Unit 3, 328 Reserve Road, Cheltenham, Vic 3192

Industrial/Warehouse
|Offices
IDR Rp13,876,820,773
AUD $1,080,000
Published on: 25 Mar 2026
Last updated on: 10 May 2026
Unit 3, 328 Reserve Road, Cheltenham, Vic 3192
Unit 3, 328 Reserve Road, Cheltenham, Vic 3192
Unit 3, 328 Reserve Road, Cheltenham, Vic 3192
+26
Unit 3, 328 Reserve Road, Cheltenham, Vic 3192
  • 26
Property ID: 505095484
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Key property information

Zoning
Commercial 2
Floor Area
209.00 m2
Tenure Type
tenanted

High Calibre Tenant, Boutique Two-level Office

Unit 3, 328 Reserve Road, Cheltenham, Vic 3192
Take a close look at this quality boutique commercial investment offering desirable
fundamentals.

Leased to ASX-listed mining group Kalamazoo Resources, the freshly renewed lease (7/3/26)
returns $62,700 + GST & outgoings, with a 2 x 2-year term and 4.5% annual reviews, delivering
secure and reliable income. The property features a modern, high-quality office fit-out, further
enhancing its appeal as a professional workspace. Additional investment highlights include:

. Non-retail lease with 100% of outgoings recoverable, including land tax
. 5 on-title car parks
· Set within a sought-after business park with an on-site café

Ideally positioned near Southland Shopping Centre, Sandbelt golf courses, and the lifestyle
attractions of Bayside Melbourne, the property offers excellent exposure and accessibility.

Don't miss this rare opportunity to own a stylish, income-producing asset.

Enquire at www.faceyproperty.com.au to make your next move.

Property Details

Basic Info

Property Type
Industrial/WarehouseOffices
Listing Status
On Market
Address
Unit 3, 328 Reserve Road, Cheltenham, Vic 3192
Matt O'Dea
Matt O'Dea
Adam Strachan
Adam Strachan
10A EJ Court, Dandenong South, Vic 3175
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Matt O'Dea
Matt O'Dea
Adam Strachan
Adam Strachan
10A EJ Court, Dandenong South, Vic 3175
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      Property ID: 505095484

      Original Property ID: 505095484
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