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Gorman Commercial and Stonebridge Property Group have the privilege to present a generational opportunity to secure a premium, permit-approved development site in the core of Camberwell Junction, one of Melbourne’s most tightly held and consistently high-performing mixed-use locations.
Substantially de-risked, the property is offered with planning approval for a landmark mixed-use development featuring a design-led scheme by acclaimed international architects Warren & Mahoney. The approved development delivers an efficient yield of 9,794 NSA/NLA, comprising a balanced mixed-use outcome.
Located just 50 metres from the Camberwell Junction retail and transport precinct, the property’s elevated position enjoys outstanding, never-to-be-built-out views toward the Melbourne CBD skyline and across to the Dandenong Ranges, a highly prized and increasingly scarce attribute within established inner-east locations.
Key highlights include:
* Permit approved for a landmark 14 level mixed-use development by acclaimed architects Warren & Mahoney
* Never to be repeated protected views to the Melbourne CBD and Dandenong Ranges
* Prime Camberwell core position, one of Melbourne’s most walkable lifestyle precincts, with a walk score of 94, highlighting the depth of amenity immediately accessible to future residents, workers and visitors
* Substantial development yield of 9,794 NSA/NLA with deeply considered design flexibility to optimise product mix, sizing and positioning (STCA)
* Rear access via Denmark Hill Road enabling activated Burke Road retail frontage
* Underpinned by significant existing office assets with strong existing holding income
* Camberwell consistently outperforms, with a median house price of $2,590,000
The Camberwell Junction precinct is entering a once-in-a-generation renewal phase. This offering provides developers exposure to one of Melbourne’s most proven apartment and mixed-use markets, underpinned by strong local demographics, established amenity and historically resilient buyer demand across market cycles.
691 & 693 Burke Road, Camberwell is for sale vis Expressions of Interest closing Wednesday the 18th of March at 2:00PM (AEDT). To obtain further information, access to due diligence material or to arrange an inspection, please contact the exclusive selling agents
Remember to mention you found this property on DevelopmentReady
Gorman Commercial and Stonebridge Property Group have the privilege to present a generational opportunity to secure a premium, permit-approved development site in the core of Camberwell Junction, one of Melbourne’s most tightly held and consistently high-performing mixed-use locations.
Substantially de-risked, the property is offered with planning approval for a landmark mixed-use development featuring a design-led scheme by acclaimed international architects Warren & Mahoney. The approved development delivers an efficient yield of 9,794 NSA/NLA, comprising a balanced mixed-use outcome.
Located just 50 metres from the Camberwell Junction retail and transport precinct, the property’s elevated position enjoys outstanding, never-to-be-built-out views toward the Melbourne CBD skyline and across to the Dandenong Ranges, a highly prized and increasingly scarce attribute within established inner-east locations.
Key highlights include:
* Permit approved for a landmark 14 level mixed-use development by acclaimed architects Warren & Mahoney
* Never to be repeated protected views to the Melbourne CBD and Dandenong Ranges
* Prime Camberwell core position, one of Melbourne’s most walkable lifestyle precincts, with a walk score of 94, highlighting the depth of amenity immediately accessible to future residents, workers and visitors
* Substantial development yield of 9,794 NSA/NLA with deeply considered design flexibility to optimise product mix, sizing and positioning (STCA)
* Rear access via Denmark Hill Road enabling activated Burke Road retail frontage
* Underpinned by significant existing office assets with strong existing holding income
* Camberwell consistently outperforms, with a median house price of $2,590,000
The Camberwell Junction precinct is entering a once-in-a-generation renewal phase. This offering provides developers exposure to one of Melbourne’s most proven apartment and mixed-use markets, underpinned by strong local demographics, established amenity and historically resilient buyer demand across market cycles.
691 & 693 Burke Road, Camberwell is for sale vis Expressions of Interest closing Wednesday the 18th of March at 2:00PM (AEDT). To obtain further information, access to due diligence material or to arrange an inspection, please contact the exclusive selling agents
Remember to mention you found this property on DevelopmentReady
