91 Williamsons Road, South Morang, Victoria, 3752
A large landholding of almost 2.8-hectares, in Melbourne’s expanding north, is now open for public tender offering multiple development outcomes for the new owners.
The property is well positioned, being only 350m away from the Middle George Train Station on the Mernda Line, benefitting the end-users of whichever project is pursued.
Knight Frank’s Tim Grant and James Thorpe have been exclusively appointed to market this property. The site will be sold via public tender with the agents receiving offers up until 3pm Thursday 13 December 2018 – unless a suitable agreement is met prior.
After the latest census results were published, it came to light that more people were moving to South Morang than any other suburb in the country. Many cited the extension of the rail network and the improvement of local roads as reason for bolstering the appeal plus the active infrastructure plans and the forecasted on-going population growth.
The Victorian State Government has recently granted approval for the construction of the North East Link, with will connect an upgraded Eastern Freeway to the M80 Ring Road through the construction of Victoria’s longest road tunnel (5-kilometres long).
This link will bring enhanced connectivity for South Morang to the south-east, whilst also alleviating city-bound congestion. Public transport commuters will also benefit from the project with the planned dedicated city-bound bus lane.
The size of this prominent landholding cannot be understated; with over 2.799-hectares at disposal, there is flexability for a multitude of possible development outcomes.
The property is located around 25kms from Melbourne’s CBD and is situated opposite Marymede College, with a further abundance of lifestyle amenity in close proximity. These factors and more make this opportunity well suited to townhouses, aged care, retirement living among many other possibilities; the scope is there, the site is simply awaiting the right insightful owner.
*Please note that all financials, measurements or distances quoted above are approximate only.
For further information please contact the Knight Frank team and mention Development Ready in your interactions.
Tim Grant – 0478 666 275
James Thorpe – 0414 510 071