3/138-140 Argus Street, Cheltenham, Vic 3192

parkingSpaces 2
|Industrial/Warehouse
|Offices
|Retail
NZD $921,399
AUD $750,000
Published on: 14 Aug 2026
Last updated on: 09 Nov 2026
3/138-140 Argus Street, Cheltenham, Vic 3192
3/138-140 Argus Street, Cheltenham, Vic 3192
3/138-140 Argus Street, Cheltenham, Vic 3192
+21
3/138-140 Argus Street, Cheltenham, Vic 3192
  • 21
  • 1
Property ID: 505208668
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Key property information

Parking Comments
2 Car Parks plus off street parking
Zoning
Industrial 1 Zone (IN1Z)
Floor Area
160.00 m2
Parking Spaces
2
Tenure Type
vacant

IMMACULATE WAREHOUSE/OFFICE – A FANTASTIC OFFICE/WAREHOUSE OPPORTUNITY!

3/138-140 Argus Street, Cheltenham, Vic 3192
Positioned within a modern and tightly held industrial development, 3/138-140 Argus Street, Cheltenham presents an exceptional opportunity for both investors and owner-occupiers seeking a quality commercial asset in one of Cheltenham's most established industrial precincts.

Immaculately presented throughout, this impressive office/warehouse offers a highly functional and versatile layout with a total building area of approximately 160m², comprising approximately 105m² of ground-floor warehouse/workspace and 56m² of first-floor office accommodation**.

The practical design creates excellent separation between warehouse operations and office administration, making it an ideal choice for businesses requiring functional warehouse space while maintaining a professional office environment.

Whether you're looking to expand your investment portfolio, relocate your business or secure your own commercial premises, this is an opportunity well worth considering!

PROPERTY HIGHLIGHTS

- Approximately 160m² total building area
- Approximately 105m² ground-floor warehouse/workspace
- Approximately 56m² first-floor office accommodation
- Immaculately presented and exceptionally well maintained
- Excellent combination of warehouse and office space
- Functional and flexible layout suited to a variety of business uses (STCA)
- Modern industrial development within an established commercial precinct
- Spacious first-floor office with split-system air conditioning
- Ground-floor kitchenette and bathroom facilities
- Two allocated car spaces as indicated on the floorplan (subject to title verification)
- Ideal for both owner-occupiers and investors
- Existing tenant currently occupying on a month-to-month basis
- Comparable rental evidence indicates approximately $30,000–$35,000 per annum + GST + outgoings*
- Opportunity to purchase as an investment with future flexibility to occupy
- Convenient access to major arterial roads and surrounding south-eastern suburbs
- Excellent opportunity to secure a quality commercial property in Cheltenham

What makes this property particularly appealing is the flexibility it offers to a broad range of buyers.

FOR INVESTORS.

The property is currently occupied by an existing tenant on a month-to-month arrangement, providing an opportunity to secure an income-producing commercial asset with attractive rental potential.

With comparable properties in the surrounding market indicating rental levels of approximately $30,000 to $35,000 per annum plus GST and outgoings, this property presents a compelling opportunity for investors looking to establish or expand their commercial property portfolio.*

FOR OWNER-OCCUPIERS:

If you've been considering purchasing your own business premises rather than continuing to rent, this property could be the ideal solution.

The existing month-to-month tenancy provides potential flexibility for future occupation, subject to the applicable notice requirements and tenancy arrangements.

With a practical warehouse downstairs and a generous office upstairs, the property provides an excellent foundation for businesses wanting to operate under one roof.

A PROPERTY YOU'LL BE PROUD TO OWN!

Not all industrial properties offer this combination of presentation, functionality and flexibility.

From the moment you step inside, you'll appreciate how well this property has been maintained.

The ground-floor warehouse provides practical workspace and storage opportunities, while the substantial upstairs office delivers a comfortable and professional environment for administration, meetings or day-to-day business operations.

It's a property that not only works from a practical perspective but also creates the professional image many businesses want to present to their clients.

LOCATION, CONVENIENCE & LONG-TERM APPEAL

Positioned within Cheltenham's established commercial and industrial precinct, the property enjoys convenient access to surrounding businesses, major arterial roads and Melbourne's south-eastern suburbs.

Cheltenham continues to be an appealing location for businesses seeking a balance of accessibility, convenience and an established commercial environment.

Whether you're an investor looking for your next commercial acquisition, a business owner planning for the future or simply seeking a quality property in an established industrial location, **3/138-140 Argus Street, Cheltenham** deserves your attention.

DON'T MISS THIS OPPORTUNITY!

Invest today, occupy tomorrow – or secure a quality commercial property for your future!

Opportunities to purchase a well-presented and versatile office/warehouse in an established Cheltenham industrial precinct are always worth a closer look.

For further information, contract details or to arrange a private inspection, contact **Mehmet Atesel at All Access Real Estate** today.

ATTENTION ALL VICTORIAN REAL ESTATE AGENTS!

Have a buyer interested in this property? We welcome enquiries from all licensed Victorian agents. Simply contact our team to register your buyer's interest and discuss how we can work together.

ALL ACCESS REAL ESTATE – YOUR PROPERTY, OUR PRIORITY!

www.allaccessre.com.au

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IMPORTANT DISCLAIMER:

*All building areas, dimensions and rental estimates are approximate only. The floorplan is provided for illustrative purposes and as a general guide only and may not accurately reflect the property's exact measurements, layout or configuration. Rental estimates are based on comparable market evidence and are subject to market conditions, the property's inclusions and independent assessment. Prospective purchasers should conduct their own enquiries, inspections and measurements to verify all information, including car parking entitlements and permitted uses. Any future occupation is subject to the existing tenancy and all applicable notice requirements. No guarantee is provided regarding future rental income, vacant possession or suitability for any particular business use.

Property Details

Basic Info

Property Type
Industrial/WarehouseOfficesRetail
Listing Status
On Market
Parking Spaces
2
Address
3/138-140 Argus Street, Cheltenham, Vic 3192

Floorplans and tours

Floorplan
387 Chandler Road, Keysborough, Vic 3173
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      Property ID: 505208668

      Original Property ID: 505208668
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