9-21 Station Road Cheltenham VIC 3192

Development / Land
1,371 m²
Sold

Five Prime Bayside Shops With Permit For 9-Level Project

Five Adjoining Retail Properties
Permit + Plans For 9-Level Project
Prime Activity Centre Location

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

Savills Melbourne

Level 29, South Tower, 80 Collins Street,

Melbourne, VIC 3000

Property Highlights

Date Sold	27 Feb 2020
Floor Area	553 m²
Land Area	1,371 m²
Parking	On site parking available
Property ID	2015803126
Category	Development / Land Offices Shop & Retail
Last updated	16 Jun 2021

Map for 9-21 Station Road Cheltenham VIC 3192

Nearest transport* to 9-21 Station Road Cheltenham VIC 3192

Bus

Train

Cheltenham Railway Station/Station Rd (Cheltenham)	52 m
Cheltenham Railway Station/Charman Rd (Cheltenham)	94 m
Cheltenham Railway Station/Charman Rd (Cheltenham)	96 m
Cheltenham Railway Station/Charman Rd (Cheltenham)	152 m

*Within a 4km radius

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Savills Melbourne

Level 29, South Tower, 80 Collins Street,

Melbourne, VIC 3000

Property Highlights

Date Sold	27 Feb 2020
Floor Area	553 m²
Land Area	1,371 m²
Parking	On site parking available
Property ID	2015803126
Category	Development / Land Offices Shop & Retail
Last updated	16 Jun 2021

Co-Agents

Julian Heatherich

Savills Melbourne

Call

0412 995 655

Benson Zhou

Savills Melbourne

Call

0458 488 888

More about 9-21 Station Road Cheltenham VIC 3192

9-21 Station Road Cheltenham VIC 3192 is categorized as Land & Development Property. It has a floor area of 553 m² and a land area of 1,371 m². The listing ID for this property is 2015803126.