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1261-1263 Nepean Highway, CHELTENHAM, VIC 3192
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Property Highlights

PERMITTED FOR AN 8 LEVEL BAYSIDE LANDMARK WITH 13 LEVEL POTENTIAL (STCA)

+ Landmark 1,605sqm* site includes vacant allotment suiting pre sale display suite and high exposure advertising opportunities

+ Permit approved significant 8 level residential apartment and mixed-use development Extra Potential – Aviation Authority approval for additional height

+ Modern strategic design – attractive product mix and relaxed apartment sizes aimed at owner occupier buyers

+ Existing improvements and income – short term lease to Fernwood Fitness

+ Proven development market ultra-convenient – location next to internationally renowned Sandbelt golf courses including Victoria Golf Course (470m*) & near to various bayside beaches

+ Connectivity – Direct Melbourne CBD access (17km*) provided by Melbourne’s rail network with express CBD services

Under Contracted Offer

For information please contact the Victorian Development Sites team to register your interest.

Scott Orchard

+61 425 760 712

David Minty

+61 422 564 199

Chao Zhang

+61 411 625 068

*approx

Remember to mention you found this property on DevelopmentReady

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