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SOLD
54-62 Main Street, Greensborough VIC 3088
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Property Highlights

SOLD - $2.95 million on a tight 4.4% yield.

The Ultimate Permit Approved Project

Savills is delighted to offer for sale this magnificent development site in an incredibly highly sought after retail location at 54-62 Main Street, Greensborough. This super prime retail site has the benefit of an approved permit for a landmark mixed-used project designed by renowned architects - Peddle Thorp. The key attributes of this fantastic property include:

- Perfectly positioned landholding of 883sq m*
- Extensive 23m* retail frontage to Main Street, plus rear access
- Newly approved permit for a 7-level mixed-use project comprising prime retail, apartments and serviced apartments (Total NSA - 3,890sq m*)
- Superbly situated within the heart of the Greensborough retail precinct, surrounded by blue-chip tenants and directly opposite the major Greensborough Plaza Shopping Centre
- Current retail improvements with short-term holding income of $204,011pa*
- Easy walking distance to Greensborough Train Station plus an abundance of bus services
- An incredible mixed-use development opportunity within the heart of one of Melbourne’s most active retail hot spots! 

54-62 Main Street, Greensborough is For Sale by Expressions of Interest Closing Friday 26 August at 2pm.

Additional Details: Brochure

For further information, please contact:
Nick Peden - 0402 011 266
Jesse Radisich - 0402 085 702 

Remember to mention you found this property on DevelopmentReady

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