Hodges Real Estate

89-91 Cavanagh Street Cheltenham

Prime Commercial Property with Development Potential

Smartly renovated and positioned in one of the suburbs most flourishing neighbourhoods, this double fronted commercial property is perfectly suited to a range of pursuits. Located close to bus routes, all of Southland's amenities and just doorsteps to a good coffee.
Zoned for Commercial 1 the property has been comprehensively upgraded to offer two large office spaces in addition to an attractive meeting room and large separate conference room. Extensive storage is also offered along with staff WCs and large kitchen with access out to a substantial parking area for multiple vehicles, which offers convenient access to a rear laneway. Ducted heating and cooling are also offered along with monitored security. An appealing asset for investors, the 205sqm building is currently leased at $44,000 Plus GST pa until 30th June 2019.
While this commercial package requires absolutely no attention, others may take their cue from the neighbour to pursue a boutique apartment development (STCA) on the 377sqm (approx.) allotment. Close to kinders, Le Page Primary and zoned for Cheltenham Secondary College, potential homes on this site would prove popular with investors and families alike.

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More about Cheltenham Real Estate

Cheltenham real estate offers a large variation in houses for sale ranging from period homes through to modern townhouses, affordable apartments to occupy or invest and large family homes with land for a tennis court and pool. Hodges real estate specialises in real estate, property, land, homes for sale, apartments for sale, rental homes and rental apartments in Cheltenham and surrounding suburbs. With over 150 years history combined with the latest in internet technology, Hodges real estate is the local …

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Contact Agent 

Michael Cooney
0418 325 052
Email Michael Cooney

Errol Driver
0418 342 570
Email Errol Driver

Hodges Beaumaris
03 9589 6077
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