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SOLD
484 Canterbury Road, FOREST HILL, VIC 3131
Development Potential
DETAILS

STRATEGIC CORNER LANDHOLDING IN BRENTFORD SQUARE SHOPPING CENTRE

- 484 Canterbury Road is a strategic corner land holding located within the Brentford Shopping Centre

- The property has flexible Commercial 1 zoning, catering to a variety of future development uses

- Located within the Brentford Square Shopping Centre, the property is next to several anchor tenants such as Woolworths, Dan Murphy’s and a medical training centre

- The property offers excellent connectivity to several schools such as Vermont Primary, 600m* Parkmore Preschool (700m*) and Vermont Secondary School (1.4km*) making the location of the shopping centre highly strategic

- Opposite the property is the Forest Hill industrial precinct which is a major industrial employment hub that supports the long-term growth of the shopping centre

- The potential for residential accommodation on the property is bolstered by the strong median unit price of $735,000* within Forest Hill

- The suburb is an attractive residential location due to the number of parks, reserves and golf courses close by, which include Forest Hill Reserve (500m*), Stephens Reserve (300m*) and Morack Golf Course (1.9km*)

- Upon settlement, Caltex will remain in occupation under a Licence Agreement whilst the demolition and remediation works are being undertaken. A licence fee will be paid by Caltex during this period

- For more information on the full portfolio, please visit www.thenationaldevelopmentsiteportfolio.com.au

*Approx

CBRE Melbourne

Mark Wizel

+61 411 694 756

Julian White

+61 422 764 137

Stonebridge Property Group

Lincoln Blackledge

+61 408 780 772

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

DEVELOPMENT SITE SUMMARY
For Sale:
For Sale:
Contact Agent
Property Area
AREA:
1480 m² (*approx)
Property Type
TYPE:
Commercial, Mixed Use,
Development Potential
DEVELOPMENT APPROVAL:
Flexible Mixed Use Development Opportunity (STCA)

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484 Canterbury Road, FOREST HILL, VIC 3131

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