152-158 Weatherall Road, Cheltenham VIC 3192

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.