For Sale

  • Beds 6
  • Baths 2
  • Carports 4
Property ID 23816

Permit Approved Site In Residential Growth Zone!

A once in a lifetime opportunity presents itself for development and scope in the hot pocket of Melbourne's Eastern corridor. Rare to find and highly sort after, this double block has had all the hard work already done, selling with permits completed for 38 apartments.

With changes foretasted within the City of Whitehorse for a change in height limit and setbacks the opportunity to build immediately, use the permit as an envelope for scale, or simply land bank with with capital growth souring annually - it gives you the choice and flexibility in an area only on the rise.

- Large double block of 1625sqm (approx.)
- Residential Growth Zone (RGZ2)
- Approved permit for a luxury project of 38 oversized apartments
- Within Box Hill High School Zone
- A short walk to both Blackburn and Laburnum Train Station and multiple bus routes
- Outstanding surrounding amenities include Blackburn Lake Sanctuary, Morton Park, Box Hill Central, North Blackburn Shopping Centre and Blackburn Village Precinct

Taking into account the demographic of the community the permit showcases every apartment to be spacious and flexible allowing the resale market to target downsizers, owner occupiers and astute investors. With the fast growth and rapid scope of Blackburn forever changing over the last 10 years, this is certainly an opportunity you don't want to miss!

Strictly View By Appointment

Conjunctional Agent:
Nelson Alexander Commercial
187 Gertrude Street,
Fitzroy Vic 3065
Simon Verduci - 0419 993 330


Land DetailsLand area 1625 m2


Office Details

Blackburn

location
Suite 2/14-16 Blackburn Road
Blackburn, VIC, 3130
phone
(03) 9894 2044
fax
(03) 9894 2043
email
[email protected]
Agent Details

Anthony Molinaro

Licensed Estate Agent & Auctioneer
phone
(03) 9894 2044
mobile
0411 061 796
view profile
Email Agent

Michael Szitarity

Sales Manager/Auctioneer
phone
(03) 9894 2044
mobile
0419 133 819
view profile
Email Agent