Savills is delighted to offer for sale this prime infill site located at 60 Gorge Road, South Morang. The property has a permit for a 36 lot subdivision with potential to increase yield, and is supported by strong surrounding amenity including retail, education and transport.
Key attributes of this opportunity are:
- Substantial 13,840sq m* landholding
- Frontage to Gorge Road and Allamanda Crescent
- General Residential Zone 1
- Plans and permit for 36 lot subdivision
- Potential to significantly increase density with adjoining projects complete at much higher yields
- Opposite Morang South Primary School
- Bus routes run along Gorge Road with Middle Gorge Train Station within 800m*
- Short commute to the major Westfield Plenty Valley Shopping Centre
- South Morang is a high demand location that has experienced a 50% rise in median house price since 2015^
*Approximate.
EOI Closed - Offers Under Review
For further information please contact:
Clinton Baxter – 0413 569 888
Julian Heatherich – 0412 995 655
Nick Garoni – 0403 409 004
Remember to mention you found this property on DevelopmentReady
