Phone Enquiry ID: 231879
Corner Site Opposite Golf Course | 850m² with Approved Plans & Permits
For Sale Prime Permit-Approved Development Site in Cheltenham, VIC
An exceptional opportunity for developers to acquire a DA approved, corner allotment in a highly sought-after Bayside growth precinct.
Situated on a generous 850m² (approx.) corner block, this premium residential development site comes with approved plans and permits for a striking 4-storey mixed-use building comprising:
3 Ground-Level Retail Shops
17 Modern and Large Apartments including 3 one-bedroom apartments, 9 two-bedroom apartments, 3 three-bedroom apartments and 2 three-bedroom townhouses.
Basement Car Parking
Currently, the site is leased out to give developer time to organize construction and finance.
Key Features:
Prominent corner location in established residential area
Directly opposite public golf courses enjoy uninterrupted green views
Minutes from Cheltenham Train Station
Close to beautiful Beaumaris beach
Moments from Southland Shopping Centre
Surrounded by leading schools including Mentone Girls' Secondary College
Planning risk removed ready to build
Perfectly positioned for strong resale or rental demand, this project combines lifestyle, convenience, and investment appeal in one of Melbourne's fastest-transforming urban pockets.