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SOLD

9-21 Station Road, CHELTENHAM, VIC 3192

Development Approved
DETAILS

Five Prime Bayside Shops With Permit For 9-Level Project

Savills is delighted to offer for sale this exceptionally well-located corner property comprising 5 retail shops with significant upside located at 9-21 Station Road, Cheltenham. The property is surrounded by an abundance of high quality local amenity all within easy reach, and provides a fantastic opportunity for a multitude of development outcomes.

Key attributes of this fantastic opportunity are:

• High profile bayside landholding of 1,371sq m*

• Prominent frontage of 38 metres* to Station Road, plus side and rear access- Permit for a stunning 9-level mixed-use project

• Activity Centre Zone 1

• Valuable holding income of $109,380pa* (3 shops) with further rental potential from vacant shops (2 shops)

• Direct proximity to Cheltenham Station currently undergoing a major upgrade as part of the Victorian Government level crossing removal project

• Nearby Nepean Highway provides easy access to the CBD and Westfield Southland Shopping Centre

Sold

For further information please contact:

Julian Heatherich - 0412 995 655

Benson Zhou - 0458 488 888

Mark Stafford - 0404 401 053

Remember to mention you found this property on DevelopmentReady.com.au

DEVELOPMENT SITE SUMMARY
EOI:
TITLE:
SOLD
Property Area
AREA:
1371 m² (*approx)
Property Type
TYPE:
Commercial, Mixed Use,
Development Approved
DEVELOPMENT APPROVAL:
Permit for a stunning 9-level mixed-use project

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9-21 Station Road, CHELTENHAM, VIC 3192
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