304/216-226 Charman Road, Cheltenham, Vic 3192

$1,250,000

Apartment
Type
3
Bedrooms
2
Bathrooms
2
Parkings

Published on Thursday, October 01, 2026 ( See property details for 304/216-226 Charman Road, Cheltenham, Vic 3192)

$1,250,000

David Lamond Officer in Effective Control & Senior Sales Agent
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

Luxurious top-floor penthouses in Cheltenham offering spacious living, outdoor terraces, and modern finishes, with secure parking and prime location convenience.

🏡 Property Highlights

  • Exclusive top-level penthouses with spacious layouts
  • Large outdoor terraces with landscaped greenery
  • Modern, luxurious interiors with timber-look cabinetry and stone surfaces
  • Secure parking for two vehicles
  • Close to Cheltenham Village, cafes, shopping, and transport
  • Construction underway with completion guaranteed for October 2027

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area / Balcony
  • Secure Parking
  • Waterfront / Views
  • Floorboards
  • Ensuite
  • Home Office / Study
  • Landscaped Gardens
  • High energy efficiency

Cheltenham offers a vibrant lifestyle with easy access to Cheltenham Village, cafes, shopping, and transport options. The area boasts beautiful parks, a strong community feel, and proximity to Bayside beaches. Residents enjoy a blend of urban convenience and relaxed coastal living. The local amenities cater to diverse lifestyles, making it an ideal place for families, professionals, and retirees. With ongoing development, Cheltenham continues to enhance its appeal as a sought-after Bayside suburb.

What are the key features of these penthouses?
The penthouses feature spacious open-plan living areas, outdoor terraces, modern interiors with timber-look cabinetry and stone surfaces, secure parking for two vehicles, and flexible room options including a home office or study.
What is the expected completion date for the development?
Construction is underway with a guaranteed completion date set for October 2027.
Are there outdoor living spaces included?
Yes, both penthouses include large landscaped terraces, with Apartment 3.05 offering a total outdoor space of approximately 112m².
What types of amenities are nearby?
The development is close to Cheltenham Village, cafes, shopping centers, transport options, and local parks, providing a convenient Bayside lifestyle.
What interior finishes can I expect?
The interiors feature a warmer, luxurious palette with extensive timber-look cabinetry, stone surfaces, engineered timber flooring, and detailed kitchens and bathrooms.
Are there any additional costs or strata fees associated with the apartments? Have all necessary planning and building approvals been obtained? Are there any known defects or issues with the construction or design? What are the zoning restrictions or easements affecting the property? Is the property located in a flood or bushfire-prone area? Are there any upcoming developments or construction nearby that could impact living conditions? What are the noise levels and neighbour conditions in the area? Are there any restrictions on pet ownership within the development? Is the property compliant with all current building codes and standards? What are the terms of the developer’s guarantee and warranty coverage?

304/216-226 Charman Road, Cheltenham, Vic 3192 - More Details

$1,250,000

If you’re ready for a home that gives you less to maintain without asking you to compromise on space, the remaining penthouses at Banksia Cheltenham deserve a closer look.

Positioned on the top level of this boutique development of just 29 residences, these three-bedroom homes have been designed for buyers who still want generous living, proper entertaining space, room for family to stay and secure parking — just without the work that comes with a large house.

Only two three-bedroom penthouses remain, priced from $1,250,000.

Both offer 3 bedrooms, 2 bathrooms and 2 car spaces, with very different layouts to choose from. Apartment 3.04 provides approximately 112m² internally plus a 23m² terrace, while Apartment 3.05 offers approximately 123m² internally and an exceptional 112m² of outdoor space — 235m² in total.

The layouts have been carefully considered for everyday living. Spacious open-plan kitchen, dining and living areas connect directly with the terrace, while three genuine bedrooms provide flexibility for visiting family, grandchildren, a home office or simply the extra space you are accustomed to. Apartment 3.04 also includes a walk-in robe to the main bedroom, while 3.05 features extensive robe storage, pantry, linen and separate laundry facilities.

The penthouse interiors introduce a warmer, more luxurious material palette, with extensive timber-look cabinetry, stone surfaces, engineered timber flooring and beautifully detailed kitchens and bathrooms. Large areas of glazing connect the interiors to the landscaped terraces and bring natural light and greenery into the home.

For me, that is one of the strongest things about these apartments: you are not moving into something that feels small or compromised. You are simply moving into a home that should be easier to live in.

Construction at Banksia is now well underway, with a developer-backed completion guarantee for October 2027, allowing purchasers to secure their preferred residence now and plan their move with greater certainty.
Banksia is being designed, developed and built by Shenfield Property, a local Bayside developer and builder with more than 20 years' experience.

Located at 216–226 Charman Road, Cheltenham, Banksia places Cheltenham Village, cafés, shopping, transport and the wider Bayside lifestyle close at hand — while the ground-floor retail will add another level of everyday convenience.

Only 2 Penthouse Residences Remain

3 bedrooms | 2 bathrooms | 2 car spacesFrom $1,250,000

Display Suite230 Charman Road, Cheltenham
Wednesday, Thursday & Saturday11:00am–1:00pm

David Lamond0416 422 279
Type
Apartment
Bedrooms
3
Bathrooms
2
Parkings
2
House Size
112 m²

Price guide

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School catchments

Government school zones this property is inside, from the outlines we hold. A zone can change, and being in a zone is not a guarantee of a place, so check with the school or the education department.

Other schools nearby

Schools within about 5 km that have no enrolment zone, such as Catholic, independent, special and selective schools.

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