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9-21 Station Road, CHELTENHAM, VIC 3192
Cheltenham
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
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
9-21 Station Road, CHELTENHAM, VIC 3192
Secure/no obligation
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
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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
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
