Prime Residential Infill Site only 26kms from Melbourne CBD

Prime Residential Infill Site only 26kms from Melbourne CBD


April 2017
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Prime Residential Infill Site only 26kms from Melbourne CBD

This greatly prized land holding of 15,410 sqm has been recognised as a prime residential infill opportunity (STCA). Well positioned only 26kms from Melbourne’s CBD, Doreen is extremely green and surrounded by the foothills of the Yarra Ranges.  Savills, Jesse Radisich, Nick Peden and Julian Heatherich who are exclusively marketing this sale believe this is a sensational investment opportunity to deliver a significant residential development project (STCA). 

Doreen has expanded noticeably over the last decade and boasts close proximity to retail options in adjoining Mernda and Laurimar plus nearby Westfield Plenty Valley and Pacific Epping Shopping Centre. A new premium Train Station adjoining the new town centre (with a new Coles) is under construction in adjoining Mernda, just 3km away and additionally is serviced by extensive education facilities, with Ivanhoe Grammar (Plenty Campus) situated just 1km away.

With its extensive dual street frontages to Bridge Inn and Garden Roads plus additional rear access points this potential subdivision is perfectly located in an expanding home-buyer’s market, where the current median price is $555,000 (source: propertydata.com.au). Its flexible General Residential Zone 1, also provides for a range of development outcomes (STCA).

"The opportunity to secure an enormous site in one of Melbourne’s major growth corridors is extremely rare, especially when you consider the nearby future town centre and train station and the current lifestyle and retail amenity. Accordingly, we encourage prospective buyers to actively consider this exceptional opportunity.”- Jesse Radisich, Savills.

Summary:

- Substantial landholding of 15,410 sqm
- Flexible General Residential Zone 1
- 26kms from Melbourne CBD – high growth location
- Dual street frontages plus additional rear access points
- Close proximity to retail, educational and many other lifestyle options
- Proven buyer demand for nearby residential developments
- Opportunity to deliver a significant resident project

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

100C Garden Road, Doreen is For Private Sale. 

For further information, please contact:

Jesse Radisich - 0402 085 702
Nick Peden - 0402 011 266
Julian Heatherich - 0412 995 655


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