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393-397 Bay Road
Cheltenham VIC 3192
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Sold on 16 Dec 2016

393-397 Bay Road Cheltenham VIC 3192

  • Development / Land
  • 2,590 m²
  • Sold

MASSIVE LANDHOLDING WITH SCHEME FOR 20 TOWN RESIDENCES

  • Prime Bayside Scheme for 20 Townhouses
  • Significant investment opportunity
  • Holding Income of $135,492P.A*

SOLD

+ Three (3) separate title allotments comprising nine (9) residential dwellings with strong holding income of $135,492p.a.

+ Outstanding exposure with multiple street frontages of 54m* to bay road and 20.5m* to royalty avenue providing for flexibility for building design and access points

+ Would ideally suit townhouse / apartment / child care development (stca)

+ An amazing lifestyle location within easy walking distance to Southland Shopping Centre (250m*) one of Australia's largest shopping centres (David Jones, Myer, Apple, Village Cinemas), 800m* to Highett Road retail strip and railway station, and 3.5km* to Sandringham beach, retail, cafe & lifestyle precinct

+ Surrounded by an abundance of Parklands, lifestyle attractions including royal Melbourne golf course (ranked no. 7 in the world); secondary & tertiary education facilities including Brighton Grammar and Haileybury College and Monash & Deakin Universities

+ Excellent public transport infrastructure with new Southland railway station (approx. 300m away) to open in 2017

+ A blue-chip location in the heart of the coveted South Eastern corridor only 15km* south east from Melbourne's CBD

*approx

CBRE
CBRE
Level 34, 8 Exhibition Street
Melbourne, VIC 3000

Property Highlights

Date Sold16 Dec 2016
Floor AreaAsk Agent
Land Area2,590 m²
ParkingOn site parking available
Property ID2013218199
Category
Last updated  19 Jan 2024
Map for 393-397 Bay Road Cheltenham VIC 3192
CBRE
CBRE
Level 34, 8 Exhibition Street
Melbourne, VIC 3000

Property Highlights

Date Sold16 Dec 2016
Floor AreaAsk Agent
Land Area2,590 m²
ParkingOn site parking available
Property ID2013218199
Category
Last updated  19 Jan 2024

Listed by

Carl Hexter
CBRE
Call
+61 409 411 507

More about 393-397 Bay Road Cheltenham VIC 3192

393-397 Bay Road Cheltenham VIC 3192 is categorized as Land & Development Property. It has a land area of 2,590 m². The listing ID for this property is 2013218199.

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