One of Cheltenhams most valuable business addresses, this double shop front sits in the heart of the busy shopping strip in one of Melbournes proposed Major Activity Centres. An integral property in the City of Kingstons proposed redevelopment for Cheltenham, the 118 sq.m (approx) premises already enjoys fabulous exposure opposite the Station St junction with the bank and post office on each corner and backing directly onto Cheltenham railway station. Set on 261 sq.m (approx) with a 12 metre Charman Rd frontage, the premises presents opportunity to lease the space to two tenants when you divide into two shops with a potential rental income estimated at $56,000. The building could also be developed to add a second storey (STCA)