Knight Frank in conjunction with Jellis Craig are excited to offer for Sale this Approved Boutique Residential Development Site superbly positioned in the premium inner eastern suburb of Hawthorn East featuring direct access to Victoria Road Reserve at the rear.
This property represents a ready to go development opportunity for a luxury apartment project with oversized apartments and provides scope to reduce apartment sizes and increase dwelling density (STCA) if desired.
This exciting offering can be summarised by the following key attributes;
- Approved plans and permit for luxury apartment project with oversized apartments up to 225sqm approx. - Scope to reduce apartment sizes and increase dwelling density (STCA) - Total land holding of 900sqm approx. - Prominent frontage of 22.70m approx. - Direct access to Victoria Road Reserve at rear - Walking distance to Auburn Village retail strip, Auburn Train Station and some of Melbournes finest private schools - Situated approximately 6.5kms east of Melbourne's CBD - Located within Blue Chip suburb with median house price of $1,808,500 - Will also suit townhouse redevelopment and other non-residential uses (STCA)
To receive further information please contact any of the exclusive marketing agents:
Map for 32 & 32A Rathmines Road Hawthorn East VIC 3123
Map for 32 & 32A Rathmines Road Hawthorn East VIC 3123
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Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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