31B Edward Street, Cheltenham, Vic 3192

$950,000 - $980,000

Townhouse
Type
3
Bedrooms
2
Bathrooms
2
Parkings

Last updated on Tuesday, September 08, 2026 ( See property details for 31B Edward Street, Cheltenham, Vic 3192)

$950,000 - $980,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modern, low-maintenance three-bedroom townhouse in a prime bayside location, perfect for investors, downsizers, or first homebuyers seeking convenience and comfort.

🏡 Property Highlights

  • Quietly positioned on its own title for privacy and independence
  • Single-level three-bedroom layout ideal for easy living
  • Low-maintenance design perfect for lock-up-and-leave lifestyle
  • Prime bayside location close to Cheltenham and Southland amenities
  • Excellent transport links with nearby train stations and CBD access
  • Strong rental demand making it an attractive investment opportunity

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Ensuite
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Pet-Friendly

Cheltenham is a highly sought-after bayside suburb renowned for its vibrant community, excellent transport links, and proximity to beaches and recreational facilities. It offers a relaxed lifestyle with easy access to shopping, dining, and quality schools, making it ideal for families, professionals, and investors alike. The area boasts strong rental demand and a welcoming atmosphere, ensuring long-term growth and lifestyle benefits.

What is the layout of the property and how many bedrooms and bathrooms does it have?
The property features a single-level layout with three bedrooms and two bathrooms, designed for comfortable and practical living.
Is the property suitable for investors and what makes it attractive for rental?
Yes, the property is ideal for investors due to its strong rental demand, excellent transport connectivity, and low-maintenance design, making it highly lettable.
What amenities and facilities are nearby?
The property is close to Southland Shopping Centre, local schools, parks, recreational facilities, and is within easy reach of Cheltenham and Southland train stations, providing convenient access to Melbourne CBD.
Does the property have outdoor living space?
Yes, the property includes an outdoor area suitable for relaxation and outdoor activities.
Is the property suitable for downsizers or first homebuyers?
Absolutely, its single-level, low-maintenance design makes it perfect for downsizers, first homebuyers, or those seeking a lock-up-and-leave lifestyle.
Are there any additional costs such as strata fees or council rates not mentioned? Has the property been recently renovated or does it require any repairs? Are there any easements, zoning restrictions, or planning overlays affecting the property? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any upcoming developments or construction projects nearby that could impact the property’s value or living environment? What are the terms of the current lease if rented, and are there any existing tenancy agreements? Are there any restrictions or covenants on the property that I should be aware of? Is the property compliant with all building codes and safety standards? What are the long-term maintenance costs associated with the property? Are there any known issues with the property’s structure, plumbing, or electrical systems?

31B Edward Street, Cheltenham, Vic 3192 - More Details

$950,000 - $980,000

ENTRY VIA CHARLES STREET.

Quietly positioned on its own title and set on approximately 392sqm of land, this single-level three-bedroom home ticks every box for those seeking an effortless, lock-up-and-leave lifestyle in one of Melbourne's most convenient bayside locations. Best of all, there are **no Owners Corporation fees**, offering greater independence and lower ongoing costs.

Whether you're a first homebuyer taking that important first step onto the property ladder, a downsizer seeking to simplify without compromising on space or comfort, or an investor looking to add a quality asset to your portfolio, this property delivers on every front.

Inside, the home offers a practical and well-considered floorplan across a single level, with three bedrooms, two bathrooms and easy-care living spaces that require nothing of you but to enjoy them. The low-maintenance nature of the property means more time doing the things you love and less time on upkeep.

Cheltenham is one of Melbourne's most liveable bayside suburbs, and this address puts you right in the thick of it. Cheltenham and Southland train stations are within easy reach, placing the CBD firmly within commuting distance. Southland Shopping Centre, the Nepean Highway retail and dining strip, local schools, parks and recreational facilities are all close by, while the beach is just minutes away.

For investors, the suburb's strong rental demand, excellent transport connectivity and enduring lifestyle appeal make this an attractive and highly lettable proposition.
Type
Townhouse
Bedrooms
3
Bathrooms
2
Parkings
2

Price guide

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