CVA Property Consultants are proud to present 160 Weatherall Road, Cheltenham for immediate private sale
This 141m2* versatile property comprises a refurbished two bedroom residence at its rear with kitchen, bathroom, living area and rear yard currently leased month to month to a residential tenant for $23,348.04 per annum and a 44m2 retail premises fronting Weatherall Road' providing a projected total combined rental off $45,348.00 per annum.
With a 215m2* land size the property benefits from a 6 metre* frontage to Weatherall Road that overlooks Cheltenham Recreation Reserve, 35 metres* in length to a rear alley way that is serviced by both McNamara Street and Parkside Street and provides endless possibilities given its Mixed-Use Zoning and exposure including ground floor retail/office and multi-level apartments (STCA).
The subject property is conveniently located on Weatherall Road in Cheltenham's local retail strip opposite Cheltenham Reserve. The site is further enhanced by its close proximity to Cheltenham Train Station (950 metres*), Beaumaris North Primary School (1.7 kms*), Beaumaris Primary School (2.5kms*), Cheltenham Primary School (750m*) and MCC sponsored Beaumaris Secondary College (2.2kms*). Also enhancing this position is the Charman Road retail precinct 900 metres* away and Royal Melbourne, Sandringham and Victoria Golf Clubs & parkland surrounding this location.
- Flexible property with retail and rear residence comprising 141m2*
- 44m2 retail premises fronting Weatherall Road
- 2 bedroom refurbished residence at it's rear & currently leased month to month
- Mix Use Zoning (MUZ) alloowing for future mixed use development (STCA)
- Looks over Cheltenham Recreation Reserve