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152 Como Parade West, Parkdale, VIC 3195

2. Property Highlights

Former Private Hospital with Development Upside
  • Over an acre of Premium Bayside Land
  • Significant short-term holding income
  • Significant Development upside

Savills is delighted to offer for sale this high profile bayside landholding in what is one of Melbourne’s most highly sought after development catchments.

Key attributes of the property include:

• Significant Bayside landholding of 4,765sqm*

• Former private hospital with existing 3,500sqm* building on-site

• Short term lease to Coleman Rail returning $528,000 per annum

• Extensive Como Parade West Street frontage of 50m*

• General Residential Zone 2 offering various development outcomes (STCA)

• Direct proximity to Parkdale Train Station and retail precinct

• Exceptional position within one of Melbourne’s most tightly held Bayside suburbs serviced by extensive lifestyle and retail amenity

*Approximate

Private Sale

For further information please contact:

Julian Heatherich - 0412 995 655

Benson Zhou – 0458 488 886

James Latos – 0422 604 900

Remember to mention you found this property on DevelopmentReady

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3. Property Location

152 Como Parade West, Parkdale, VIC 3195

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4. Due Diligence

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  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity