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CBRE - Melbourne

48 Station Road Cheltenham, VIC 3192

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48 Station Road,
Cheltenham, VIC 3192

Development Sites & Land • Shops & Retail • Offices

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CBRE - Melbourne
David Minty
Nathan Mufale
Alex Brierley
Jing Jun Heng

CBRE - Melbourne

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
CBRE - Melbourne
48 Station Road
Cheltenham, VIC 3192

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A PERMIT APPROVED BAYSIDE ACTIVITY CENTRE ZONED SITE WITH INCOME

  • Permit approved mixed-use development
  • Excellent income across two tenancies
  • Situated in Cheltenham activity centre
+A permit approved 648 square metre Activity Centre Zoned landholding with quality existing retail improvements with multiple income streams

+Existing planning permit for five (5) level mixed use project comprising total GFA of 2,288 square metres with an additional 339 square metres of commercial space

+High quality existing retail building of 880 square metres* with car parking across two levels leased to Government tenant ‘Family Life’ on the ground floor and popular Melbourne Taekwondo Centre with separate access on the first floor

+Immediate proximity to Cheltenham Train Station (300m*) and direct access to Nepean Highway and only 1km* to Westfield Southland Shopping Centre providing excellent surrounding retail amenity

+Favourable & flexible zoning in the heart of the Cheltenham activity centre with surrounding height precedent for additional levels on neighbouring projects and an area directly benefitting from enormous private and public infrastructure investment

*Approx.

For further information please contact the exclusive sales and marketing agents at CBRE:

Alex Brierley
+61 447 974 4...
alex.brierley@cbre.com.au

David Minty
+61 422 564 1...
david.minty@cbre.com.au

Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au

Jing Jun (JJ) Heng 王敬君
+61 411 059 1...
jj.heng@cbre.com.au

Property ID: 504022291Last Updated: 3 Jun 2022

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