49 Jean Street, Cheltenham, Vic 3192

Large land: located within Kingston Council, zoned GRZ2 provides an Apartment, Multi Unit or Townhouse Development Site (STCA).

Located right beside Southland Shopping Centre, and its soon to be built railway station, with the possibility to build to 3 stories, this development site of 860sqm (9257sqft), 55.5m (182ft) x 28.3m (x 93ft) x 50.2 (165ft) x 11.9 (39ft) approx. located in Cheltenham?s Southland Activity Zone and sited beside Southland Shopping Centre. The land is zoned ?General Residential Zone - Schedule 2 (GRZ 2)?. The home located on site currently does have tenants whose rent can help offset costs whilst getting plans and permits in place.

• Land Size ? 860sqm (9257 sqft), 55.5m (182ft) x 28.3m (x 93ft) x 50.2 (165ft) x 11.9 (39ft) approx.
• Zoned - General Residential Zone - Schedule 2 (GRZ2)
• Multi-unit / townhouse / apartment development (STCA)
• Rental return of $ 325 weekly

This prime location offers magnificent development potential in a blue chip location. PTV (Public Transport of Victoria) in conjunction with Westfield Shopping Centre will soon be constructing Southland Station as a neighbour to this site. The land comes with wonderful access to buses (and soon trains) to attend any of the wide choice of public and private schools in the area. Pack the golf clubs ? this home is central to the sand belt area ? all Melbourne?s famous golf clubs are nearby, driving ranges as well. Bring the beach toys, pack the bikes, glorious sandy beaches along with Beach Rd?s ?Route 33: the world's premier cycle training route? are close at hand. Tennis clubs, gyms, bowling greens all abound in the area ? sport and recreation enthusiasts with never been short on venues in this area. For cafe lovers you will be located right in the heart of the Bay side cafe set ? Brighton to Mordialloc ? wonderful cafes are everywhere.

Carpe Diem - Seize this fantastic opportunity for your next development!