RECEIVER SALE
Colliers under instructions from Liam Healey and Quentin Olde of Ankura as Receivers & Managers is excited to present 17 Kooyong Road, Armadale. Situated in a prime location this brilliant development opportunity in the prevalent suburb of Armadale is for sale by Expressions of Interest closing Friday 25 February at 2pm.
The property offers multiple options, such as the potential to renovate the existing 5-bedroom Victorian home or undertake a development in line with the existing planning permit, which allows for the development of 4 high-end townhouses. The 556 sqm* landholding is located at the north-west intersection of Kooyong Road and Wattletree Road and benefits from a prominent corner position.
Situated in the sought-after suburb of Armadale, this offering presents the perfect location for inner-city living with the finest amenity. The High Street retail precinct is just a short walk away and is renowned as one of Melbourne’s distinctive business precincts.
Key features are below:
- Potential to develop or renovate
- Prime inner-city location within the highly sought-after suburb Armadale
- Easy access to multiple train and tram lines, with the number 5 tram stop right at the property
- Walking distance to local amenity with High Street, Glenferrie Road shopping and entertainment precincts and Malvern Central.
- Excellent corner position with a combined street frontage of 50m*
- Residential Growth Zone (RGZ2) within the City of Stonnington planning scheme
- Permit approval for 4 townhouses in one of Melbourne’s most sought-after suburbs
Open For Inspection as follows:
Week 1
Thursday 27th January 12pm to 12:30pm
Saturday 29th January 10:00am to 10:30am
Week 2
Wednesday 2nd February 12pm to 12:30pm
Saturday 5th February 10:00am to 10:30am
Week 3
Wednesday 9th February 12pm to 12:30pm
Saturday 12th February 10:00am to 10:30am
Week 4
Wednesday 16th February 12pm to 12:30pm
Saturday 19th February 10:00am to 10:30am
For further information, please contact the exclusive selling agents at Colliers.
Hamish Burgess
0421 641 497
Joe Kairouz
0421 430 638
Remember to mention you found this property on DevelopmentReady
