2 Retail Shops with Value Add Potential in the Heart of Cheltenham’s Activity Centre
Stonebridge Property Group is pleased to present for sale 310-312 Charman Road, Cheltenham.
The key highlights of the opportunity include:
- 2 adjoining Charman Road shops with 10 m* of rare street exposure to Cheltenham’s thriving retail precinct
- The property is partially leased, providing immediate value add or occupier potential (STCA)
- Flexible 357 sqm* Activity Centre zoned landholding with rear access and favourable surrounding height precedent – ideal for future development (STCA)
- 312 Charman Road is currently leased by longstanding tenant McKenzie-Smith Butchers, which boasts a 5-star Google rating
- Strategically located just 50 m* from Cheltenham Train Station – the heavily trafficked station is utilised by 823,400^ commuters annually, providing consistent levels of passing foot traffic
- Positioned within Cheltenham’s prized activity centre precinct, only 750 m* from Westfield Southland Shopping Centre and neighbouring high-density mixed-use developments that underpin the precincts retail activity
- Charman Road is a proven retail location with an eclectic mix of national retailers (Chemist Warehouse, BWS, Domino’s), cafes, restaurants, and local businesses
- The property benefits from a 3-level council car park to the rear boosting property exposure and added tenant/customer convenience
To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Nic Hage
0448 782 594
Rorey James
0439 400 081
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Sarah Xi ???
0468 320 297
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*Approximately
^Source: 2018-2019 FY
Property Code: 716