Colliers Melbourne Investment Services are pleased to present this high-profile investment opportunity with future development upside. The property is situated within Cheltenham's core retail precinct and thriving activity centre.
The offering comprises three fully leased & separately titled assets on a sizeable, combined land allotment of 917sqm* with three street frontages. Diversified rental income comes by way of national tenants Foodworks & Cellarbrations, and local medical services provider Blokes Psychology clinic.
Key features include:
• Triple fronted site of 917sqm* (917*)
• Activity Centre Zone ()
• Leased to national tenants Foodworks and Cellarbrations ( Foodworks Cellarbrations)
• 150m* from Cheltenham Train Station (Cheltenham150*)
• Favourable future development outcomes (STCA) ((STCA))
25, 27 & 29 Station Road, Cheltenham are located in the heart of Cheltenham's retail precinct, and just minutes from Westfield Southland. This retail precinct is home to national tenants including Commonwealth Bank of Australia, Chemist Warehouse, Australia Post, Bendigo Bank, Bakers Delight, BWS, Subway, and Dominos.
The site sits just 150m* from Cheltenham train station and bus routes along Charman Road and Park Street, whilst close proximity to major arterial roads including Nepean Highway and Centre Dandenong Road further benefit the properties.
25, 27 & 29 Station Road Cheltenham are being offered For Sale by Private Treaty.
To arrange an inspection or for more information please get in touch with the exclusively appointed agents from Colliers Melbourne Investment Services:
Travis Keenan +61 412 120 943
Ryan Milivojac +61 457 296 601
James Zhuang() +61 473 866 666
Lucas Soccio +61 421 428 990
*approx.
