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Permit Approved Site for 27 High Quality Apartments – Glen Iris

Posted by Development Ready on Mar 20, 2017

Located just 10km south-east from Melbourne's CBD, this prime freehold of 1,020 sqm is a fantastic development offering from the CBRE team of Julian White, David Minty and Nathan Mufale.

This exceptional site, positioned in the sought-after Glen Iris neighbourhood, is Permit Approved. The configuration consists of 27, mixed size, high quality apartments over four (4) levels. 

Overall, this Glen Iris site is perfectly located in very close proximity to retail, dining, numerous educational options, parks and recreation offerings. With a highly desirable land size combined with a generous street frontage of 74m, this site’s dimensions, plans and Approved Permit all represent great upside for the intuitive investor/developer, looking to capitalise on one of Melbourne’s premier suburbs – Glen Iris properties have experienced substantial price grown in recent times.

" Glen Iris is a superb location for a ‘ready to start’, development opportunity. With this property’s Approved Permit, its proximity to Melbourne’s CBD, it’s abundance of nearby lifestyle choices plus the location’s strong buyer preference we expect interest to be strong "  -  Julian White, CBRE.

Summary
- Valuable land holding of 1,020 sqm with generous street frontage of 74m
- Approved permit for 27 apartments over 4 levels
- In the blue-chip suburb of Glen Iris
- 10km to Melbourne CBD, close to Malvern Road café and lifestyle precinct
- Nearby leisure and recreation facilities, including picturesque Gardiners Creek   
  (500m), Central Park (1.2km), and Hedgely Dene Gardens (1.5km).
- Surrounded by exclusive education institutions including: Sacre Coeur, Korowa Anglican
   and Caulfield Grammar schools, plus Monash University only 2.3km

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

222 BURKE ROAD, GLEN IRIS for Sale via Public on-site auction on 
Wednesday 12th April at 12:30pm.

For further information please contact the CBRE Victorian Development Sites Team to register your interest.

Julian White: +61 422 764 137
David Minty: +61 422 564 199
Nathan Mufale: +61 416 789 218

View Listing:  https://www.developmentready.com.au/properties/222-burke-road-glen-iris-vic-3146