5 Barrett Street, Cheltenham, Vic 3192
Sold: $1,027,500 (08-18-2018)- hotel 3
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Demand for land beachside of the highway is enormous, and with opportunities such as this, the battle will be fierce! In a low traffic precinct boasting not only Mentone Girls’ but also Beaumaris Secondary College zoning, this 588sqm (approx.) block of premium land is within Cheltenham’s thriving Activity Centre – allowing for increased development possibilities subject to council approval.
Just a five minute walk from 5 Barrett Street, will find you immersed in the best of Cheltenham – where cafes & bars dish up mouthwatering breakfasts or laidback evening drinks and the Cheltenham station ensures an easy commute to the CBD. On top of that a quick trip south leads to the soft sands of either Mentone or Beaumaris beaches for weekend relaxation.
But the proposition itself is the real drawcard. Offering the scope to easily accommodate a side-by-side pair of executive townhouses (STCA) with a sundrenched northerly rear orientation, the land is currently home to an extremely original 3-BR weatherboard cottage. Be inspired by the beautiful homes either side to undertake an extensive renovation, craft a bespoke family home within coveted zones or instead create that profitable subdivision (STCA).
Moments to Southland, close to a choice of suburban hubs, this sought-after locale is also metres from Cheltenham Primary School and a quick drive to some of Bayside’s best private schools.
For more information please contact Nick Blow on 0411 831 731 from Barry Plant today.
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