Colliers International are pleased to offer this tremendous permit approved development, positioned adjacent to Kew Junction for sale by Expressions of Interest closing Wednesday 19th December at 2pm.
Key features for the site are outlined below:
• Standout permit achieved for a nine level building plus a roof top amenity area
• High quality Plus Architecture design for 26 larger apartments and a café
• Excellent product mix of 22 two bedroom, 2 three bedroom and 2 one bedroom apartments
• Elevated position with CBD aspect to provide potential for remarkable view lines
• Existing lease with development clause in place providing immediate income
• High quality existing improvements currently being used as a dental practice
• Proven owner occupier apartment market with outstanding success from nearby projects in the immediate vicinity
• Unrivalled position overlooking Kew Junction shopping village, within easy reach to Glenferrie Road Hawthorn shopping strip and moments from Victoria Gardens Shopping Centre
• Strong performing suburb with a median house price of $2,100,000** and a proven apartment market
* Denotes Approx ** Source REA Group
Colliers International Hamish Burgess +61 421 641 497 Jun Lai (Chinese name) +61 456 535 000 Peter Bremner +61 412 326 942
Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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