318 Charman Road, Cheltenham, VIC 3192

Retail | Development/Land

Sold Contact Agent

10% deposit balance 60 days

  • Property ID: 285381
  • Floor Area: 372m²
  • Land Area: 373m²
  • NBN Availability: Not Currently Available
  • Nearby Parking: Private
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 22/03/2018 372m2 373m2 Contact Agent
Bayside Retail Opportunity to Occupy or Develop

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 Information
Features
  • Availability: Upon Settlement
  • Zoning: Activity Centre Zone
  • Suitable Development: Retail
  • Permits Issued: Yes
  • Lease Term: Monthly tenancy
  • Car Spaces: At rear
  • Condition: Good
  • Air Conditioning: Yes
  • Roller Doors: No
  • Floors: Carpet
  • Lifts: No
  • Sprinklers: No
  • Car Parking Fees: 0
Outgoings
  • Water Rates: $1,050.00 approx. pa +GST (excludes usage)
  • Council Rates: $4,392.00 approx. pa +GST
  • Owners Corp. / Insurance: $3,487.00 approx. pa +GST
Cheltenham Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $5598 $323 5.76%
Industrial $5043 $179 3.54%
Retail $5939 $333 5.60%
This is the average advertised price, rent and yield for Cheltenham, VIC 3192*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 318 Charman Road, Cheltenham, VIC 3192. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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