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300 Bay Road
Cheltenham VIC 3192
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Sold on 1 Feb 2010

300 Bay Road Cheltenham VIC 3192

  • Development / Land
  • 1.48 ha
  • Sold

UNDER OFFER

This huge island site property is located on the south-western corner of Bay Road and Reserve Road with an additional long frontage to Tower Drive in the suburb of Cheltenham.
Cheltenham is located 20 kilometres south east of Melbourne's CBD and is predominantly residential (mostly high income levels) municipality.
There is a strong link between the municipality's residents, and the recent rezoning of the land which is fundamental to understanding the future potential of the property.

MASSIVE ISLAND SITE
Cnr Bay Road and Reserve Road,Cheltenham
* It is 3/4 the size of the MCG (14,806sqm approx)
* Has 4 street frontages totalling 446 metres (STCA)
* Just been re-zoned to business 3 (offices/ industrial/showrooms)
* Can build up to 4 levels (STCA)
* Close to 4 golf courses, gyms, cafes, childcare
* Amazing location, undervalued
* 75% cheaper than the adjoining suburb

Contact: Matt Nichols 0418 186 488, Matt Spicer 0448 567 403

AUCTION

Auction date and time08/09/2009 11:00
Auction locationAsk Agent

Property Highlights

Date Sold1 Feb 2010
Floor Area1 m²
Land Area1.48 ha
ParkingAsk Agent
Property ID2009669226
Category
Last updated  1 Aug 2010
Map for 300 Bay Road Cheltenham VIC 3192

Property Highlights

Date Sold1 Feb 2010
Floor Area1 m²
Land Area1.48 ha
ParkingAsk Agent
Property ID2009669226
Category
Last updated  1 Aug 2010

Listed by

Matt Nichols
Matt Nichols
Nichols Crowder Property Moorabbin
Call
0418 186 488

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