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593 & 595-599 Neerim Road, Hughesdale, VIC, 3166

Development Potential
DETAILS
LAND OF OPPORTUNITY
  • Massive 3,881sqm* Land Holding
  • Three Street Frontages Totalling 146m*
  • Suits a Multitude of Development Outcomes (STCA)

 

Aston Commercial and Colliers are pleased to present 593 & 595-599 Neerim Road, Hughesdale for sale by Expressions of Interest (EOI) closing Thursday 17 June at 3pm.

This infill redevelopment proposition has the benefit of three street frontages, a zoning that encourages residential development, proximity to Chadstone Shopping Centre and is positioned in a highly sought after and proven residential market.

Key highlights include:

• Incredibly scarce infill development site suitable for residential development (STCA)

• Three street frontages including Neerim Road, Bletchley Road and Clapham Road totalling 146m* with frontage to Neerim Road of 61m*.

• Proximity to the world-famous Chadstone Shopping Centre and Mixed-Use precinct which is currently undergoing significant redevelopment

• Easy access to Hughesdale train station which is situated just 550m* away

• Tightly held residential area with a median house price $1,390,000 (REIV) and a proven market acceptance for medium density housing

• Both properties have the benefit of existing improvements on-site providing the potential to be leased to provide an income or occupied as a display suite

• Given the high quality location and size of the land holding alternative development outcomes such as Childcare, Retirement Living, Medical or Owner Occupation could also be considered (STCA)

• The property is strategically positioned between three university campuses including Monash University Caulfield, Monash University Clayton and Holmesglen Institute

*approx.

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

DEVELOPMENT SITE SUMMARY
EOI:
TITLE:
Closing Thursday 17 June at 3pm
Property Area
AREA:
3881 m² (*approx)
Property Type
TYPE:
Child/Healthcare, Aged Care, Child Care, Medical, Aged Care, Child Care, Medical
Development Potential
DEVELOPMENT APPROVAL:
Childcare, Retirement Living, Medical (STCA)

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593 & 595-599 Neerim Road, Hughesdale, VIC, 3166

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