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88 Chesterville Road Cheltenham, VIC 3192

Sold for $685,000 on 20 Feb 2016Floorplan
  • 5 Beds
  • 3 Baths
  • 3 Cars
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88 Chesterville Road, Cheltenham, VIC 3192

House in Cheltenham

Designer Complex Residential Development Across from Southland

  • 5 Beds
  • 3 Baths
  • 3 Cars

Build a complex of designer apartments, right next to Westfield Southland. Yes, you read right, with existing retail outlet in place, plans and permits for further residential development are current. Operating as a hair salon this uniquely positioned, corner block retail and the residential property provides the potential to further develop into three separate apartments, including a penthouse-like top floor.

With options to occupy the premises, lease or rebuild and sell, the potential for profit is massive. Adequate parking and proposed lock up ground floor garages per unit make this main street location ideal. A short trip to the beach and loads of surrounding culture, this rarest of opportunities should not be skimmed past.

  • Currently tenanted to a Hair Salon
  • Plans & permits for 3 designer apartments.
  • Corner block
  • Potential 3 street frontages
  • Amazing location

With much interest already being shown, contact Sam Master 0426 285 288 to express your interest and request a full set of floor plans. Discover the true potential of this property now.

Please note: Photo ID required at all inspections.

Cheltenham Amenities:
Nearest Primary School: Le Page, Cheltenham East, Cheltenham Primary School, Our Lady Of The Assumption Primary.
Nearest Secondary School: Cheltenham Secondary College, St James College, Sandringham College.
Nearest Kindergarten: North Cheltenham Pre School, Juggles Childcare Centre, ABC Cheltenham, Olympic Avenue Kindergarten.

Nearest Transport:
Bus: 811 Dandenong-Brighton, 767 Box Hill-Southland S/C, 821 Southland-Clayton
Train: Cheltenham & Highett Train stations (Frankston & City Loop lines)

Nearest Recreation: Highett Reserve, Cheltenham Golf Club, Sandringham Family Leisure Centre, Southland Village Cinemas, Local Library. Waves Leisure Centre

Other Amenities: Southland Shopping Centre (Over 380 Stores including Kmart, Myer, David Jones, Local Fast Food & Fresh Produce). Sandringham Hospital, Mexico Lindo Restaurant, Krishna Indian Restaurant, Close to Public Transport, Nepean Highway and the Beach.

Features:
  • Close To Schools
  • Close To Shops
  • Close To Transport
Land:

186m² / 0.04 acres

Bedrooms:

5

Bathrooms:

3