Bayside Retail Opportunity to Occupy or Develop

Sold - 318 Charman Road, Cheltenham

Retail, Development/Land (Retail)

Sale Details

Sold on 22 Mar 2018 for $2,360,000

Building Area 372m²
Rate $6,344 per m²
Land Area 373m²
Rate $6,327 per m²

Overview

Sale History ID: 29885
Property ID: 14376
Advertised Price: $2,360,000

Description

CVA Property Consultants in conjunction with Teska Carson are pleased to offer 318 Charman Road, Cheltenham for sale via Public Auction on Wednesday 21st March 2018 at 12pm on-site.

With a current town planning permit for 3 shops, this exceptionally located property is situated within Cheltenham's vibrant retail village. The property neighbours a host of national retailers including Chemist Warehouse, Bakers Delight, Bendigo Bank, Commonwealth Bank, Crust Pizza and Foodworks as well as an array of local cafes and restaurants.

Property Summary;

- Total building area: 372m2*
- Total land area: 373m2*
- Town planning permit for 3 shops. Details and endorsed plans available upon request.
- Dual street access
- Multi-level public carpark at rear
- Activity Centre Zone
- Liquor licence
- Monthly tenancy returning $90,500p.a. net

Located less than 150 metres* from Cheltenham Railway Station, the property is also within close proximity to the recently completed Ilixir Apartments, a 115 apartment project over 10 levels.

For further information please contact;

CVA Property Consultants: Anthony Carbone 0488 440 190 & Seamus Bolst 0409 230 224
Teska Carson:Tom Maule 0401 636 049 & Matthew Feld 0415 803 348

Additional Info
Features
Lease TermMonthly tenancy
Air ConditionerYes
AvailabilityUpon Settlement
Car Parking Fees0
Car SpacesAt rear
ConditionGood
FloorsCarpet
LiftsNo
Permits IssuedYes
Roller DoorsNo
SprinklersNo
Suitable DevelopmentRetail
ZoningActivity Centre Zone
Outgoings
Owners’ Corporation$3,487.00 approx. pa +GST
Council Rates$4,392.00 approx. pa +GST
Water Rates$1,050.00 approx. pa +GST (excludes usage)
Agent Details
CVA Property Consultants - Anthony Carbone

Anthony Carbone

M | 0488 440 190
T | (03) 9623 2559
E | [email protected]

CVA Property Consultants - Seamus Bolst

Seamus Bolst

T | (03) 9623 2562
E | [email protected]