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SOLD

151-153 Rosamond Road, MARIBYRNONG, VIC 3032

Development Potential
DETAILS

Your Next Commercial Office Development

Major Exposure Major Upside, situated directly Adjacent to the Entrance of Highpoint Shopping Centre

Knight Frank is proud to present this sensational mixed use development opportunity perfectly positioned within the Highpoint Activity Centre.

With an extensive corner street frontage, this high exposure location is ideal for a multi storey development given its DD012 planning overlay.

The sites Mixed Use Zoning allows for a plethora of development options including a Commercial Office Building, Serviced Apartments, Hotel, or Residential (STCA).

Astute buyers will see the value of either a buy and hold strategy or a more immediate development opportunity.

Key property features include:

- Land area of 1,116 sqm*

- Prominent high profile corner site directly adjacent entry to Highpoint Shopping Centre (Victoria’s 3rd largest)

- Mixed Used Zoning allowing for 10+ Levels of commercial office, hotel, serviced apartments, or residential (STCA)

- Contained within Highpoint Activity Centre

- Current holding income with the potential to increase the current yield

- Potential for owner occupier in this high exposure location

151-153 Rosamond Road is for private sale.

Please contact the exclusive Knight Frank agents for further information.

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

DEVELOPMENT SITE SUMMARY
Auction:
Auction:
Asking price $4,750,000.
Property Area
AREA:
1116 m² (*approx)
Property Type
TYPE:
Commercial, Mixed Use,
Development Potential
DEVELOPMENT APPROVAL:
10+ Levels of commercial office, hotel, serviced apartments, or residential (STCA)

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151-153 Rosamond Road, MARIBYRNONG, VIC 3032

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