300 Bay Road & 365 Reserve Road, Cheltenham, Vic 3192

JLL & Nichols Crowder is thrilled to exclusively offer for sale 300 Bay Road & 365 Reserve Road, Cheltenham.

This commercial development site is in the heart of Cheltenham’s industrial precinct, situated just 21km* from the CBD and in proximity to Nepean Hwy (1.2km’s*) and affluent residential suburbs: Brighton, Hampton and Sandringham.

The lots can be purchased separately or in one line and provides occupiers & developers the opportunity to acquire rare land in Melbourne’s Bayside region.
300 Bay Road: 9,217sqm*
+ Lots 14 & 18 on the plan of subdivision
+ Three street frontages - Bay Road, Reserve Road and Melaleuca Drive
+ Suited to small industrial, self-storage, high-profile retail, childcare, medical, data centre (STCA)

365 Reserve Road: 2,394sqm* 
+ Lot 17 on the plan of subdivision
+ Two street frontages - Reserve Road and Melaleuca Drive
+ Suited to an owner-occupier building of approx. 1,200sqm*, or multiple showrooms fronting Reserve Road (STCA)

Key site advantages:
+ Zoned Commercial 2 (C2Z) in the City of Bayside.
+ High profile location with thousands of passing cars daily
+ Large residential catchment providing excellent access to a white and blue collar workforce
+ Destination precinct with unsurpassed retail potential
+ Multitude of development potential: Industrial, self-storage, hotels, healthcare, retail (STCP)

The property is for sale via On-market Expressions of Interest (EOI), closing 3.00pm AEST Tuesday 26th August 2025. All offers are to be submitted to the exclusive marketing agents before the closing time.

For further information or to arrange an inspection, please contact the exclusively appointed agents.