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Landmark Inner East Corner Development Opportunity

597 Warrigal Road, Ashwood VIC

Property Highlights

Significant 3,507sqm development site
Superb exposure to Warrigal Road
Flexible GRZ Zoning

Description

+Substantial 3,507sqm site with significant frontage of 114.88m* and easy access from/to Warrigal Road, a major Melbourne arterial road
+Tactical acquisition for developers, future occupiers and land bankers
+Strategic position on major arterial road with over 32,320* vehicles passing daily
+Superb access to Monash Freeway north and southbound (1.24km*), the Melbourne CBD (14km*), Chadstone Large Format Centre (700m*), Chadstone +Shopping Centre (2.05kms*) Australia’s largest and world renowned shopping centre
+Easy access to major transport links including Holmesglen Train station, and several bus routes
+Flexible ‘GRZ’ Zoning under the City of Monash planning scheme allowing for an abundance of future development opportunities (STCA) including Residential multi-level development, Residential aged care facility, car wash, service station, convenience store, medical centre plus many more
+Large selection of lifestyle, amenity and services including Malvern Valley Golf Club, Ashwood Reserve Playground, Holmesglen Reserve, Glen Iris private Hospital and Holmesglen Institute
+Mount Waverley median house price of $1,520,000** with 8.3%*** growth over the past 12 months representing significant underlying land value
+City of Monash: One of Melbourne’s largest municipalities home to over 203,501 people, as well as Monash University (Australia’s largest university) and provides healthcare for a quarter of Melbourne’s population (22)

For sale by Expressions of Interest
Closing 7th September 2022 at 4:00pm (AEST).

*approx

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Accommodation
Land Size
3,507 SQM
Building Area
1,200 SQM

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