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597 Warrigal Road, ASHWOOD, VIC 3147
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Property Highlights

Landmark Inner East Corner Development Opportunity
  • Significant 3,507sqm development site
  • Superb exposure to Warrigal Road
  • Flexible GRZ Zoning

+Substantial 3,507sqm site with significant frontage of 114.88m* and easy access from/to Warrigal Road, a major Melbourne arterial road

+Tactical acquisition for developers, future occupiers and land bankers

+Strategic position on major arterial road with over 32,320* vehicles passing daily

+Superb access to Monash Freeway north and southbound (1.24km*), the Melbourne CBD (14km*), Chadstone Large Format Centre (700m*), Chadstone +Shopping Centre (2.05kms*) Australia’s largest and world renowned shopping centre

+Easy access to major transport links including Holmesglen Train station, and several bus routes

+Flexible ‘GRZ’ Zoning under the City of Monash planning scheme allowing for an abundance of future development opportunities (STCA) including Residential multi-level development, Residential aged care facility, car wash, service station, convenience store, medical centre plus many more

+Large selection of lifestyle, amenity and services including Malvern Valley Golf Club, Ashwood Reserve Playground, Holmesglen Reserve, Glen Iris private Hospital and Holmesglen Institute

+Mount Waverley median house price of $1,520,000** with 8.3%*** growth over the past 12 months representing significant underlying land value

+City of Monash: One of Melbourne’s largest municipalities home to over 203,501 people, as well as Monash University (Australia’s largest university) and provides healthcare for a quarter of Melbourne’s population (22)

For sale by Expressions of Interest

Closing 7th September 2022 at 4:00pm (AEST).

*approx

Remember to mention you found this property on DevelopmentReady

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