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2. Property Highlights

Significant Development Upside

Ray White Commercial Ferntree Gully is proud to present For Sale by way of Private Sale, a block in Bayswater's busiest retail section. With views to the Dandenong Ranges, this property represents an excellent opportunity for a retail and apartment development (STCA). The current development overlay allows for potential seven (7) story developments.

The existing building offers a net internal area of 350sqm* with three (3) phase power, significant retail, storage and office space.

Eastlink can be accessed in under ten minutes and Bayswater Train Station is walking distance from the site.

Property Features Include:-

- Land Area: 888sqm*
- Building Area: 350sqm*
- Freehold Title
- Development Potential (STCA)
- Potential Future Uses Include: Childcare Centre, Retail Shops, Medical Centre an Apartments (STCA)
- High Profile Position
- Walking Distance to Bayswater Train Station
- 4.3km* to Eastlink
- 35km* to Melbourne CBD
- Commercial 1 Zone (C1Z)

* Approximate

* Subject To Council Approval (STCA)

To arrange an inspection or to obtain a copy of the information memorandum and legal documentation, please contact Mitch Rosam or Paul Waterhouse.

Remember to mention you found this property on DevelopmentReady

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3. Property Location

1 Valentine Street, Bayswater VIC 3153

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4. Due Diligence

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1 Valentine Street, Bayswater VIC 3153 Bayswater