Eastern Suburb Site Suitable for Townhouse / Childcare / Medical / Aged Care Development (STCA)
Stonebridge Property Group is please to present 191-193 Bayswater Street, Bayswater North, a large 12,238 sqm* landholding with dual frontage and street access from Bayswater Road and Jasmine Road.
The site has functional existing improvements suitable for education use and is very flexible in terms of development opportunities, which can include townhouses / childcare / medical / aged care or a combination subject to council approval.
Bayswater Road is a highly central location and only a short drive to 3 major activity centres including the Bayswater Activity Centres, Croydon Activity Centres and also the Ringwood Activity Centre which includes Eastland Shopping Centre.
The property also offers excellent access to nearby schools and parks including 400 m* to Tinternvale Primary School, 1.0 km* Tintern Grammar and 550 m* to Gracedale Park.
Key highlights of the opportunity include:
- Large 12,238 sqm* land with frontage and street access from Bayswater Road and Jasmine Road
- Significant development upside with flexibility to consider a childcare / medical / aged care development, or deliver a high demand townhouse project (STCA)
- Bayswater North is proven and growing market for townhouse product
- Former education centre with functional and good quality existing improvements
- Bayswater Road is highly accessible and easy to get to with direct access off the Eastlink, Maroondah Highway and Canterbury Road
- Highly central position amongst Melbourne’s outer-eastern suburban ring
*Approximate
To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Julian White
0422 764 137
Chao Zhang
0411 625 068
Property Code: 495
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