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Savills is delighted to offer for sale this rare opportunity to deliver a prime student accommodation development in a highly established South Eastern location.
Key attributes of the property include:
• Prime 574 sqm* landholding with high profile frontage to Dandenong Road over 12m* and rear lane access.
• Permit approved for a boutique 35 bed student accommodation facility over 4 levels comprising single & double rooms.
• Flexible Residential Growth Zoning (RGZ1) suiting various alternative development outcomes including apartments, townhouses or mixed-use developments (STCA)
• Conveniently positioned directly opposite Monash University Caulfield Campus
• Central position surrounded by all essential amenity including Waverley Road retail strip(90m*), Derby Road retail strip (460m*) and East Caulfield Reserve (120m*)
• A short walk to Caulfied Train Station (340m*) and Tram services along Waverly Road (90m*) and John Monash Drive (500m*).
• Opportunity to capitalise on increased demand for student accommodation with a 54.4%^ rise in international student enrolments in higher education (2022–2025)
*Approximate
^Department of Education
For Sale by Expressions of Interest closing Wednesday 12 November at 2pm.
For further information please contact:
Tanya Su - 0430302950 (WeChat 微信号：741067426)
Beau Bakhtani - 0412159038
Remember to mention you found this property on DevelopmentReady
Savills is delighted to offer for sale this rare opportunity to deliver a prime student accommodation development in a highly established South Eastern location.
Key attributes of the property include:
• Prime 574 sqm* landholding with high profile frontage to Dandenong Road over 12m* and rear lane access.
• Permit approved for a boutique 35 bed student accommodation facility over 4 levels comprising single & double rooms.
• Flexible Residential Growth Zoning (RGZ1) suiting various alternative development outcomes including apartments, townhouses or mixed-use developments (STCA)
• Conveniently positioned directly opposite Monash University Caulfield Campus
• Central position surrounded by all essential amenity including Waverley Road retail strip(90m*), Derby Road retail strip (460m*) and East Caulfield Reserve (120m*)
• A short walk to Caulfied Train Station (340m*) and Tram services along Waverly Road (90m*) and John Monash Drive (500m*).
• Opportunity to capitalise on increased demand for student accommodation with a 54.4%^ rise in international student enrolments in higher education (2022–2025)
*Approximate
^Department of Education
For Sale by Expressions of Interest closing Wednesday 12 November at 2pm.
For further information please contact:
Tanya Su - 0430302950 (WeChat 微信号：741067426)
Beau Bakhtani - 0412159038
Remember to mention you found this property on DevelopmentReady
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