Landmark Corner Development Opportunity

For Sale - 390 Burwood Highway, Wantirna South

Development/Land (Offices, Retail, Hotel/Leisure, Medical, Residential, Childcare)

Overview

Property ID: 16201
Price: Contact Agent
Building: 623m²
Land: 7,610m²
Zoning: Mixed use zone

Description

One of the most significant sites in Melbourne's eastern region is available for sale.

An outstanding corner position comprising 7,610m2* of Mixed Use zoned land with a combined 156 metre frontage to Burwood Highway and Stud Road.
Current improvements consist of a 623m2* single level building with a striking foyer entrance, partitioned office areas, an open plan chapel, portico areas of 323m2* and manicured gardens.

Offering tremendous development opportunity given the size and generous height restrictions of the site, a town planning permit is approved and designed by COX Architecture incorporating a mixed use development with a NSA of 12,047m2* consisting of office/retail, residential apartments, student accommodation and educational facility.

Further enhanced by its close proximity to Eastlink, Westfield Shopping Centre, multiple new residential subdivisions and high rise apartments buildings, 260 metres to Swinburne University, multiple private and public schools and Knox Private Hospital.

Property features:
- Land area: 7,610m2*
- Building area: 623m2*
- Zoning: Mixed Use Zone
- Planning approval for a mixed use development with a NSA of 12,047m2*
- 156* metre frontage
- Short term tenancy in place

*Approx.
Pricing excludes GST

Additional Info

Features
Lease TermMonthly
AvailabilityNegotiable
Car Spaces58
Permits IssuedYes
Suitable DevelopmentResidential, accommodation, commercial, aged care
Wheel Chair AccessYes
ZoningMixed use zone
Outgoings
Water Rates$1,253.95
Land Tax$38,925.00

Agent Details

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