Information Memorandum_10,148 Chesterville Road, Cheltenham

Page 1


As Melbourne’s leading independent commercial property agency, we take pride in creating worth across all four points of this city.

01. Point of Interest 02. Point of View

Property Features 04. Property Particulars 05. Location

06. Sales Process

07. Appendices Title Plan Zoning and Overlays

Sitting proud within the Pellicano Complex, this 335 sqm* impressive hybrid brings the balance between brains and brawn — with 219 sqm* of dual-level office up front and 116 sqm* of high-clearance warehouse behind. Smart fit-out, strong functionality, and a location that’s hard to beat, you’ve got 100 amps of threephase power here, NBN, and 5 allocated car parks to play with, while being perfectly positioned in the thick of Moorabbin’s industrial heartland.

The property connects easily to Warrigal Road, South Road, and the Nepean, with Southland Shopping Centre and an on-site café keeping convenience close by. Whether you’re a local business ready to own your base, or an SMSF buyer chasing something solid and self-managed, this is one of those rare spaces that looks good on paper — and even better in person.

335 sqm*

219 sqm*

5 1 km* Connected Industrial 1

High-clearance warehouse.

Convenient 116 sqm*

Total building area.
Dual-level office space.
Allocated car spaces. To the Nepean.
100 amp three-phase power and NBN. Zone.
Southland Shopping Centre is moments away.

In a market where most warehouses feel the same, this one dresses a little differently— a higher office-to-warehouse ratio, with Pellicano polish, practicality, and presence that knows its place.

“A rare blend of premium office space and functional warehouse in a prime Cheltenham location — perfect for businesses seeking quality, convenience, and connectivity.”

Tim Cooney | 0468 860 737 tim.cooney@cva.melbourne Director | Southern Region

After nearly two decades of experience across Australia and London, Tim brings a global perspective to local deals — paired with a distinctly Melbourne sense of approachability. Since joining CVA in 2021, he’s become known for his attention to detail, proactive mindset, and long-game thinking. For Tim, commercial real estate isn’t about chasing transactions, but building partnerships. He thrives on developing genuine, long-term relationships and takes the time to understand not just what clients want now, but what they’ll need next. Tim blends strategic thinking with day-to-day diligence, whether he’s running a campaign, structuring a deal or mapping out a multi-year leasing strategy, his goal is the same: deliver value, build trust, and exceed expectations.

“Modern, well-balanced, and built for performance — an ideal choice for occupiers or investors wanting value in one of Melbourne’s most soughtafter industrial precincts.”

Stirling Findlay | 0481 848 240 stirling.findlay@cva.melbourne Property Executive | Southern Region

Honest. Ambitious. Professional. From scaffolding sites to sales doors, Stirling built his work ethic the hard way — early starts, long days and zero shortcuts. But it was in commercial real estate that he found his stride: where discipline meets people, hustle meets strategy, and every move is about doing right by clients — helping each make decisions that matter, not just closing deals. Because Stirling knows, real estate can be complicated — but it doesn’t have to be. As the bridge, he spots opportunities, clears obstacles, and keeps clients connected to what matters most. The outcome? Smarter strategies, stronger deals, and relationships that last well beyond the contract.

Designed for performance and presentation, this modern hybrid facility within the Pellicano Complex showcases a high-quality fit-out across both office and warehouse components — the perfect balance of functionality and corporate appeal.

The dual-level office of approximately 219 sqm* features a welcoming reception area with a tiled entry, builtin counter, and a combination of open-plan and partitioned offices. Commercial-grade carpet, suspended acoustic ceilings, and LED lighting create a bright and professional working environment. The modern staircase links both levels seamlessly, supported by air-conditioning throughout and ample natural light for everyday comfort and efficiency.

At the rear, the 116 sqm high-clearance warehouse* offers robust practicality with sealed concrete flooring, exposed steel beams, and LED lighting. Accessed via a motorised roller door, the warehouse includes 100 amps of three-phase power and a split-system air-conditioner — ideal for storage, light manufacturing, or distribution. A mezzanine level provides additional storage or workspace flexibility, accessed by internal steel stairs.

Externally, the property provides five allocated car parks, excellent driveway access, and a modern façade reflecting Pellicano’s trademark quality. The complex is well-maintained, with an on-site café and proximity to Southland Shopping Centre enhancing day-to-day convenience.

Overall, the improvements at 10/148 Chesterville Road deliver a rare blend of polish, practicality, and presence — a workspace built to perform and impress.

Principle Outgoings *

Council rates

Water rates

Owners corporation

Land tax

$2,984 p.a. (2025)

$842 p.a. (2025)

$7,915 p.a. (2025)

$975 p.a.* (2025-Single Holding)

Site Details Frontage to street 13.27 metres*

Western side boundary 13.16 metres*

Northern side boundary 17.63 metres*

Southern side boundary 13.46 metres*

Total site area

Title particulars

sqm*

Certificate of Title — Volume 10670 Folio 166 Lot. 10 PS501815

Zoning Industrial 1 Zone (IN1Z)

Municipality City of Kingston

All signs point to: Chesterville Road.

Chesterville Road is one of Cheltenham’s most sought-after business addresses — a thriving hub that combines connectivity, convenience, and commercial strength. Here are some notable aspects and benefits of buying property in this area:

Prime Connectivity:

Perfectly positioned between Warrigal Road, South Road, and the Nepean Highway, Chesterville Road provides direct links to Melbourne’s key arterial networks, ensuring smooth travel for staff, clients, and freight. The area’s easy access to major transport routes also places the CBD, airport, and bayside suburbs within convenient reach, supporting both local and regional business activity.

Thriving Commercial Precinct:

Chesterville Road is at the centre of Moorabbin’s bustling industrial and commercial district, surrounded by a vibrant mix of logistics, manufacturing, retail, and service businesses. This dynamic ecosystem creates strong opportunities for collaboration, supplier partnerships, and customer access — fostering growth in one of Melbourne’s most resilient business communities.

Proximity to Key Amenities:

With Westfield Southland Shopping Centre just moments away, the location offers exceptional convenience for staff and clients alike. On-site cafés and nearby eateries provide excellent options for meetings and breaks, while the surrounding area features banks, gyms, and public transport, creating a well-rounded business environment that supports productivity and wellbeing.

Established Infrastructure:

The precinct benefits from modern industrial developments, NBN connectivity, and ample on-site parking, all within a well-maintained business park setting. Wide internal roads and efficient access points accommodate both staff vehicles and delivery trucks, while recent upgrades across the area enhance connectivity and long-term operational efficiency.

Strong Business Reputation & Growth:

Chesterville Road has built a solid reputation as a professional, high-performing business address that continues to attract quality occupiers and investors. Ongoing development and infrastructure investment in the Cheltenham–Moorabbin corridor contribute to rising property values and sustained demand, making it an ideal base for businesses seeking stability, visibility, and growth potential.

AND THE POINT?

A modern, well-appointed hybrid office-warehouse that delivers the perfect mix of presentation and practicality — positioned in one of Cheltenham’s most connected commercial hubs.

All signs point to: Cheltenham

Cheltenham has evolved into one of Melbourne’s most sought-after commercial and industrial destinations, combining strong infrastructure, prime connectivity, and a thriving business community. Perfectly positioned near Nepean Highway, Warrigal Road, South Road, and Dingley Bypass, it offers effortless access to the CBD, Port of Melbourne, and key surrounding precincts. The area supports a diverse mix of enterprises — from advanced manufacturing and logistics to retail, construction, and professional services — creating a dynamic ecosystem where business opportunities naturally intersect.

Anchored by Westfield Southland Shopping Centre and surrounded by cafés, gyms, and essential amenities, Cheltenham ensures convenience for staff, clients, and customers alike. Excellent public transport links, including Cheltenham Train Station and local bus routes, make commuting easy, while

the nearby Bayside suburbs enhance lifestyle appeal for business owners and employees. With continued investment in local infrastructure, urban renewal, and transport connectivity, Cheltenham represents a strategic, future-ready location that continues to attract quality operators and longterm investment confidence.

And the point?

Smart, modern, and superbly positioned — this property combines a high-quality office fit-out with functional warehouse capability in one of Cheltenham’s most connected business pockets. Offering Pellicano-built quality, excellent access, and everyday convenience, it’s the kind of asset that delivers both professional presence and practical performance. Whether you’re looking to own your base or strengthen your portfolio, this is a space that works as hard as you do.

The Morris Moor food and entertainment hub is just a 4-minute drive from the property.

Private Sale Process

At CVA, we are dedicated to providing a professional and transparent experience throughout the private sale process.

To ensure clarity and fairness, we have outlined the key steps below, allowing prospective purchasers to fully understand the process when submitting an offer.

1. Submitting Offers

Offers can be submitted at any point during the private sale period, as there is no fixed closing date. We recommend that all interested parties submit their strongest offer using the provided documentation, ensuring all fields are completed and the form is signed. Once submitted, your offer will be promptly presented to the vendor for consideration.

2. Review Process

Upon receipt, all offers are carefully reviewed by the vendor. We will communicate any feedback or decisions regarding your offer in a timely manner. Unlike auctions or formal Expressions of Interest campaigns, the private sale allows the vendor the flexibility to accept, negotiate, or decline offers at their discretion as they are received.

3. Contract and Settlement

Should your offer be accepted, a formal contract of sale will be prepared. At this stage, a deposit may be required to secure the property. The agreed terms of the contract, including the settlement period, will then be finalised between the buyer and vendor.

We strive to maintain open communication and provide professional guidance throughout the private sale process, ensuring a seamless experience for all parties involved.

For more information, contact

Tim Cooney

0468 860 737

tim.cooney@ cva.melbourne

Stirling Findlay

0481 848 240 stirling.findlay@ cva.melbourne

For more information, contact

Tim Cooney

0468 860 737

tim.cooney@ cva.melbourne

Stirling Findlay

0481 848 240 stirling.findlay@ cva.melbourne

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33 01-1

14/01/2025 VC237

INDUSTRIAL1

ShownontheplanningschememapasIN1Z

Purpose

ToimplementtheMunicipalPlanningStrategyandthePlanningPolicyFramework

To provide for manufacturing industry, the storage and distribution of goods and associated uses inamannerwhichdoesnotaffectthesafetyandamenityoflocalcommunities

Table of uses

Section 1 - Permit not required

Use Condition

Automated collection point

Convenience shop

Crop raising

Grazing animal production

Home based business

Industry (other than Materials recycling and Transfer station)

Must meet the requirements of Clause 52.13-3 and 52.13-5.

The gross floor area of all buildings must not exceed 50 square metres.

Must not be a purpose listed in the table to Clause 53.10 with no threshold distance specified.

The land must be at least the following distances from land (not a road) which is in anActivity Centre Zone, Capital City Zone, Commercial 1 Zone, Docklands Zone, residential zone or Rural Living Zone, land used for a hospital, an education centre or a corrective institution or land in a PublicAcquisition Overlay to be acquired for a hospital, an education centre or a corrective institution:

The threshold distance, for a purpose listed in the table to Clause 53.10.

30 metres, for a purpose not listed in the table to Clause 53.10.

Must not:

Exceed a fire protection quantity under the Dangerous Goods (StorageandHandling)Regulations2022.

Require a notification under the Occupational Health and Safety Regulations2017.

Require a licence under the Dangerous Goods (Explosives) Regulations2011

Require a licence under the Dangerous Goods (HCDG) Regulations 2016.

Must not adversely affect the amenity of the neighbourhood, including through the:

Transport of materials, goods or commodities to or from the land.

Appearance of any stored goods or materials.

Informal outdoor recreation

Mail centre Railway

Service station

Emission of noise, artificial light, vibration, odour, fumes, smoke, vapour, steam, soot, ash, dust, waste water, waste products, grit or oil.

Shipping container storage

The land must be at least 30 metres from land (not a road) which is in an Activity Centre Zone, Capital City Zone, Commercial 1 Zone, Docklands Zone, residential zone or Rural Living Zone, land used for a hospital, an education centre or a corrective institution or land in a PublicAcquisition Overlay to be acquired for a hospital, an education centre or a corrective institution.

Must not adversely affect the amenity of the neighbourhood, including through the:

Transport of materials, goods or commodities to or from the land.

Appearance of any stored goods or materials.

Emission of noise, artificial light, vibration, odour, fumes, smoke, vapour, steam, soot, ash, dust, waste water, waste products, grit or oil.

Must not be a purpose listed in the table to Clause 53.10 with no threshold distance specified.

The land must be at least the following distances from land (not a road) which is in anActivity Centre Zone, Capital City Zone, Commercial 1 Zone, Docklands Zone, residential zone or Rural Living Zone, land used for a hospital, an education centre or a corrective institution or land in a PublicAcquisition Overlay to be acquired for a hospital, an education centre or a corrective institution:

The threshold distance, for a purpose listed in the table to Clause 53.10. 100 metres, for a purpose not listed in the table to Clause 53.10.

Must not:

Exceed a fire protection quantity under the Dangerous Goods (StorageandHandling)Regulations2022.

Require a notification under the Occupational Health and Safety Regulations2017

Require a licence under the Dangerous Goods (Explosives) Regulations2011

Require a licence under the Dangerous Goods (HCDG) Regulations 2016.

The site must adjoin, or have access to, a road in a Transport Zone 2 or a Transport Zone 3.

Shipping containers must be setback at least 9 metres from a road in a Transport Zone 2 or aTransport Zone 3.

The height of shipping container stacks must not exceed 6 containers or 16 metres, whichever is the lesser

Must not adversely affect the amenity of the neighbourhood, including through the:

Take away food premises

Tramway

Warehouse (other than Mail centre and Shipping container storage)

Condition

Transport of materials, goods or commodities to or from the land.

Appearance of any stored goods or materials.

Emission of noise, artificial light, vibration, odour, fumes, smoke, vapour, steam, soot, ash, dust, waste water, waste products, grit or oil.

Must not be a purpose listed in the table to Clause 53.10 with no threshold distance specified.

The land must be at least the following distances from land (not a road) which is in anActivity Centre Zone, Capital City Zone, Commercial 1 Zone, Docklands Zone, residential zone or Rural Living Zone, land used for a hospital, an education centre or a corrective institution or land in a PublicAcquisition Overlay to be acquired for a hospital, an education centre or a corrective institution:

The threshold distance, for a purpose listed in the table to Clause 53.10.

30 metres, for a purpose not listed in the table to Clause 53.10.

Must not:

Exceed a fire protection quantity under the Dangerous Goods (StorageandHandling)Regulations2022.

Require a notification under the Occupational Health and Safety Regulations2017

Require a licence under the Dangerous Goods (Explosives) Regulations2011

Require a licence under Dangerous Goods (HCDG) Regulations 2016.

Must not adversely affect the amenity of the neighbourhood, including through the:

Transport of materials, goods or commodities to or from the land.

Appearance of any stored goods or materials.

Emission of noise, artificial light, vibration, odour, fumes, smoke, vapour, steam, soot, ash, dust, waste water, waste products, grit or oil.

Any use listed in Clause 62.01

Must meet the requirements of Clause 62.01.

Section 2 - Permit required Use Condition

Adult sex product shop Must be at least 200 metres (measured by the shortest route reasonably accessible on foot) from a residential zone or land used for a hospital, primary school or secondary school or land in a PublicAcquisition Overlay to be acquired for a hospital, primary school or secondary school.

Agriculture (other thanApiculture, Crop raising, Grazing animal production, Intensive animal production, Pig farm and Poultry farm)

Caretaker's house

Container deposit scheme centre

Education centre

Leisure and recreation (other than Informal outdoor recreation)

Materials recycling

Office

Place of assembly (other than Carnival, Cinema based entertainment facility and Circus)

Restricted retail premises

Retail premises (other than Shop and Take away food premises)

Sex services premises

Transfer station (other than Automated collection point and Container deposit scheme centre )

Must not be a primary or secondary school.

Utility installation (other than Minor utility installation and Telecommunications facility).

The land must be at least 30 metres from land (not a road) which is in anActivity Centre Zone, Capital City Zone, Commercial 1 Zone, Docklands Zone, residential zone or Rural Living Zone or land used for a hospital, an education centre or a corrective institution or land in a PublicAcquisition Overlay to be acquired for a hospital, an education centre or a corrective institution.

The leasable floor area must not exceed the amount specified in the schedule to this zone.

Any other use not in Section 1 or 3

The land must be at least 30 metres from land (not a road) which is in anActivity Centre Zone, Capital City Zone, Commercial 1 Zone, Docklands Zone, residential zone or Rural Living Zone or land used for a hospital, an education centre a corrective institution or land in a PublicAcquisition Overlay to be acquired for a hospital, an education centre or a corrective institution.

Any gas holder, or sewerage or refuse treatment or disposal works, must be at least 30 metres from land (not a road) which is in anActivity Centre Zone, Capital City Zone, Commercial 1 Zone, Docklands Zone, residential zone or Rural Living Zone, land used for a hospital, an education centre or a corrective institution or land in a PublicAcquisition Overlay to be acquired for a hospital, an education centre or a corrective institution.

33.01-2

14/01/2025

Section 3 - Prohibited Use

Accommodation (other than Caretaker's house)

Cinema based entertainment facility

Hospital

Intensive animal production

Pig farm

Poultry farm

Shop (other thanAdult sex product shop, Convenience shop, Restricted retail premises and Sex services premises)

Use of land

Application requirements

An application to use land for an industry or warehouse must be accompanied by the following information,asappropriate:

Thepurposeoftheuseandthetypesofprocessestobeutilised.

Thetypeandquantityofgoodstobestored,processedorproduced. Howlandnotrequiredforimmediateuseistobemaintained

Whether a Development Licence, Operating Licence, Permit or Registration is required from theEnvironmentProtectionAuthority

Whether a notification under the Occupational Health and Safety Regulations 2017 is required, a licence under the Dangerous Goods Act 1985 is required, or a fire protection quantityundertheDangerousGoods(StorageandHandling)Regulations2022isexceeded.

Thelikelyeffects,ifany,ontheneighbourhood,including:

– Noiselevels – Air-borneemissions

– Emissionstolandorwater

– Traffic,includingthehoursofdeliveryanddespatch.

– Lightspillorglare.

Decision guidelines

Before deciding on an application, in addition to the decision guidelines in Clause 65, the responsibleauthoritymustconsider,asappropriate:

TheMunicipalPlanningStrategyandthePlanningPolicyFramework

The effect that the use may have on nearby existing or proposed residential areas or other uses which are sensitive to industrial off-site effects, having regard to any comments or directionsofthereferralauthorities.

Theeffectthatnearbyindustriesmayhaveontheproposeduse

33.01-3

31/07/2018 VC148

Thedrainageoftheland

Theavailabilityofandconnectiontoservices

Theeffectoftraffictobegeneratedonroads

Theinterimuseofthosepartsofthelandnotrequiredfortheproposeduse.

Subdivision

Permit requirement

Apermitisrequiredtosubdivideland.

VicSmart applications

Subject to Clause 7106, an application under this clause for a development specified in Column 1 is a class of VicSmart application and must be assessed against the provision specified in Column2

Class of application

Subdivide land to realign the common boundary between 2 lots where:

The area of either lot is reduced by less than 15 percent.

The general direction of the common boundary does not change.

Subdivide land into lots each containing an existing building or car parking space where:

The buildings or car parking spaces have been constructed in accordance with the provisions of this scheme or a permit issued under this scheme.

An occupancy permit or a certificate of final inspection has been issued under the Building Regulations in relation to the buildings within 5 years prior to the application for a permit for subdivision.

Subdivide land into 2 lots if:

The construction of a building or the construction or carrying out of works on the land:

– Has been approved under this scheme or by a permit issued under this scheme and the permit has not expired.

– Has started lawfully

The subdivision does not create a vacant lot.

Exemption from notice and review

Information requirements and decision guidelines

Clause 59.01

Clause 59.02

Clause 59.02

An application is exempt from the notice requirements of section 52(1)(a), (b) and (d), the decision requirements of section 64(1), (2) and (3) and the review rights of section 82(1) of the Act. This exemption does not apply to land within 30 metres of land (not a road) which is in a residentialzoneorlandusedforahospitaloraneducationcentreorlandinaPublicAcquisition Overlaytobeacquiredforahospitaloraneducationcentre

33.01-4

15/03/2024 VC256

Decision guidelines

Before deciding on an application, in addition to the decision guidelines in Clause 65, the responsibleauthoritymustconsider,asappropriate:

TheMunicipalPlanningStrategyandthePlanningPolicyFramework

Anynaturalorculturalvaluesonorneartheland Streetscapecharacter.

Landscapetreatment.

Interfacewithnon-industrialareas.

Buildings and works

Permit requirement

Apermitisrequiredtoconstructabuildingorconstructorcarryoutworks.

Thisdoesnotapplyto:

Abuilding or works which rearrange, alter or renew plant if the area or height of the plant is notincreased

Abuildingorworkswhichareusedforcropraisingorinformaloutdoorrecreation

Arainwater tank with a capacity of more than 10,000 litres if the following requirements are met:

– The rainwater tank is not located within the building’s setback from a street (other than a lane)

– Therainwatertankisnohigherthantheexistingbuildingonthesite

– The rainwater tank is not located in an area that is provided for car parking, loading, unloadingoraccessway.

A building or works which are used for grazing animal production, except for permanent or fixed feeding infrastructure for seasonal or supplementary feeding constructed within 100 metresof:

– Awaterway,wetlandordesignatedfloodplain

– Adwellingnotinthesameownership

– Aresidentialorurbangrowthzone

VicSmart applications

Subject to Clause 7106, an application under this clause for a development specified in Column 1 is a class of VicSmart application and must be assessed against the provision specified in Column2.

Class of application

Construct a building or construct or carry out works with an estimated cost of up to $1,000,000 where the land is not:

Within 30 metres of land (not a road) which is in a residential zone.

Used for a purpose listed in the table to Clause 53.10.

Used for anAdult sex product shop.

Information requirements and decision guidelines

Clause 59.04

Application requirements

An application to construct a building or construct or carry out works must be accompanied by thefollowinginformation,asappropriate:

Aplandrawntoscalewhichshows:

– Theboundariesanddimensionsofthesite

– Adjoiningroads.

– Relevantgroundlevels.

– Thelayoutofexistingandproposedbuildingsandworks.

– Drivewaysandvehicleparkingandloadingareas

– Proposedlandscapeareas

– Externalstorageandwastetreatmentareas

Elevationdrawingstoscalewhichshowthecolourandmaterialsofallbuildingsandworks

Constructiondetailsofalldrainageworks,drivewaysandvehicleparkingandloadingareas.

Alandscape layout which includes the description of vegetation to be planted, the surfaces to beconstructed,asiteworksspecificationandthemethodofpreparing,draining,wateringand maintainingthelandscapearea

Exemption from notice and review

An application is exempt from the notice requirements of section 52(1)(a), (b) and (d), the decision requirements of section 64(1), (2) and (3) and the review rights of section 82(1) of the Act.Thisexemptiondoesnotapplytoanapplicationforabuildingorworkswithin30metresof land (not a road) which is in a residential zone or land used for a hospital or an education centre orlandinaPublicAcquisitionOverlaytobeacquiredforahospitaloraneducationcentre.

Decision guidelines

Before deciding on an application, in addition to the decision guidelines in Clause 65, the responsibleauthoritymustconsider,asappropriate:

TheMunicipalPlanningStrategyandthePlanningPolicyFramework

Anynaturalorculturalvaluesonorneartheland.

Streetscapecharacter.

Builtform

Landscapetreatment

Interfacewithnon-industrialareas

Parkingandsiteaccess

Loadingandserviceareas.

Outdoorstorage.

Lighting.

Stormwaterdischarge

Maintenance

All buildings and works must be maintained in good order and appearance to the satisfaction of theresponsibleauthority

33.01-5

SignrequirementsareatClause52.05.ThiszoneisinCategory2.

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