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Sold on 27 Feb 2020

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

Julian Heatherich
Savills Melbourne
Julian Heatherich
Savills Melbourne
Benson Zhou
Savills Melbourne
Benson Zhou
Savills Melbourne

Property Highlights

Property ID2015803126
Date Sold27 Feb 2020
Floor Area553 m²
Land Area1,371 m²
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  16 Jun 2021
Map for 9-21 Station Road Cheltenham VIC 3192
Julian Heatherich
Savills Melbourne
Julian Heatherich
Savills Melbourne
Benson Zhou
Savills Melbourne
Benson Zhou
Savills Melbourne

Property Highlights

Property ID2015803126
Date Sold27 Feb 2020
Floor Area553 m²
Land Area1,371 m²
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  16 Jun 2021
Level 29, South Tower, 80 Collins Street, Melbourne VIC 3000
Julian Heatherich
Julian Heatherich
Savills Melbourne
Benson Zhou
Benson Zhou
Savills Melbourne

Julian Heatherich

Savills Melbourne

Benson Zhou

Savills Melbourne

0412 *** ***
0412 995 655

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