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SOLD
106 -126 Main Street, GREENSBOROUGH, VIC 3088
Development Potential
DETAILS

INVEST OR DEVELOP – MAJOR 5,778SQM* GATEWAY SITE

THE PROPERTY

+ Landmark 5,778sqm* corner site with combined frontage of 143m*

+ Eight existing tenancies, across a GLA of 3,306sqm* providing strong passing net income of $505,939* per annum, WALE OF 2.2 years

+ Nominated as a key strategic development site with the most favourable height allowance (89m AHD) over any other property within the Activity Centre

THE LOCATION

+ Prime Activity Centre Zone location opposite Greensborough Plaza, featuring Coles, Kmart, Target and other major retailers

+ Located within a high-performing retail precinct with zero vacancy

+ Close proximity to major universities including RMIT Bundoora (4km*) and La Trobe (5km*)

+ Only 100m* to Greensborough Train Station linking directly to the Melbourne CBD in 38minutes*

+ Situated in a picturesque north-eastern suburb of Melbourne which has experienced 13% capital growth in median house price and 10% unit price growth over the past 12 months

EXPRESSIONS OF INTEREST NOW CLOSED

For information please contact the CBRE team to register your interest.

Julian White

+61 422 764 137

David Minty

+61 422 564 199

Kevin Tong

+61 422 848 818

*approx

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

DEVELOPMENT SITE SUMMARY
EOI:
EOI:
EXPRESSIONS OF INTEREST NOW CLOSED
Property Area
AREA:
5778 m² (*approx)
Property Type
TYPE:
Commercial, Residential, Mixed Use, Apartment Sites, Office, Other, Apartment Sites, Office, Other
Development Potential
DEVELOPMENT APPROVAL:
Favourable height allowance (89m AHD) over any other property within the Activity Centre

Due Diligence Tool

106 -126 Main Street, GREENSBOROUGH, VIC 3088

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