56 Challis Street, Newport VIC 3015

An opportunity not to be missed, this iconic corner block is ready to be transformed into something incredible - and the sky is the limit!

This Residential & Commercial development opportunity (STCA), situated in one of Melbourne's most popular suburbs, is a rarity in today's market - and shouldn't be overlooked!

Positioned on the corner of two vibrant streets, Wood Street & Challis Street, this magnificent allotment is zoned Commercial 1 and provides a multi-level development potential (STCA) and a broad range of different building uses including Commercial & Residential mixed-use, Retail, Office, and Child Care (STCA) only to mention a few.

With multiple busy amenities surrounding, such as Newport Lakes primary school, West Newport Kindergarten, Newport lakes reserve and Newport Train station all within walking distance, this property provides an unmatched level of foot-traffic and street front exposure!

Land Area: 405 sq.m (approx)
Zoned: Commercial 1 Zone
Mixed Residential & Commercial Use (STCA)
Close to all forms of Public Transport, Schools & Park-lands