A Prime Mixed-Use Island in the Social Heart of Melbourne’s North

Posted by Development Ready on Nov 08, 2018

LOT 8 - 5 Nova Circuit, Bundoora, Victoria, 3083 
This exciting development opportunity, in one of Melbourne’s sought-after northern districts, has the foundations laid and is poised ready for triumph. Astute developers and investors are expected to generate a high level of interest in this substantial new offering from the Melbourne Acquisitions team.

Situated within Polaris Estate in Bundoora, this ‘island’ site encompasses a sizeable 8,647sqm and is perfectly suited to a residential style development. Plans have been drawn; this project simply awaits a new proprietor that will realise its full potential.

Dominic Gibson and James Latos of Melbourne Acquisitions have been exclusively appointed to sell LOT 8 - 5 Nova Circuit, Bundoora by tender; potential purchasers are urged to enquire today and submit offers before 4pm Wednesday 12 December 2018.
 

Plans and location that have aligned impeccably

Polaris Estate is a thriving residential apartment and townhouse community and retail centre in the heart of Melbourne's north. This award-winning Master-planned urban precinct comprises of 1,100 residential allotments and over 35 cafés, as well as restaurants, services and a Woolworths and Dan Murphy’s.

Situated within this buzzing social borough is the Nova Circuit island. Plans for 56 townhomes & 4 apartments have been designed and drawn by MGS Architects, leveraging the development site’s established and proven high demand residential location.

As well as being an easy stroll to the retail offerings of Polaris Estate’s shopping district, the property is surrounded by many value-add assets. Bundoora Park Golf Course, Farm and Café are on one side, La Trobe Wildlife Sanctuary on the other. La Trobe University’s Bundoora Campus is also adjacent bringing in a total 24,300 domestic students, 2,700 foreign students plus 2,500 staff.

These amenities ensure that end-users never need leave, but if they wish Melbourne’s CBD is only 14km away and easily accessed by a range of public transport or main roads.
 

Nova Circuit, Bundoora, Summary

  • Land Area: 8,647sqm – an island site.
  • Situated within the award winning, Master-planned urban precinct, Polaris Estate.
  • Plans for 56 townhomes & 4 apartments by MGS Architects.
  • An abundance of park and amenity within easy walking distance.
  • Adjacent to La Trobe University Bundoora Campus.
  • 14km from Melbourne’s CBD
  • For Sale by Public Tender closing 4pm Wednesday 12 December 2018.

*Please note that all financials, measurements or distances quoted above are approximate only.

For further information please contact the Melbourne Acquisition team and mention Development Ready in your interactions.
Dominic Gibson (0409 366 941) and James Latos (0437 537 957)

To view more details on the listing click here.