Commercial: Office / Retail
SIGNIFICANT INDUSTRIAL FACILITY WITH FLEXIBLE COMMERCIAL 2 ZONING FOR FUTURE DEVELOPMENT!
CVA Property Consultants and Kelemen Commercial are proud to offer 49 Wangara Road and 7 Melaleuca Drive, Cheltenham with vacant possession for Sale by Expressions Of Interest Closing Tuesday 3rd December 2019 at 3pm.
To be sold as one and located in The Bayside Business District right in the heart of a prime future commercial development precinct, the two titles equate to a significant 11,555m2* total land holding and feature a flexible commercial 2 zoning earmarked for multi-level commercial development from 4 to 6 levels (Subject to Council Approval). Right next door to the north of the property (Corner of Bay Road & Reserve Road) an impending 6 to 8 level commercial development is set to provide a commercial hub for office, medical, childcare, services and retail to the area.
49 Wangara Road:
7 Melaleuca Drive:
Located in the heart of Bayside's commercial hub and in an area that has seen multiple multi-million dollar developments along Bay Road in the last 10 years, the property is surrounded by an array of retailers that include Dan Murphys, Aldi, Storage King Cheltenham and Kaufland moving in shortly. Successful multi-level commercial office buildings are also located to the North of the property on Bay Road that house major companies such as iSelect.
Enjoy the current improvements now, and reap the rewards of multi-level development on the site in the future.
Pricing excludes GST
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