| Factory 108 at 75 Tulip Street, Cheltenham, is an office condominium of approximately 49 m². The suite includes open-plan office space with natural light and a ceiling cassette air-conditioning system. The building provides a corporate foyer with lift access, shared kitchenette and amenities, a landscaped courtyard, and shared boardroom facilities. Two basement car parks are included with the property.</li></ul> | |
| Sale Notes | |
| This modern office suite offers an affordable entry point for investors or owner-occupiers seeking a well-located property in the Bayside Business District. Recently repriced to $238,500, the property comes with a new lease in place, delivering a strong return for investors.<br> <br> The office spans approximately 49 m² and benefits from excellent natural light and a newly installed ceiling cassette air-conditioning system for year-round comfort. The building features a corporate-style foyer with lift access, shared kitchenette and amenities, and access to a landscaped courtyard. Two secure basement car parks are included, along with access to shared boardroom facilities, enhancing convenience for both staff and clients.<br> <br> Positioned in a thriving commercial hub, the property is surrounded by established businesses and offers easy access to major arterial roads, public transport, and local amenities. This is an ideal opportunity for those looking to secure a low-maintenance investment or a functional office space in a sought-after location.</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 | 27,599 SF | Typical Floor Size | 7,061 SF |
| Property Type | Office (Condo) | Lot Size | 0.40 AC |
| Building Class | C | Parking Ratio | 0.58/1,000 SF |
| Floors | 4 |
| Total Building Size | 27,599 SF |
| Property Type | Office (Condo) |
| Building Class | C |
| Floors | 4 |
| Typical Floor Size | 7,061 SF |
| Lot Size | 0.40 AC |
| Parking Ratio | 0.58/1,000 SF |
Amenities
- Conferencing Facility
- Courtyard
- Direct Elevator Exposure
- Natural Light
- Air Conditioning
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1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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75 Tulip St
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