2 Retail Shops with Value Add Potential in the Heart of Cheltenham’s Activity Centre

  • $1,000,000/Asking Price: $1,500,000+

Property Description

Stonebridge Property Group is pleased to present for sale 310-312 Charman Road, Cheltenham.

The key highlights of the opportunity include:

– 2 adjoining Charman Road shops with 10 m* of rare street exposure to Cheltenham’s thriving retail precinct

– The property is partially leased, providing immediate value add or occupier potential (STCA)

– Flexible 357 sqm* Activity Centre zoned landholding with rear access and favourable surrounding height precedent – ideal for future development (STCA)

– 312 Charman Road is currently leased by longstanding tenant McKenzie-Smith Butchers, which boasts a 5-star Google rating

– Strategically located just 50 m* from Cheltenham Train Station – the heavily trafficked station is utilised by 823,400^ commuters annually, providing consistent levels of passing foot traffic

– Positioned within Cheltenham’s prized activity centre precinct, only 750 m* from Westfield Southland Shopping Centre and neighbouring high-density mixed-use developments that underpin the precincts retail activity

– Charman Road is a proven retail location with an eclectic mix of national retailers (Chemist Warehouse, BWS, Domino’s), cafes, restaurants, and local businesses

– The property benefits from a 3-level council car park to the rear boosting property exposure and added tenant/customer convenience

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Nic Hage
0448 782 594

Rorey James
0439 400 081

中文咨询
Sarah Xi 席子棠
0468 320 297
微信号 sarahxi565

*Approximately
^Source: 2018-2019 FY

Property Code: 716

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