Cheltenham Stage 1

Dan Murphy’s Cheltenham opened in June 2019. A permit has been issued for stage 2. We are finalising an anchor tenant for the ground floor retail with construction due to commence in 2020.

Dan Murphy’s recognised the highexposure location on Bay Road at thegateway to some of Melbourne’s mostprestigious Bayside suburbs of Beaumaris, Black Rock, Sandringham and Hampton. The position is ideal to service these affluent catchments who have limited alternative options, with the closest Dan Murphy’s stores located inBrighton East or Parkdale.

Status: completed
Property Type: Mixed
Site Area: --
‍‍End Value: ---

Cheltenham Stage 2

Why we chose it: Situated on Bay Road in Cheltenham, this $16.5 million development is positioned centrally within the prized bayside locality. It will cater to commercial and industrial use within the newly established Bayside Business District.

Our process: Imagined by renowned architect Watson Young, the commercial aspect comprises 12 separate tenancies, accomodating an array of possible uses. The completed commercial area can be sectioned either vertically or horizontally, accommodating premium office/showroom space over three levels. The industrial aspect offers purposely designed industrial spaces that cater to small businesses and private uses. 

The outcome: The project directly benefits from its position within the blue-chip suburb of Cheltenham and Dan Murphy’s at the front of the development. It presents businesses with a compelling work-life balance in a desired location.

Status: Planning
Property Type: Commercial & Industrial
Site Area: 4,975m²
End Value: $16.5m