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SOLD
1-6/17 Moresby Avenue, Bulleen, VIC, 3105
Development Potential
DETAILS

PREMIUM LANDHOLDING WITH DIVERSIFIED INCOME

SOLD

  • Total site area of 3,002m2*
  • Diversified holding income of $114,000 pa*
  • Six (6) existing townhouses in one line

Colliers International is pleased to present 1-6/17 Moresby Avenue, Bulleen for sale by Auction on Friday, 7th June at 12pm. 

INTERACTIVE 3D MAP

With the advantage of longstanding and diversified holding income from the existing improvements, the site supports a multitude of possibilities to invest, refurbish/value add or develop.

A variety of development outcomes are supported (STCA) given the sites favourable zoning, strong residential suburb profile and proximity to major arterials and prominent destinations. 

Key highlights of this development opportunity are as below:

  • Site improvements include six (6) townhouses all individually titled
  • Total site area of 3,002m2*
  • General Residential Zoning (GRZ1) within the City of Manningham planning scheme
  • Strong and diversified holding income 
  • Well preforming residential suburb with a median house price of $1,177,500**
  • 2.8km* from Westfield Doncaster Shopping Centre
  • Bulleen Plaza and Macedon Plaza are both nearby offering a Woolworths Supermarket, Aldi Supermarket, Coles Supermarket along with a host of assorted specialty stores
  • 13km* north-east of the Melbourne CBD accessible via the Eastern Freeway and public transportation

*Approx
**RP Data

For more information on this development site please contact the Colliers International Development Site Sales team.

Hamish Burgess                                0421 641 497
James Wu 武杨志杰                      0423 675 777
Joe Kairouz                                         0421 430 638
 

Remember to mention you found this property on DevelopmentReady.com.au

DEVELOPMENT SITE SUMMARY
SOLD:
SOLD:
SOLD
Property Area
AREA:
3002 m² (*approx)
Property Type
TYPE:
Residential, Apartment Sites, Townhouse Sites, Units, Apartment Sites, Townhouse Sites, Units
Development Potential
DEVELOPMENT APPROVAL:
Residential Development Opportunity (STCA)

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1-6/17 Moresby Avenue, Bulleen, VIC, 3105
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