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Banksia, Cheltenham

Banksia, Cheltenham

216-226 Charman Road, Cheltenham VIC 3192

Under constructionSelling now
  • 29 residences
  • 4 floors
  • Apartments
Limited time offers for Banksia, Cheltenham
Progress verified
Estimated completion late 2027
  1. Plans approved
  2. Construction started
  3. Under construction
  4. Complete

Under construction by Shenfield Property, on track for late 2027

Apartments.com.au community feedback
When asked what the key strengths are of Banksia, Cheltenham:
  • 📝 Floor plan designs (7 votes)
  • 📍 Great location (7 votes)
  • 🌱 Energy efficiency and sustainability (3 votes)
  • 🏊 Resident amenities (3 votes)
  • 🤑 Value for money (3 votes)
  • 💸 Low owners corp fees (2 votes)
  • 🌳 Outdoor spaces (2 votes)
  • ✨ Quality of finishes (2 votes)
  • 📈 High capital growth opportunity (1 vote)
  • 💰 Investment opportunity (1 vote)
When asked what the key strengths are of Banksia, Cheltenham sales team experience:
  • ⏱️ Timely contact (6 votes)
  • 🤗 Willingness to help (6 votes)
  • 👔 Professionalism (4 votes)
  • 🧠 Development knowledge (3 votes)
  • 🗺️ Local area knowledge (2 votes)
  • 📑 Quality of information (1 vote)

Huge Stamp Duty Saving Availalbe - Pay only 5% deposit to Purchase - Move in by Christmas 2027*

Banksia Apartments: Contemporary Urban Living in Cheltenham, Melbourne

Currently Preparing for Level 2 Slab (Floor) to be built... construction moving along ahead of schedule.

Ideally located on the beach side of vibrant Cheltenham Village, this brand new development of 29 apartments delivers a sophisticated blend of stylish modern living, quality construction and environmentally efficient design. Tailored to the local market, these quality residences feature refined detail and flexible floorplans, balanced with ground level commercial spaces.

Prime Location: Banksia Cheltenham boasts an ideal location, offering quick access to the beach and the heart of Melbourne.

Sophisticated Design: This brand-new development comprises 29 apartments meticulously designed to deliver a sophisticated blend of stylish modern living, quality construction, and environmentally efficient design.

Flexible Residences: Designed with the local market in mind, Banksia's residences feature refined details and flexible floorplans, offering the perfect blend of luxury and practicality.

Luxurious Interiors: Banksia's interiors strike the perfect balance between elegant style and practical liveability. Full-height windows flood the living spaces with natural light, complemented by soft, neutral color palettes and oak timber flooring. High-end black Smeg appliances grace the minimalist-styled kitchens.

Environmentally Responsible: Banksia takes environmental sustainability seriously. Each residence incorporates energy-efficient features, integrated heating and cooling, and even car charging facilities in the basement.

Prime Location: Positioned between green open spaces, vibrant retail, diverse dining, and convenient transport options, Banksia offers a year-round lifestyle you'll love. Southland Shopping Centre, stunning beaches, parklands, and top-notch education facilities are just minutes away.

Architectural Excellence: Banksia is the result of a collaborative approach between developer Shenfield Property, Brayshaw Architects, and Aldona Padjak Interior Design. It achieves an unsurpassed level of urban living, respectfully integrated with its surroundings.

About Shenfield Property:

For over two decades, Shenfield Property has been a leader in designing and developing boutique energy-efficient commercial and residential projects in the local area. Committed to quality and sustainability, Shenfield Property's vision enhances the communities it serves.

Experience contemporary luxury and sustainable living at Banksia Apartments. Embrace the charm of Cheltenham Village while enjoying the very best of Melbourne.

*Check if Stamp Duty Savings apply for you - speak to your Legal representative first

*5% deposit to purchase only available for the next 5 Apartments Purchased

Limited time offers for Banksia, Cheltenham

Purchase with Only 5% Deposit Available for Next 5 Apartment Only

The Developer is Prepared to Accept 5% to assist your purchase for the next 5 Apartment Purchases only. Make the most of this today. Its also worth Meeting with your Sales person - see what "Deal" could be done on price too.

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Ends 1 Nov 2026, 11:59pm AEST

New Apartments for sale in Banksia, Cheltenham - 216-226 Charman Road, Cheltenham

Access the latest brochure, pricing and floorplan details for Banksia, Cheltenham.
+4
Don't Buy Another Apartment Until You've Seen Banksia
2 bedroom apartments from $799,000
2 bed
2 bath
1 car
2.7m ceiling height
93.5m² total area
min width
75m² internal area
+3
The Only 1 Bedroom Available At Banksia
1 bedroom apartments $665,000
1 bed
1 bath
1 car
2.7m ceiling height
68m² total area
min width
58m² internal area
+5
Built By Locals. Designed For Locals. Ready October 2027.
3 bedroom apartments from $1,250,000
3 bed
2 bath
2 car
2.7m ceiling height
130m² total area
min width
112m² internal area
+2
SOLD- The Only 2 Bedroom Penthouse.
2 bedroom apartments $890,000
2 bed
1 bath
1 car
2.7m ceiling height
93m² total area
min width
76m² internal area
+4
The Apartment Every Bayside Downsizer Should Inspect
3 bedroom apartments $1,395,000
3 bed
2 bath
2 car
2.7m ceiling height
210m² total area
min width
123m² internal area
+5
Designed to deliver sophisticated stylish residences for modern living
2 bedroom apartments $985,000
2 bed
2 bath
1 car
2.7m ceiling height
104m² total area
min width
90m² internal area
+4
SOLD - Why Are So Many Local Downsizers Choosing Banksia?
3 bedroom apartments $1,500,000
3 bed
1 study
2 bath
2 car
2.7m ceiling height
167m² total area
min width
140m² internal area
Our take by

Apartments loves Banksia, Cheltenham because…

Discover Luxury at Banksia Apartments, Cheltenham
Banksia Apartments present contemporary urban living in the heart of Cheltenham Village, Melbourne. Situated on the beach side, this brand new development of 29 apartments seamlessly combines stylish modern living, quality construction, and environmentally efficient design.
Prime Location and Access
Ideally located, Banksia Cheltenham offers quick access to both the beach and the heart of Melbourne. Positioned between green open spaces, vibrant retail, diverse dining, and convenient transport options, it provides a year-round lifestyle you'll love. Southland Shopping Centre, stunning beaches, parklands, and top-notch education facilities are just minutes away.
Sophisticated Design and Flexibility
Comprising 29 meticulously designed apartments, Banksia delivers a sophisticated blend of modern living and environmentally efficient design. Tailored to the local market, these residences feature refined details and flexible floorplans, offering the perfect blend of luxury and practicality. The interiors strike the perfect balance between elegant style and practical liveability, featuring full-height windows, soft neutral color palettes, oak timber flooring, and high-end black Smeg appliances in the kitchens.
Environmentally Responsible Living
Banksia takes environmental sustainability seriously, incorporating energy-efficient features, integrated heating and cooling, and car charging facilities in the basement. Embrace a lifestyle where luxury meets responsibility.
Architectural Excellence and Collaboration
Banksia is the result of a collaborative approach between developer Shenfield Property, Brayshaw Architects, and Aldona Padjak Interior Design. Achieving an unsurpassed level of urban living, Banksia is respectfully integrated with its surroundings. Shenfield Property, with over two decades of leadership, is committed to quality and sustainability, enhancing the communities it serves.
Experience Contemporary Luxury at Banksia Apartments
Immerse yourself in contemporary luxury and sustainable living at Banksia Apartments. Embrace the charm of Cheltenham Village while enjoying the very best of Melbourne.

Amenities

  • Outdoor Entertaining Area Outdoor Entertaining Area
  • Elevator Elevator

Development information for Banksia, Cheltenham

Statement Of Information:
Local Government Area:
City of Kingston
Project Status:
Under construction
Estimated Completion Date:
Late 2027
Residences:
29
Car Spaces:
42
Buildings:
1
Building Type:
Low-Rise
Floors:
4

Meet the team behind Banksia, Cheltenham - 216-226 Charman Road, Cheltenham

Landmark intelligence by

“Modern bayside living situated just 280 metres from the upgraded Cheltenham Railway Station.”

What's near Banksia, Cheltenham

  1. Under 500m
    GP / Medical

    Bayside Family Medical

    Offers general practice consultations, pathology access, immunisations, and family healthcare services.

    Groceries

    IGA Friendly Grocer Cheltenham

    Supplies everyday grocery essentials, pantry items, and fresh produce along the Charman Road retail strip.

    Education

    Cheltenham Primary School

    Accommodates co-educational government primary schooling from Prep through to Year 6.

    Transport

    Cheltenham Railway Station

    Provides direct Frankston line train services to Melbourne CBD alongside an integrated local bus interchange.

  2. Under 1km
    Gardens

    Cheltenham Park

    Features sports ovals, walking paths, native parklands, and dedicated children playground facilities.

Cheltenham, VIC 3192

Cheltenham is an established bayside suburb characterised by steady capital growth, family-oriented demographics, and high demand for transit-adjacent housing. The area benefits from direct Frankston line rail connectivity and arterial road links connecting residents directly to Melbourne CBD and coastal amenities.


Infrastructure updates

Designated within the Kingston Planning Scheme Activity Centre Zone (ACZ1) and situated near the future terminus for the $30bn-plus Suburban Rail Loop (SRL) East project.

Amenities near Banksia, Cheltenham

Display Suite of Banksia, Cheltenham

232 Charman Road, Cheltenham
wednesday
11:30 - 13:00
thursday
11:00 - 13:00
saturday
11:00 - 13:00

Built-in buyer protection

State-backed peace of mind for your new home.

6-year structural protection

Covered for 6 years post-completion.

2-year builder care period

Maintenance coverage for 2 years post-completion.

Standard statutory warranty periods vary by state. Terms apply under local residential building guidelines.

News about Banksia, Cheltenham - 216-226 Charman Road, Cheltenham