119 Chesterville Road, Cheltenham, VIC 3192

***OFFERS NOW UNDER NEGOTIATION.***

CVA Property Consultants & Crabtrees Real Estate have been exclusively appointed to market for sale 119 Chesterville Road, Cheltenham via Expressions Of Interest Closing Wednesday 20th March 2024 at Midday. All offers must be presented via formal contract of sale. 

119 Chesterville Rd, presents 9,226 sqm* of Industrial 1 zoned land adjacent to the neighboring parkland to it's south and west.  To be sold with a permit for a commercial / industrial development, a brilliantly designed and entirely unique development awaits for the fiercely localized community and an opportunity for developers to acquire a development scenario where all of the heavy lifting and holding time has taken place. 

Alternatively, take advantage of a marquee position within Bayside's tightly held precinct to develop your very own industrial facility as an owner occupier or investor. Be amongst an constantly evolving precinct with Morris Moor and "The Grounds" by Pellicano just up the road and Waves Recreation Centre just next door.

With a focus on harnessing the uninterrupted views of parkland adjacent to the site, the current permit in place consists of:

The front of the estate:

- A Ground floor showroom of 477 sqm*.

- A first floor fitness centre of 722 sqm*.

- Second floor office suites from 57 – 75 sqm*.

A selection of workspaces all with uninterrupted park views:

- Office / warehouse spaces with container height roller doors, 8 metre* internal height and rear yards.

- Two level office spaces with fully fitted commercial environments.

- Office / Warehouse hybrids with Glass Smartech remote door systems and 4.1 metre* clearance out to 8 metre* rear storage areas. Available in two and three level design for those requiring slightly more office.

- Allocated on grade and basement car parking.

Micro-warehousing: A secure basement complex for personal and entrepreneurial ventures:

- 48 secure storage spaces from 38-106 sqm*.

- Shared meeting room, bathroom, and kitchen facilities.

- Excellent access and security.

An address of fierce local allegiance, paired with a modern execution of effortless nature and convenience — this is a development with all of the thought, time and effort. Make this your next project.

Remember to mention you found this property on DevelopmentReady