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2. Property Highlights

Fantastic Development Opportunity- Investors look no further! Priced to Zell!

A 1,220 sqm development site in a prime location with three street frontages and is a location of great development design flexibility. This sensational site is ideal for office, commercial, mixed-use, and residential. (STCA)

Potential development for 6 commercial and 6 residential, or 12 residential luxury townhouses with water views.

Property Highlights:
- Land area: 1,220 square meters *
- Three street frontages including:
- Nepean Highway: 31m*
- Chadwell Grove: 40m*
• 150m to the popular Chelsea Beach
• Two retail tenancies + one adjoining residential house lease

150 meters to the beach; 700 meters to Bonbeach or Chelsea station; 700 meters to Chelsea Shopping Center; 1.5 km to Patterson River Golf Club and 1.5 km to Bicentennial Park. Schools, Cafes, shops, clinics, trains, buses, gyms, parks, and other amenities are all within walking distance.

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3. Property Location

493-495 Nepean Highway, Chelsea VIC 3196

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4. Due Diligence

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493-495 Nepean Highway, Chelsea VIC 3196 Chelsea