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216/1228 Nepean Highway, Cheltenham$500,000
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For Saleapartment

216/1228 Nepean Highway

Cheltenham, VIC 3192, Australia
$480,000 – $520,000
2 bed 2 bath 1 car

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About this property

Apartment living has never been easier. Perfectly positioned in the heart of Cheltenham, this well-presented residence combines a prime location, quality finishes and low-maintenance living, delivering comfort and convenience right at your fingertips. Positioned within a secure and well-maintained building, the apartment offers generous proportions, practical design and an abundance of natural light throughout. A balcony extends from the living area through to the main bedroom, creating a seamless indoor-outdoor connection while enjoying an elevated outlook towards Nepean Highway. Overlooking the living zone, the kitchen is well-appointed with stone benchtops, inset sinks, a mirrored splashback, gas cooktop, electric oven, dishwasher and an abundance of cupboard and pantry storage. Both bedrooms are generously sized and feature mirrored built-in robes. The main bedroom enjoys direct balcony access, a potential study nook/alcove filled with natural light and an ensuite complete with floor-to-ceiling tiles, stone benchtops, an inset vanity, excellent storage and a larger double shower. The central bathroom is equally well appointed, featuring floor-to-ceiling tiles, stone benchtops, an inset vanity, practical storage solutions, a tiled shower base and additional storage niches. A tucked-away European laundry further enhances the functional floorplan. Additional features include double-glazed windows, split system heating and cooling, electric wall panel heaters to both bedrooms, roller blinds throughout, secure intercom entry, building surveillance, lift access, secure basement parking and a storage cage. Residents also enjoy well-maintained communal areas and convenient garbage chutes on each level. Ideally located on the corner of Park Road and Nepean Highway, this address places you moments from the vibrant Charman Road shopping and café precinct, Westfield Southland and a range of local amenities. Cheltenham Train Station is approximately a five-minute walk away, providing easy CBD access and further enhancing the appeal of this convenient lifestyle location. PLEASE NOTE: *Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent. * Photo ID required at all open for inspections

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
2
Parking
1
Listed
2 weeks ago

Repayment calculator

$2,424/month
$1,212 /fortnight
Loan $400,000 at 6.10% over 30 years

Upfront costs

Deposit$100,000
Stamp duty$25,070
Conveyancing (est.)$2,000
Total upfront$127,070
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Cheltenham

This 2-bedroom apartment in Cheltenham, VIC 3192 sits within reach of public transport, local shops and nearby schools. It is listed 42% below the $855,000 median of 57 comparable apartmentswithin 5 km.

Schools near Cheltenham

  • Cheltenham East Primary Schoolprimary · Prep-6 · CoEd
  • Cheltenham Primary Schoolprimary · Prep-6 · CoEd
  • Kingston Heath Primary Schoolprimary · Prep-6 · CoEd
  • Le Page Primary Schoolprimary · Prep-6 · CoEd
  • Our Lady of the Assumption Schoolprimary · Prep-6 · CoEd
  • Cheltenham Secondary Collegesecondary · 7-12 · CoEd

What's nearby

  • Cheltenham 2 (train)271 m away
  • Dry Cleaning484 m away
  • Unnamed126 m away
  • Unnamed170 m away
  • Stanley Avenue Reserve291 m away

Cheltenham at a glance

Full suburb profile
Population
23,992
Median age
40
Household income
$1,919/wk
Median rent
$430/wk
Median mortgage
$2,200/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Cheltenham price trend

Median sold · Unit 2 bed

Compound growth +3.0% / yr over 4 yrs

$660kcurrent median

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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