375 Bay Road, Cheltenham, Vic 3192

Relax into the bayside suburb of Cheltenham, a sought after, lifestyle location. Currently home to a much-loved weatherboard, this property offers so many options for families, investors and developers alike.
The existing house is comfortable to live in or rent out whilst you contemplate your options. With scope to revamp and make it your own, this home features three bedrooms serviced by a central bathroom and there is the convenience of a separate toilet. It has two living areas, one being the lounge with a cosy wood fire heater and the other is the family room with a sliding door leading out to a North facing outdoor deck for backyard entertaining.
Positioned on 582sqm (approx) of prime residential land with a 16-metre frontage (approx) and zoned GRZ1, there is potential for multi-level apartments or townhouses (STCA). Situated in the bustling Cheltenham precinct and within close proximity to Southland Shopping Centre and the soon to be completed Southland Railway Station, the potential for this site is superb. A brisk walk will have you at the cosmopolitan Highett Village and the public transport bus network is at the front door to link you to Melbourne’s CBD.
Contact Mark Loft on 0411134798 to arrange an inspection.