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Savills - Melbourne

9-21 Station Road Cheltenham, VIC 3192

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9-21 Station Road,
Cheltenham, VIC 3192

Development Sites & Land • Shops & Retail • Offices

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Savills - Melbourne
Benson Zhou
Julian Heatherich

Savills - Melbourne

Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
Savills - Melbourne
9-21 Station Road
Cheltenham, VIC 3192

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Map of 9-21 Station Road

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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 6...
Benson Zhou - 0458 488 8...

Property ID: 503371842Last Updated: 16 Jun 2021

Savills - Melbourne
Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000

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