Savills Melbourne has introduced a substantial property that’s ripe for development in Roxburgh Park. The site is for sale by expressions of interest with a rapidly approaching closing date of May 17.
Cited by Real Estate Institute of Victoria as one of the top ten most affordable Melbourne suburbs in 2016, Roxburgh Park is an existing haven for couples and families.
This Sommeville Drive property therefore offers a golden opportunity for residential developers, and the land even comes with a pre-approved permit for 53 premium townhouses.
Such a permit, we should mention, may be harder to secure in the coming years as height and density restrictions are intensifying.
A listing such as this one may draw a large amount of interest, if only because of its impending scarcity.
Directly overlooking the instantly recognisable Roxburgh Park ovals and conveniently sandwiched between Roxburgh Park Primary School and Roxburgh College, the development property has many other features and amenities to its credit including:
-A substantial infill site of approximately 6,483 sq m
-General Residential Zone 1 status
-Proximity to Roxburgh Park Shopping Centre and the Roxburgh Park train station
Possibilities abound at this location and demand, as mentioned above, will no doubt be high. If at all interested in the 11-33 Sommeville Drive lot, it’s advisable to reach out immediately. The agents listed below will be happy to take your call and answer any of your questions.
Julian Heatherich - 0412 995 655
Jesse Radisich - 0402 085 702