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138-140 Argus St Unité de condo • Flex • 1 883 pi² • Cheltenham, VIC 3192
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Faits saillants de l'investissement
- Architecturally designed industrial estate with a modern, corporate-style presentation.
- Close proximity to key commercial hubs, retail amenities, and transport networks.
- High-quality finishes and contemporary design appeal suitable for long-term value.
- Prominent Bayside location offering excellent connectivity to major arterial roads.
- Secure, well-maintained complex featuring private driveways and dedicated parking.
Résumé de l'annonce
138–140 Argus Street, Cheltenham, forms part of a modern industrial estate within the highly sought-after Bayside precinct. The development combines architectural design with functional versatility, offering a premium standard of finishes rarely seen in traditional warehouse projects. Featuring contemporary facades, glass-fronted profiles, and secure access, the complex provides an attractive environment for businesses operating across diverse sectors. Positioned with direct street access and excellent connectivity to major arterials, the estate benefits from its proximity to key transport routes, retail amenity, and established commercial infrastructure within the Bayside region, making it a prime location.
1 Unité disponible
- Unité
- Taille de l’unité
- Utilisation du condo
- Prix
- Revenu net d’exploitation
| Type de vente | Investissement | ID/Numéro de lot | 1\PS844086 |
| Nbre d’espaces de stationnement | 2 |
| Type de vente | Investissement |
| Nbre d’espaces de stationnement | 2 |
| ID/Numéro de lot | 1\PS844086 |
Description
Unit 1 at 138–140 Argus Street, Cheltenham, comprises a total building area of approximately 175 sqm*, including a 72 sqm* first-floor office and 103 sqm* of ground floor showroom/warehouse space. The property features container-height roller door access directly from Argus Street, 8 m* high rear atrium storage areas, and a 3.9 m* ground floor clearance to the underside of the office mezzanine. Additional inclusions are two on-title car spaces, a private driveway, and modern security features such as an electronic keyless locking mechanism.
Notes sur la vente
Unit 1 at 138–140 Argus Street, Cheltenham, offers an outstanding investment opportunity in a tightly held Bayside industrial location. The property comprises a total building area of approximately 175 sqm*, incorporating 72 sqm* of first-floor office and 103 sqm* of ground-floor showroom and warehouse space, creating a functional hybrid workspace designed for modern business requirements.
The asset is currently leased to 3.14 Degree Pty Ltd on a secure 3-year term expiring in February 2027, with a further 3-year option and annual 4% rental increases, providing an annual income of $42,182 (as of February 2026). Key features include an 8 m* rear atrium for additional storage capacity, a 3.9 m* clearance to the underside of the office mezzanine, and direct container-height roller door access from Argus Street.
Further enhancing the property are two on-title car spaces, a private driveway, and an electronic keyless entry system, complemented by high-quality finishes and architectural attention to detail. Positioned within the sought-after Bayside precinct, this is an excellent opportunity for investors seeking a well-leased, modern office/warehouse asset benefiting from strong fundamentals and long-term rental growth.
The asset is currently leased to 3.14 Degree Pty Ltd on a secure 3-year term expiring in February 2027, with a further 3-year option and annual 4% rental increases, providing an annual income of $42,182 (as of February 2026). Key features include an 8 m* rear atrium for additional storage capacity, a 3.9 m* clearance to the underside of the office mezzanine, and direct container-height roller door access from Argus Street.
Further enhancing the property are two on-title car spaces, a private driveway, and an electronic keyless entry system, complemented by high-quality finishes and architectural attention to detail. Positioned within the sought-after Bayside precinct, this is an excellent opportunity for investors seeking a well-leased, modern office/warehouse asset benefiting from strong fundamentals and long-term rental growth.
| Unité | Taille de l’unité | Utilisation du condo | Prix | Revenu net d’exploitation |
| Unité 1 | 1 883 pi² | Flex | Sur demande | - |
Unité 1
| Taille de l’unité |
| 1 883 pi² |
| Utilisation du condo |
| Flex |
| Prix |
| Sur demande |
| Revenu net d’exploitation |
| - |
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Unité 1
| Taille de l’unité | 1 883 pi² |
| Utilisation du condo | Flex |
| Prix | Sur demande |
| Revenu net d’exploitation | - |
| Type de vente | Investissement |
| Nbre d’espaces de stationnement | 2 |
| ID/Numéro de lot | 1\PS844086 |
| Description | |
| Unit 1 at 138–140 Argus Street, Cheltenham, comprises a total building area of approximately 175 sqm*, including a 72 sqm* first-floor office and 103 sqm* of ground floor showroom/warehouse space. The property features container-height roller door access directly from Argus Street, 8 m* high rear atrium storage areas, and a 3.9 m* ground floor clearance to the underside of the office mezzanine. Additional inclusions are two on-title car spaces, a private driveway, and modern security features such as an electronic keyless locking mechanism.</li></ul> | |
| Notes sur la vente | |
| Unit 1 at 138–140 Argus Street, Cheltenham, offers an outstanding investment opportunity in a tightly held Bayside industrial location. The property comprises a total building area of approximately 175 sqm*, incorporating 72 sqm* of first-floor office and 103 sqm* of ground-floor showroom and warehouse space, creating a functional hybrid workspace designed for modern business requirements.<br> The asset is currently leased to 3.14 Degree Pty Ltd on a secure 3-year term expiring in February 2027, with a further 3-year option and annual 4% rental increases, providing an annual income of $42,182 (as of February 2026). Key features include an 8 m* rear atrium for additional storage capacity, a 3.9 m* clearance to the underside of the office mezzanine, and direct container-height roller door access from Argus Street.<br> Further enhancing the property are two on-title car spaces, a private driveway, and an electronic keyless entry system, complemented by high-quality finishes and architectural attention to detail. Positioned within the sought-after Bayside precinct, this is an excellent opportunity for investors seeking a well-leased, modern office/warehouse asset benefiting from strong fundamentals and long-term rental growth.</li></ul> |
Faits sur la propriété
Les caractéristiques et les équipements suivants s'appliquent à l'ensemble du bâtiment. Les détails relatifs aux unités de copropriété individuelles peuvent varier et figurent dans les informations concernant les unités ci-dessus.
| Taille totale du bâtiment | 8 439 pi² | Planchers | 1 |
| Type de propriété | Industriel (Condo) | Superficie de plancher typique | 8 439 pi² |
| Sous-type de propriété | Entrepôt | Taille du lot | 0,47 AC |
| Classe d’immeuble | B |
| Taille totale du bâtiment | 8 439 pi² |
| Type de propriété | Industriel (Condo) |
| Sous-type de propriété | Entrepôt |
| Classe d’immeuble | B |
| Planchers | 1 |
| Superficie de plancher typique | 8 439 pi² |
| Taille du lot | 0,47 AC |
Commodités
- Affichage
- Stores automatiques
- Espace d'entreposage
1 1
1 de 2
Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
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138-140 Argus St
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