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2 & 4 Hopetoun Road, PARK ORCHARDS, VIC 3114

2 & 4 Hopetoun Road, PARK ORCHARDS, VIC 3114

Park Orchards

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Sold Check

2 & 4 Hopetoun Road, PARK ORCHARDS, VIC 3114

Park Orchards

SOLD
2 & 4 Hopetoun Road, PARK ORCHARDS, VIC 3114

2 & 4 Hopetoun Road, PARK ORCHARDS, VIC 3114

Properties / Sold / Victoria / Park Orchards
Development Potential
Property Type
Commercial, Mixed Use
Land Area
260 m² (*approx)
Selling Method
For Sale: $500,000
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Versatile Land Offering with Endless Possibilities

A unique opportunity for investors and developers, on offer are two vacant parcels of Commercial 1 land in the very heart of Park Orchards. Buyers will have the option to purchase one or both blocks (each measuring 260sqm approx.), which could be developed into offices with a residential component or a multi-storey residential complex with retail shop fronts (subject to council approval).

2, 4, 6, 8, 10 & 12 Hopetoun Road are also available to purchase. Interested parties may consider purchasing all eight lots to explore a more extensive range of development opportunities. Totaling 2275sqm (approx.), let your imagination run wild in this exclusive neighbourhood with potential to reinvent the site for either residential, retail, office, childcare or mixed use (subject to council approval).

*High traffic area amongst cafés, shops, businesses and education facilities

*Existing infrastructure includes holding bays, storage sheds and site office (previously used as a soil yard)

*Close proximity to Ringwood, Doncaster and Box Hill

*Easy EastLink access

*Sewer recently connected

***PhilipWebb Real Estate Coronavirus Update***

The health of our valued clients and staff is our highest priority. Please note the following changes to our open for inspection processes:

• Open for inspections are now permitted

• The maximum number of people that may attend is subject to density quotient: one person per four sqm rule applies

• Maximum number of people includes all individuals present i.e. owners, residents and PhilipWebb staff. Infants under one year of age are not included

• Your contact details must be provided to PhilipWebb staff

• Please maintain safe social distancing of 1.5m from anyone in attendance

• Avoid touching surfaces including fittings and fixtures within the property

• Hand sanitiser is provided

We kindly ask that you refrain from attending an inspection if you:

• Are experiencing flu-like symptoms

• Have tested positive to, or have recently been in contact with someone diagnosed with Coronavirus

• Have recently travelled overseas or have been in direct contact with someone who has

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

2 & 4 Hopetoun Road Development Site Summary

Property Type
Commercial, Mixed Use
Land Area
260 m² (*approx)
Selling method
For Sale: $500,000

Development Site Highlights

Versatile Land Offering with Endless Possibilities

A unique opportunity for investors and developers, on offer are two vacant parcels of Commercial 1 land in the very heart of Park Orchards. Buyers will have the option to purchase one or both blocks (each measuring 260sqm approx.), which could be developed into offices with a residential component or a multi-storey residential complex with retail shop fronts (subject to council approval).

2, 4, 6, 8, 10 & 12 Hopetoun Road are also available to purchase. Interested parties may consider purchasing all eight lots to explore a more extensive range of development opportunities. Totaling 2275sqm (approx.), let your imagination run wild in this exclusive neighbourhood with potential to reinvent the site for either residential, retail, office, childcare or mixed use (subject to council approval).

*High traffic area amongst cafés, shops, businesses and education facilities

*Existing infrastructure includes holding bays, storage sheds and site office (previously used as a soil yard)

*Close proximity to Ringwood, Doncaster and Box Hill

*Easy EastLink access

*Sewer recently connected

***PhilipWebb Real Estate Coronavirus Update***

The health of our valued clients and staff is our highest priority. Please note the following changes to our open for inspection processes:

• Open for inspections are now permitted

• The maximum number of people that may attend is subject to density quotient: one person per four sqm rule applies

• Maximum number of people includes all individuals present i.e. owners, residents and PhilipWebb staff. Infants under one year of age are not included

• Your contact details must be provided to PhilipWebb staff

• Please maintain safe social distancing of 1.5m from anyone in attendance

• Avoid touching surfaces including fittings and fixtures within the property

• Hand sanitiser is provided

We kindly ask that you refrain from attending an inspection if you:

• Are experiencing flu-like symptoms

• Have tested positive to, or have recently been in contact with someone diagnosed with Coronavirus

• Have recently travelled overseas or have been in direct contact with someone who has

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Finance Calculator

2 & 4 Hopetoun Road, PARK ORCHARDS, VIC 3114

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Step 1

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Adjust the inputs to explore your indicative finance options.

You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
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Loan Analysis

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Property Location of 2 & 4 Hopetoun Road, PARK ORCHARDS, VIC 3114

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2 & 4 Hopetoun Road, PARK ORCHARDS, VIC 3114 Park Orchards