Adviser release
Större Cheltenham
A Bayside micro-warehouse release for advisers with SMSF, commercial property and owner-occupier clients.
Pricing starts from $129,300. Ground-floor micro-warehouses start from $436,250, with a 6.3% leaseback option available for investors.
The adviser story
An easier commercial property conversation for the right client.
Större is not a traditional warehouse sale. It gives agents a practical way to talk about commercial property: smaller lot sizes, lower purchase prices, real business use and a Bayside location with limited new supply.
The strongest angle is the combination of three things: accessible price points, clear end-user demand and independent market research advisers can use in client conversations.
Lower entry. Real business use. Established commercial precinct.
Current pricing
Transparent pricing that helps qualify clients quickly.
The current price list creates two simple conversations: first-floor storage and flex spaces for lower-entry buyers, and ground-floor micro-warehouses for clients who need larger, drive-up commercial space.
First-floor storage / flex
from $129k
36 units in the current release.
Ground floor micro-warehouses
from $436k
13 units with larger footprints and direct vehicle access.
Current release
49 units
Pricing ranges from $129,300 to $700,300.
Pricing and availability are subject to change. The agent portal should be used for current stock and client matching.
Market fundamentals
Cheltenham has the commercial fundamentals behind the story.
The investment strategy is grounded in population growth, business formation, labour force depth, rising industrial values and tight supply across an established Bayside precinct.
Independent validation
Urbis gives agents proof points they can use with clients.
The Cheltenham Market Outlook supports the campaign with independent research across population growth, business formation, sales trends, rental trends and comparable new-stock pricing.
Cheltenham Market Outlook
Independent market research prepared by Urbis, February 2026.
Product-market fit
Built for small business use, not just storage.
These aren’t traditional large-scale warehouses designed purely for industrial storage.
STÖRRE is aimed at the growing demand for smaller-format commercial spaces used by:
- trades and service operators
- e-commerce and online fulfilment businesses
- wellness and creative businesses
- secure storage users
- small owner-occupier operations needing practical bayside space
That broader range of potential end users is part of what continues driving investor and SMSF interest in smaller-format industrial assets.
Location and amenity
A Bayside commercial location that still feels practical.
Större is close to Nepean Highway, Southland, Highett Village, Sandbelt golf courses and Port Phillip Bay. For occupiers, it is a practical base with staff amenity around it. For investors, that helps support the leasing story.
Supply story
The supply story is simple: established precinct, limited new land, ongoing user demand.
Cheltenham is not a fringe industrial market where supply can keep expanding. Much of the land is already developed, which limits the number of new projects that can be delivered in the precinct.
For agents, that keeps the client narrative clear: new, functional commercial space in a tightly held Bayside location, with demand coming from SMEs, storage users, trades and owner-occupiers.
The client conversation
- Lower-entry commercial property compared with larger industrial assets.
- A product type linked to real occupier demand from SMEs, trades, e-commerce and storage users.
- New-build amenity, security, NBN, access and shared facilities.
- A 6.3% leaseback option for investors who want an income story from settlement.
Project overview
Key details before you open the full pack.
Use this as the quick reference before reviewing live availability, floorplans and supporting documents in the portal.
Next step
Open the live stock list and match the right unit to the client brief.
Use the agent portal for current availability, pricing, project materials and the Urbis research.