270 Warrigal Road Cheltenham VIC 3192

An exceptional opportunity awaits at 270 Warrigal Road, Cheltenham, a prime freehold retail/commercial property offering excellent exposure, secure income, and exciting future potential. Whether you're an investor looking for a strong rental return, an owner-occupier seeking a high-visibility location, or a developer with a vision, this versatile property delivers.

Located on 187m² of land with a 90m² building*, this property benefits from Commercial 1 Zoning (C1Z), making it ideal for a variety of businesses, including retail, hospitality, or professional services. The site also offers valuable rear right-of-way access, leading to a garage/storage shed, further enhancing its usability and potential for redevelopment (STCA).

Investment Highlights:

No GST Payable Freehold title with no owners corporation, allowing for a straightforward transaction
Prime Location & High Visibility Positioned on bustling Warrigal Road, benefiting from high traffic exposure and footfall
Surrounded by Amenities Located in a thriving precinct with nearby restaurants, cafés, retailers, and easy access to Nepean Highway, Dingley Bypass, and Centre Dandenong Road
Development Potential Rear lane access provides scope for future expansion, such as a mixed-use retail and residential project (STCA), similar to developments already completed nearby
Strong Bayside Market An entry point into Cheltenham's highly sought-after commercial and residential market, just moments from Southland Shopping Centre, Mentone Beach, and public transport

With the potential to invest and earn rental income immediately, occupy in the future, or develop for long-term gains, this rare opportunity in a tightly held location is not to be missed.

Be quick to enquire!