Hawthorn’s Lilydale Grove is set for a major overhaul with number 24 being marketed to boutique developers with residential specialists Castran Gilbert appointed to handle the sale.
Situated on a rare elongated block of approximately 270sqm, the site offers approval for a nine story development comprising fifteen two-bedroom apartments appealing directly to both the owner-occupier and investor demographics looking to capitalise on the premium location and access to an abundance of nearby amenity.
As an interim use, the site boasts an existing three bedroom, single level dwelling offering the potential for a six or twelve month lease to be negotiated in lieu of commencing with the endorsed plans.
Renderings highlight an attractive, contemporary facade with apartments featuring outdoor spaces that provide for natural light and an urban outlook over the surrounding precinct.
An expressions of interest campaign closes on the 28th of June, with further information including the listing agents details available here.