SIGNIFICANT 2,250SQM* LAND PARCEL WITH 141M* OF TRIPLE STREET FRONTAGE IN EXCLUSIVE MONT ALBERT
- Situated on a significant 2,250sqm* land parcel, the property’s extensive triple street frontage of 141m* makes for an outstanding development opportunity.
- Directly surrounded by a number of successful development projects, there is strong precedent for excellent planning outcomes and demand for high-density apartments within this niche pocket of Mont Albert, bordering on Box Hill
- Located in the exclusive suburb of Mont Albert, the suburb boasts a strong current median house price of $1,690,000*
- The property is on the doorstep to the 109 tram line, as well as being a short 500m* walk from the Mont Albert Train Station providing direct Melbourne CBD access
- The property is surrounded by a number of major employment drivers including the Box Hill Institute (300m*), Box Hill Hospital (650m*) and the Epworth Eastern Hospital (650m*)
- The Box Hill Central Shopping Centre (850m*) and Box Hill retail precinct are also a short walk away providing extensive dining, shopping and retail choice
- Upon settlement, Caltex will remain in occupation under a Licence Agreement whilst the demolition and remediation works are being undertaken. A licence fee will be paid by Caltex during this period
- For more information on the full portfolio, please visit www.thenationaldevelopmentsiteportfolio.com.au
*Approx
CBRE Melbourne
Mark Wizel
+61 411 694 756
Julian White
+61 422 764 137
Stonebridge Property Group
Lincoln Blackledge
+61 408 780 772
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