Watch Watch
Your home of Development Ready videos
Watch Watch
Back
Sold Check

49 Bank Street, Box Hill VIC

+9 Photos

49 Bank Street, Box Hill VIC

Box Hill

×
Sold Check
+11 Photos
49 Bank Street, Box Hill VIC

49 Bank Street, Box Hill VIC

Properties / Sold / Victoria / Box Hill
Development Potential
Property Type
Residential
Sub Type
Townhouse Sites
Land Area
877 m² (*approx)
Zoning
RGZ RGZ2
Local Government
Whitehorse
Selling Method
Auction: Contact Agent
Auction Date
9 Jul 2022 11:00AM
Show All
Prime Development Opportunity! Within coveted RGZ2 Zone & Box Hill HS Zone with ROW.
  • Presents the opportunity to build multiple townhouses or units on the block.
  • Dual access from the street frontage and rear laneway
  • Rare property offers 877 sqm (approx.)

Enviably located in a highly desired and central Box Hill location, this rare property offers 877 sqm (approx.) of premium land which provides dual access from the street frontage and rear laneway unlocking endless redevelopment opportunities. This allotment is zoned within a residential growth zone - schedule 2, which presents the opportunity to build multiple townhouses or units on the block. Development properties like this do not come along very often.

The existing dwelling is a classic 1920's period home which features 4 bedrooms, 2 bathrooms, and a versatile dual-living layout with 2 fully equipped kitchens, enabling multi-family or multi-generational living. Additional features include high ceilings, parquetry timber floors, open plan kitchen, living and dining, a laundry with separate toilet, gas heating and 3 x split-system cooling, solar panels, and an expansive back yard with multiple shed/storage options.

The substantial land with a north facing rear aspect is ideally located within walking distance to Box Hill Central, Box Hill's well-known dining district, various public transport options, Box Hill Hospital, public and private schools, Box Hill TAFE, and zoned for the highly coveted Box Hill High School.

This property has all the must have amenities on your doorstep with the chance to unlock massive value. This is a unique Box Hill opportunity not to be missed.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

49 Bank Street Development Site Summary

Property Type
Residential
Sub-type
Townhouse Sites
Land Area
877 m² (*approx)
RGZ RGZ2
Local Government
Whitehorse
Selling method
Auction: Contact Agent
Auction Date
9 Jul 2022 11:00AM

Development Site Highlights

Prime Development Opportunity! Within coveted RGZ2 Zone & Box Hill HS Zone with ROW.
  • Presents the opportunity to build multiple townhouses or units on the block.
  • Dual access from the street frontage and rear laneway
  • Rare property offers 877 sqm (approx.)

Enviably located in a highly desired and central Box Hill location, this rare property offers 877 sqm (approx.) of premium land which provides dual access from the street frontage and rear laneway unlocking endless redevelopment opportunities. This allotment is zoned within a residential growth zone - schedule 2, which presents the opportunity to build multiple townhouses or units on the block. Development properties like this do not come along very often.

The existing dwelling is a classic 1920's period home which features 4 bedrooms, 2 bathrooms, and a versatile dual-living layout with 2 fully equipped kitchens, enabling multi-family or multi-generational living. Additional features include high ceilings, parquetry timber floors, open plan kitchen, living and dining, a laundry with separate toilet, gas heating and 3 x split-system cooling, solar panels, and an expansive back yard with multiple shed/storage options.

The substantial land with a north facing rear aspect is ideally located within walking distance to Box Hill Central, Box Hill's well-known dining district, various public transport options, Box Hill Hospital, public and private schools, Box Hill TAFE, and zoned for the highly coveted Box Hill High School.

This property has all the must have amenities on your doorstep with the chance to unlock massive value. This is a unique Box Hill opportunity not to be missed.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Finance Calculator

49 Bank Street, Box Hill VIC

Secure/no obligation

Step 1

Loan Variables

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
Loan to Value Ratio

Estimated Purchase Price:*

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
in full report
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: victoria
Indicative rate for victoria. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO victoria for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of 49 Bank Street, Box Hill VIC

One moment please.

Retrieving map...

Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
Download Report
49 Bank Street, Box Hill VIC Box Hill
Bekdon Richards
Bekdon Richards
399, Riversdale Road, Hawthorn East, City of Boroondara, Victoria, Australia, 3123