MORTGAGEE SALE - Partially Constructed Townhouse Development Site on Prominent Ashburton Corner
Stonebridge Property Group, acting under instructions from the mortgagee, is pleased to present for sale 348-350 Warrigal Road, Ashburton.
A permit-approved development site for eight townhouses. Existing works include certified civil works, basement and concrete structures, and the ground floor suspended slab.
The key highlights of the opportunity include:
- Prominent 1,640 sqm* corner landholding
- Existing works on site comprise completed civils, basement construction and ground floor suspended slab with work commenced on lift shafts and framing
- Permit approved (recently extended) for 8 townhouses, with Net Saleable Area of 1,863 sqm*
- Efficient plans featuring direct individual access to each townhouse from the basement
- Exceptional retail amenity, just 500 m* to Woolworths Ashwood, 1.1 km* to bustling High Street, Ashburton, and 2.8 km* to Chadstone Shopping Centre
- Surrounded by leading educational institutions, including Ashwood High School (900 m*), Presbyterian Ladies’ College (1.8 km*), and Deakin University (2 km*)
- Abundant lifestyle amenities with Ashburton Park (500 m*), Gardiners Creek walking/riding trail (700 m*), Burwood Reserve (750 m*) and Riversdale Golf Club (1.9 km*)
- Exceptional connectivity, just 1 km* to Ashburton Train Station and 2.3 km* to the Monash Freeway on-ramp, providing seamless access across Metropolitan Melbourne
- A thriving residential market with a median house price of $1,800,000 (REIV 2025), underpinning demand for townhouse product in the area
- Ashburton’s affluent demographic boasts family incomes 38% above the Victorian average (ABS 2021), reinforcing strong purchasing power for premium property
To obtain further information, or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group:
Julian White
0422 764 137
Andrew Milligan
+61 421 559 992
Lucas Duffy
+61 417 596 560
Chao Zhang 张超
0411 625 068
*Approximate
Property Code: 1226
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