11 Chesterville Road , Cheltenham

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********* SOLD ***********

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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Level 1, 30 Collins Street
Melbourne VIC 3000