MOMENTOUS RESIDENTIAL DEVELOPMENT OPPORTUNITY
- Infill development opportunity bordering Ivanhoe
- Overlooking Ford Park
- Island site with 3 frontages
Colliers International is pleased to present Banksia Village, a momentous residential development opportunity, via Expressions of Interest (EOI). This scarce land holding of scale provides developers with the chance to secure an exciting development proposition supported by Council’s own urban regeneration initiative.
This opportunity is available via a clearly defined two-stage procurement process to purchase Banksia Village, or a combination of its four parcels:
Stage 1 – Expressions of Interest (EOI) – Bellfield Residential Development Project.
Stage 2 – Request for Proposal (RFP) from shortlisted EOI respondents commencing around September 2020.
Key features of this development opportunity:
- Momentous infill residential development site of 2.21 Ha*
- Island site with three existing frontages overlooking Ford Park
- Proven local market acceptance of medium and higher density housing within immediate vicinity
- Banskia Village offers both planning flexibility and certainty to deliver up to circa 300 dwellings
- Residential Growth Zone site underpinned by a Development Plan Overlay (pending) which supports medium to higher density development across the site
- Rare opportunity for a developer(s) to collaborate with the Banyule City Council to create a flourishing and integrated residential community
- Separate land parcels available for sale together or on an individual basis
*Approx
For more information on this exceptional Residential Development opportunity please contact the Colliers International Development Site Sales team.
Hamish Burgess 0421 641 497
Joe Kairouz 0421 430 638
Robert Papaleo 0418 327 574
Remember to mention you found this property on DevelopmentReady
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