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426-430 Canterbury Road (Corner of Warrigal Road), Surrey Hills, VIC, 3127

Development Approved
DETAILS
Permit Approved 5-Level C1Z Residential Development
  • Permit Approved 72 Serviced Apartments
  • Direct Access to Retail & Train Station
  • 1,139 sqm* C1Z Landholding

Stonebridge Property Group & Roland Rentz are pleased to present for sale a permit approved development opportunity at 426-430 Canterbury Road, Surrey Hills (corner of Warrigal Road).

The commanding corner development site is positioned on one of the best corner allotments in Surrey Hills.

Key highlights of the property include:

  • Permit approved for a 5-level development featuring 72 serviced apartments, a ground floor café and conference centre
  • Commercial 1 Zoned landholding of 1,139 sqm*
  • Combined street frontage of 99 m* to Warrigal Road and Canterbury Road with additional ROW access
  • 3 titles with improved existing buildings generating $70,780 per annum* in short-term holding income
  • Immediate proximity to Union Road retail strip (250 m*) housing Coles, Vintage Cellars, Australia Post and many other specialty shops and cafes
  • Surrey Hills Train Station (250m*) provides direct access to the Melbourne CBD and Box Hill CBD
  • Within Balwyn, Camberwell and Box Hill High School zones
  • Surrey Hills boasts a median house price of $2,100,000^ solidifying the precinct as a blue-chip suburb.

*Approx.

^Source: realestate.com

426-430 Canterbury Road, Surrey Hills is for sale via Public Expressions of Interest closing Thursday 4th November 2021 at 2pm (AEDT). 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 张超
0411 625 068

Max Warren
0488 296 892

Roland Rentz:

Roland Rentz
0419 509 801

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

DEVELOPMENT SITE SUMMARY
EOI:
EOI:
Closing Thursday 4th November 2021 at 2pm (AEDT)
Property Area
AREA:
1139 m² (*approx)
Property Type
TYPE:
Commercial, Residential,
Development Approved
DEVELOPMENT APPROVAL:
72 Serviced Apartments

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426-430 Canterbury Road (Corner of Warrigal Road), Surrey Hills, VIC, 3127

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