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13 Railway Road, Blackburn, VIC 3130
Blackburn
POINT OF INTEREST:
A suburb known for its evergreen community meets an opportunity to build upon those very foundations. The significance of the land bank is in the dual-street address, with a total of 4,082 sqm* of tightly-held Blackburn investment. Furthermore, a 2,260 sqm* building catering for aged care, SRS, or speciality healthcare facilities — or in other words, an already purpose-built asset for assisted living featuring 45 bedrooms & bathrooms, commercial kitchen, dining and seating areas and numerous green outdoor garden areas.
Those in the know will recognise the potential for even further development here, to either expand upon the existing foundation for complimentary uses or to repurpose the site for something entirely different — a multi-level residential project, perhaps. These roots connect to a well-maintained, quiet and leafy suburb where locals thrive. Blackburn Lake Sanctuary is merely a 15-minute walk from here, South Road’s local cafes and shops are a much shorter journey, state of the art educational facilities including Box Hill Institute, Blackburn Primary and Secondary school and Blackburn railway station is footsteps from your doorstep. For commutes by car, the Eastern Freeway will take you directly into the CBD in 15 minutes.
- 4,082 sqm* total land area.
- 2,260 sqm* total building area.
- 45-place Special Residential Services (SRS) facility.
- Vacant possession.
- Suitable for SRS, Aged Care, NDIS, SDA.
- Residential growth zone.
- 19 car spaces included onsite.
- Dual street access from Railway Parade & Lithgow Avenue.
- 250 m* to Blackburn railway station.
- 1.5 km* to Blackburn Lake Sanctuary.
POINT OF VIEW:
The median age of Blackburn and its surrounding suburbs is 40 years old; the decision-makers looking after their elderly families or established professionals looking to invest in a townhouse. The point: Give the locals their next move.
*Approx.
Pricing excludes GST
Remember to mention you found this property on DevelopmentReady
POINT OF INTEREST:
A suburb known for its evergreen community meets an opportunity to build upon those very foundations. The significance of the land bank is in the dual-street address, with a total of 4,082 sqm* of tightly-held Blackburn investment. Furthermore, a 2,260 sqm* building catering for aged care, SRS, or speciality healthcare facilities — or in other words, an already purpose-built asset for assisted living featuring 45 bedrooms & bathrooms, commercial kitchen, dining and seating areas and numerous green outdoor garden areas.
Those in the know will recognise the potential for even further development here, to either expand upon the existing foundation for complimentary uses or to repurpose the site for something entirely different — a multi-level residential project, perhaps. These roots connect to a well-maintained, quiet and leafy suburb where locals thrive. Blackburn Lake Sanctuary is merely a 15-minute walk from here, South Road’s local cafes and shops are a much shorter journey, state of the art educational facilities including Box Hill Institute, Blackburn Primary and Secondary school and Blackburn railway station is footsteps from your doorstep. For commutes by car, the Eastern Freeway will take you directly into the CBD in 15 minutes.
- 4,082 sqm* total land area.
- 2,260 sqm* total building area.
- 45-place Special Residential Services (SRS) facility.
- Vacant possession.
- Suitable for SRS, Aged Care, NDIS, SDA.
- Residential growth zone.
- 19 car spaces included onsite.
- Dual street access from Railway Parade & Lithgow Avenue.
- 250 m* to Blackburn railway station.
- 1.5 km* to Blackburn Lake Sanctuary.
POINT OF VIEW:
The median age of Blackburn and its surrounding suburbs is 40 years old; the decision-makers looking after their elderly families or established professionals looking to invest in a townhouse. The point: Give the locals their next move.
*Approx.
Pricing excludes GST
Remember to mention you found this property on DevelopmentReady
13 Railway Road, Blackburn, VIC 3130
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
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Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
