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SOLD
123 Balcombe Road Mentone, VIC, 3194
Development Approved
DETAILS

PERMIT, CONCEPT PLANS & 1161 SQM PARCEL... READY TO GROW

For Sale by Auction: Thu 24-May-18 12:30PM

Bring your business plan and get ready to grow...we've got the land, plans, permits and childcare project to take you into the future. A significant parcel of land edging Mentone's rail, retail and residential hub, this deep approx 1161sqm property is offered with plans and permits for a 95-place childcare centre PLUS an alternative option represented by concept plans for multi-townhouse development. 

Take your place amongst the independent and state schools of this renowned educational precinct and fill the gap in pre-school services with a facility of a size and standard not readily available in the immediate vicinity. Surrounded by high and medium density development, right where blue-chip beachside homes meet the retail strip, this central site is scaled to enhance your childcare offer with abundant parking, great open space and easy accessibility.

Alternatively, look to the residential prospects of this large-scale site and build for a maturing residential market. Offered with clever concept plans (subject to Council Approval) for seven two-storey townhouses, this sea-breeze location is set to meet strong demand for luxury low-maintenance living - with the added benefit of zoning for in-demand Beaumaris and Mentone Girls Secondary Colleges.

Take the educational opportunity, build on residential demand, watch your project grow just 300m to the soon-to-be-upgraded station and Highway link. For more information about this exciting project contact

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

DEVELOPMENT SITE SUMMARY
Auction:
Auction:
Thu 24-May-18 12:30PM
Property Area
AREA:
1161 m² (*approx)
Property Type
TYPE:
Commercial, Residential,
Development Approved
DEVELOPMENT APPROVAL:
95-place childcare centre, Alternate multi-townhouse development
Property Paper
View Statement of Information:

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123 Balcombe Road Mentone, VIC, 3194
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