ATTENTION: RESIDENTIAL, COMMERCIAL, STUDENT ACCOMMODATION DEVELOPERS & LAND BANKERS
+ Highly strategic corner site comprising two existing buildings with combined building area of 534sqm*
+ Current rental income of $97,244 p.a*
+ Strong development potential with favourable height allowance for 7-8 levels (STCA) & flexible Commercial 1 zoning
+ Will suit residential, office, hotel, student accommodation & multifamily development (STCA)
+ Highly proven apartment precinct driven by owner/occupier demand and strong median house price of close to $2,000,000**
+ Central Hawthorn location, walking distance to Central Gardens (50m*), Glenferrie Road retail and dining precinct (600m*) & Swinburne University (50m*)
+ A short stroll to Auburn Train Station (250m*) providing direct access to the Melbourne CBD (6km*)
For Sale
For information please contact the CBRE Victorian Development Site sales team to register your interest.
Julian White
+61 422 764 137
Lewis Tong
+61 421 870 833
David Minty
+61 422 564 199
*approx
**REIV
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