For Sale

325 Station Street, BOX HILL SOUTH 3128

  • Building Area 12,627 m²

Expand the Potential

Highlights

  • Land area: 12,627sqm*
  • 47 existing residential dwellings
  • Neighbourhood Residential Zone 5 (NRZ5)

Description

EOI CLOSING: WEDNESDAY 12TH SEPTEMBER 2018 AT 3PM

ICR Property Group are pleased to offer 325 Station Street, Box Hill South to the open market via Expressions of Interest.

This is a rare opportunity to secure 12,627sqm* of land comprising of 47 vacant, single storey residential units and more. The land zoned Neighbourhood Residential Zoned (NRZ5) allows for several potential development opportunities including a townhouse, independent living apartment, a residential aged care facility (STCA) or simply refurbish the existing accommodation so that it can be leased out and kept as an asset.

The combination of the land size with a 73 metre* frontage to Station Street, the exceptional location and further economic growth of the Box Hill precinct, positions this property as an unprecedented opportunity for your next investment or development (STCA).

Key features:
- Land area: 12,627sqm*
- 73 metre* frontage on Station Street
- 47 existing residential dwellings plus a staff office and recreational hall
- Ideal for refurbishment and re-lease of the existing units for education, aged care or student housing (STCA)
- Suitable for townhouse and a residential aged care facility development or a combination of uses (STCA)
- Neighbourhood Residential Zone Schedule 5 (NRZ5)
- Sold with vacant possession

Location:
- Melbourne CBD: 15kms*
- Box Hill Train Station: 2kms*
- Mont Albert Train Station: 3kms*
- Eastern Freeway: 5.3kms*

Amenities:
- Kingswood College: 90m*
- Wattle Park Post Office & Shopping Strip: 1.2kms*
- Box Hill Central: 1.8kms*
- Wattle Park Reserve & Golf Course: 2kms*
- Deakin University: 2.2kms*
- Epworth Eastern Hospital: 2.6kms*
- Box Hill Hospital: 2.8kms*
*Approx

If you would like to know about this property or to organise an inspection, please contact one of ICR-s Exclusive Selling Agents below.

Raff De Luise - +61 (0) 418 533 633

Julian Materia - +61 (0) 498 188 011

Looking to Sell, Lease or Develop your Property? Contact ICR Property Group, the experts in Commercial Real Estate.

Zoning Neighbourhood Residential Zone Council

Whitehorse City Council

Tenure

Vacant

Pricing

All prices are indicative plus GST (if any).

Building Area 12,627 m² Land Area 12,627 m²

Agents

Raff De Luise

Julian Materia

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