Rare 920m² development opportunity within the Cheltenham SRL Structure Plan precinct. Draft planning documents indicate a preferred building height of approximately 15m (4 storeys), presenting significant future development potential (STCA). North-facing aspect to Eddie Street Reserve, approx. 21m frontage, and a clean block with no easements or overlays. Currently home to an untouched 1960s three bedroom cream brick treasure that’s more like a step back in time, this well preserved classic features an elevated entrance terrace, fluted double doors entry into an elegant living room with gas heater, three double bedrooms – one with robes, a north facing modernised kitchen/meals area, a bright blue bathroom and laundry with external access. The massive east facing rear garden is filled with fruit trees and shows you the expanse of the possibilities to renovate, rebuild or redevelop taking advantage of the park views – subject to council approval. A Bayside address, a short walk to trendy cafes including the Flour House, childcare, glorious parks and Sandringham’s Green Belt, minutes to the beach, Highett Village and Westfield Southland, bus and train services, Sandringham College and zoned Sandringham East Primary School.
Remember to mention you found this property on DevelopmentReady
Rare 920m² development opportunity within the Cheltenham SRL Structure Plan precinct. Draft planning documents indicate a preferred building height of approximately 15m (4 storeys), presenting significant future development potential (STCA). North-facing aspect to Eddie Street Reserve, approx. 21m frontage, and a clean block with no easements or overlays. Currently home to an untouched 1960s three bedroom cream brick treasure that’s more like a step back in time, this well preserved classic features an elevated entrance terrace, fluted double doors entry into an elegant living room with gas heater, three double bedrooms – one with robes, a north facing modernised kitchen/meals area, a bright blue bathroom and laundry with external access. The massive east facing rear garden is filled with fruit trees and shows you the expanse of the possibilities to renovate, rebuild or redevelop taking advantage of the park views – subject to council approval. A Bayside address, a short walk to trendy cafes including the Flour House, childcare, glorious parks and Sandringham’s Green Belt, minutes to the beach, Highett Village and Westfield Southland, bus and train services, Sandringham College and zoned Sandringham East Primary School.
Remember to mention you found this property on DevelopmentReady
8 Tibrockney Street, Highett, VIC, 3190
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Developments and amenities within a 5km radius of the asset.