1261 + 1263 Nepean Highway, Cheltenham, VIC 3192

Development/Land | Retail | Industrial

For Sale For Sale By Negotiation

  • Property ID: 390762
  • Floor Area: 750m²
  • Land Area: 1604m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Nepean Hwy Freehold With Huge Development Opportunity

Tsimos Commercial together with Aeon Capital are delighted to offer this extremely rare opportunity.

The property is For Sale By Negotiation and superbly positioned in an irreplaceable Nepean Hwy Cheltenham location within metres from iconic Southland Shopping Centre.


A premium offering with many options.
- 1261 - Currently leased as a Covid testing Site by 4Cyte Pathology for $150,000 with a 1+1 year lease
- 1263 - Builders Storage yard on a monthly tenant Returning $25,000pa plus gst plus outgoings.

Two different development proposals. A previously permitted 8 level Landmark development with huge potential to create a 13 Level development.

• Building Are: 750m2 Approx

• Land Size 1605m2 Approx (1084m2 + 521m2 )

• Existing Modern Fitout

• 18 Onsite Carparks

• Two Titles

This is a unique opportunity to be next to Southland Shopping Centre, opposite major retailers such as Isuzu, Kia, Skoda, McDonalds and other national retailers.

For more information, please contact One of the Exclusive Agents.

Cheltenham Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $6857 $193 2.82%
Industrial $6106 $156 2.55%
Offices $5149 $226 4.39%
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™.
  • 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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