Under Offer
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Commercial, Residential
16-20 Dumbarton Street, RESERVOIR, VIC 3073

Property details

  • Property ID:
    11323
  • EOI Closed:
  • Area:
    5,976.00 m2 (*approx)
  • Type:

    Commercial:

    Residential: Townhouse Sites

  • Development Potential:
    Residential Development Opportunity (STCA)
Agency information
Julian Heatherich
Jesse Radisich
Mark Stafford
Savills Melbourne

Overview

Exclusive Reservoir Development Opportunity

Savills is delighted to present this portfolio of 6 Victorian development sites on behalf of the Victorian Government.

16-20 Dumbarton Street, Reservoir is an unprecedented opportunity to secure a large suburban development site.

Key attributes of this site are:

- A large suburban landholding of 5,976sq m*

- Over 50 metres* of frontage to Dumbarton Street

- General Residential Zone 1

- Well located only a short distance from the High Street Retail Precinct and Northland Shopping Centre

The property is part of a portfolio of 6 key sites strategically located across Victoria, that provide a unique opportunity for a development entity to develop the sites in association with a registered community housing provided.

Key attributes of these substantial landholdings include:

- Portfolio amassing a total land area in excess of 16ha*

- Strategically positioned in established Victorian locations

- Suiting multiple development outcomes

- Tranche 1 Sites – Flexible new planning controls, Ministerial planning permit approval process

- Tranche 2 Sites – Opportunity to effect new planning controls via Ministerial planning scheme amendment process

- Part of the Victorian Government’s Inclusionary Housing Pilot, ensuring a minimum of 100 new community housing homes are delivered to the market

Under Offer.

The other sites are located at;

- 40 Mount View Road, Boronia

- 2-16 Nicholas Street, Broadmeadows

- 87-103 Manningham Street, Parkville

- 30 Jarrah Street & 41 Pearce Street, Wodonga

- 30-40 Athol Road, Noble Park

For further information please contact:

Julian Heatherich - 0412 995 655

Mark Stafford - 0404 401 053

Jesse Radisich - 0402 085 702

*Approx.

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

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