11 Chesterville Road , Cheltenham

Contact Agent

Value add office building neighbouring westfield southland

Gross Waddell ICR is pleased to present this standalone office building which offers significant potential for owner occupiers, value add investors or developers (STCA).

• Prime standalone office building with significant 1,200 sqm* of NLA
• 2 floors of office space with 600 sqm* of NLA each
• Abundance of natural light with windows on 3 sides
• 32 ground floor car parks
• Benefits from holding income on level 1, level 2 being offered with vacant possession
• Favourable Commercial 1 Zoning (C1Z) offering scope to add additional floors or redevelop (STCA)
• 975 sqm* landholding with surrounding 10 storey height precedent
• Strategically positioned near Westfield Southland Shopping Centre
• Moments to the bustling Charman Road retail precinct
• Easy access to both Cheltenham and Southland train stations
• Proposed new suburban rail loop underground station to be located at Sir William Fry Reserve
• NABERS exempt

The property is to be sold via Expressions of Interest closing at 3:00 pm on Thursday the 28th of October 2021. For further information or to organise an inspection please contact Gross Waddell ICR directly.

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