Name: 579-591 Mt Alexander Road, Moonee Ponds, VIC 3039
Address: 579-591 Mt Alexander Road , VIC, Moonee Ponds, VIC, 3039
Telephone: +61 401 810 556

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SOLD

579-591 Mt Alexander Road, Moonee Ponds, VIC 3039

Properties / Sold / Victoria / Moonee Ponds

Development Potential

1. Property Summary

Property Type

Residential, Commercial

Sub Type

Apartment Sites, Office, Retail/Shopping Centre

Land Area

1,608 m² (*approx)

Zoning

ACZ1

Activity Centre Zone - Schedule 1

Local Government

Moonee Valley

Selling Method

EOI: EOI closing Wednesday 9th November at 2pm

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2. Property Highlights

Iconic Building with Maximum Value-Add Potential

Huge landholding of 1608sqm*
Significant value-add opportunity
3800sqm* of floor area

Nelson Alexander Commercial are pleased to offer for sale this prominent landholding located in absolute prime Moonee Ponds location. Boasting 3,800sqm* of floor area this is an unparalleled opportunity to refurbish existing improvements, or redevelop into a premium residential or mixed-use development (STCA).

Key Features:

- Significant triple fronted landholding of 1,608sqm* with three street frontages including prominent 43m* retail exposure to Mt Alexander Road

- Zoned Activity Centre Zone 1 offering a variety of uses and flexibility in repurpose and development outcomes (STCA)

- Outstanding Moonee Ponds Junction location, only 185m* to Puckle Street retail hub and surrounded by public transport including tram (Mt Alexander Road) and Moonee Ponds train station (700m*)

- Underpinned by a strong Moonee Ponds median house price of $1,590,000^ and surrounded by a number of new and established developments in the immediate vicinity

- Previously approved development plans by ‘Rothelowman’ comprising 57 spacious apartments with extensive high quality ground level retail available upon request

For all enquiries or to arrange a private inspection, please contact exclusive agents Nelson Alexander Commercial on 9419 5511.

*approx.

^Source: REIV.com.au

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