60 Herald Street, CHELTENHAM VIC 3192
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High-Growth Area With Outstanding Development Potential
An outstanding chance to acquire two prominent side-by-side allotments in a central location, mere moments from Le Page Reserve and minutes from Westfield Southland. Tailored for developers seeking to capitalise on significant investment potential in a coveted, family-friendly area, these sites form an unparalleled opportunity in a high-growth locale, with public transport, parks, the beach and schools all within close reach. Each parcel currently features a single-level dwelling, providing a wide array of options for immediate renovation or rental income while planning a larger project. Collectively spanning 1400sqm, with a generous 30.6m frontage and a depth of 45.7m (approximate), these two substantial blocks present a prime opportunity for a multi-level development or an upscale townhouse undertaking, promising impressive returns in a thriving community. Plans for development are subject to council approval, but the advantage to shape this prime site into a standout project is undeniable. Don't miss your chance to invest in a location with exceptional growth prospects and enduring value.
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