Renowned development site sales specialists Savills Australia have unveiled three significant development opportunities in some of Melbourne’s most coveted growth areas.
Two of the three development opportunities are located in Greensborough & Heidelberg and contain pre-existing value added development approval.
The sites are permit approved for a 7-level mixed use development and 62 apartments respectively.
54-62 Main Street, Greensborough highlights a substantial 883sqm of prime developable land comprising retail, apartments and serviced apartments designed by award winning architects Peddle Thorp.
The Heidelberg site, located at 13-17 Cartmell Street boasts an approved five level complex comprising some 62 apartments within a striking architecturally designed complex that sits on an elevated block of 1742sqm.
The third site on offer, 843 Whitehorse Road Box Hill, presents as an exceptional corner land holding of some 1972sqm – positioned in one of Melbourne’s largest and most important major activity centres.
Offering short term holding income in addition to a significant development height precedent set of up to 36 levels within the immediate vicinity provides for an outstanding opportunity to capitalise on future growth and a prominent landholding likely to be one of Box Hill’s last major development offerings.
Each of the three development sites are currently listed on Development Ready – offering developers the capacity to contact the exclusive Savills Australia listing agents directly whilst viewing additional information including photo’s, executive summaries and brochures.
Substantial domestic and offshore interest is expected across the board as prime development opportunities continue to be snapped up right across the premier suburbs of Melbourne.