9-21 Station Road Cheltenham VIC 3192

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