Substantial Doncaster Hill Landholding – Potential 79 Apartments

Substantial Doncaster Hill Landholding – Potential 79 Apartments


August 2017
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Substantial Doncaster Hill Landholding – Potential 79 Apartments

Located only 17 km east of Melbourne's CBD, this well positioned Doncaster Hill land holding of over 3,763 sqm is justifiably a valuable development site opportunity. Jointly marketed by Savills and Gross Waddell, this site currently has plans submitted for 79 luxury apartments.

With an enviable frontage of 55 metres, one of the key advantages of this site is its premium Doncaster Hill location – in proximity to the famous Westfield Doncaster Shopping Centre and its direct access to the Eastern Freeway and public transport. With a Residential Growth Zone 2 status, this site has potential to provide panoramic views across Melbourne.

Overall, this site is perfectly located in one of Melbourne's most highly desirable residential suburbs with a current median house price of $1,350,000 (Core Logic). Importantly for the prospective investor is that Doncaster has a track record as a proven, successful apartment market

" Doncaster Hill is a highly-sought locality for investors on the lookout for an opportunity to capitalise on proven buyer demand. This site combines the opportunity to construct a volume luxury residential project and importantly offer the end buyer a key prime location – sites like this are rare and therefore in demand” -  Julian HeatherichSavills.

Summary:

- Highly valuable Doncaster Hill landholding of 3,763 sqm
- Plans submitted for 79 luxury apartments
- Residential Growth Zone 2 
- Potential to provide panoramic views across Melbourne
- On the doorstep to prime retail, transportation, education options and more
- Proven high-demand residential market

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

92-96 Williamsons Road, Doncaster is For Sale by Expressions of Interest closing Friday 8th September 2017 at 2pm. For further information contact:

SAVILLS: 

Julian Heatherich - 0412 995 655, Benson Zhou - 0458 488 888

GROSS WADDELL: 

David Li - 0402 986 679, Benjamin Klein - 0433 047 000

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