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Golden Triangle Development Opportunity with Approved Plans on Approx. 913sqm
Positioned within Cheltenham's tightly held and highly sought-after Golden Triangle precinct, this substantial landholding of approximately 913sqm presents an exceptional opportunity for developers, investors, builders or families seeking future upside in a blue-chip bayside location.
Offered with approved plans and permits for three expansive luxury townhouses/homes, the site combines scale, flexibility and strong resale evidence within one of Cheltenham's most desirable residential pockets. Recent nearby sales, including the outstanding result achieved at 1A Hallinan Court that sold for $1,725,000, further reinforce the premium demand for high-end new homes within the area.
The existing solid brick residence also offers immediate functionality and flexibility, allowing buyers the option to renovate, extend, lease out or enjoy the generous backyard while planning their next move.
Surrounded by quality homes and family amenities, the location delivers an enviable lifestyle just moments from Southland, Cheltenham Village, elite golf courses, parklands, leading schools and transport connections, with beautiful bayside beaches only minutes away.
Key Features:
• Approx. 913sqm of premium Golden Triangle land
• Approved plans and permits for three luxury residences
• Strong surrounding resale evidence for completed projects
• Existing solid brick home with renovation potential
• Wide appeal for developers, builders, investors and families
• Prestigious cul-de-sac position within a blue-chip precinct
Also available nearby is 49 Follett Road, Cheltenham - another premium Golden Triangle development opportunity with approved plans, engineering and near shovel-ready status. Vendors are open to discussing a package acquisition of both sites.
PLEASE NOTE:*
Every precaution has been taken to establish the accuracy of the above information; however, it does not constitute any representation by the vendor or agent.
Photo ID required at all Open for Inspections.
Offered with approved plans and permits for three expansive luxury townhouses/homes, the site combines scale, flexibility and strong resale evidence within one of Cheltenham's most desirable residential pockets. Recent nearby sales, including the outstanding result achieved at 1A Hallinan Court that sold for $1,725,000, further reinforce the premium demand for high-end new homes within the area.
The existing solid brick residence also offers immediate functionality and flexibility, allowing buyers the option to renovate, extend, lease out or enjoy the generous backyard while planning their next move.
Surrounded by quality homes and family amenities, the location delivers an enviable lifestyle just moments from Southland, Cheltenham Village, elite golf courses, parklands, leading schools and transport connections, with beautiful bayside beaches only minutes away.
Key Features:
• Approx. 913sqm of premium Golden Triangle land
• Approved plans and permits for three luxury residences
• Strong surrounding resale evidence for completed projects
• Existing solid brick home with renovation potential
• Wide appeal for developers, builders, investors and families
• Prestigious cul-de-sac position within a blue-chip precinct
Also available nearby is 49 Follett Road, Cheltenham - another premium Golden Triangle development opportunity with approved plans, engineering and near shovel-ready status. Vendors are open to discussing a package acquisition of both sites.
PLEASE NOTE:*
Every precaution has been taken to establish the accuracy of the above information; however, it does not constitute any representation by the vendor or agent.
Photo ID required at all Open for Inspections.
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
Due diligence checklist for home and residential property buyers.