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768 Whitehorse Road
Mont Albert VIC 3127
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768 Whitehorse Road Mont Albert VIC 3127

  • Development / Land
  • 1,649 m²
  • For Sale, Contact Agent

Blue-Chip Development Opportunity Directly Opposite To Kingsley Gardens

  • 1,649sqm* RGZ Park Fronted Landholding
  • Significant Development Scope
  • Strong Current Income of $157,000 p.a.*

CBRE Melbourne Metropolitan Sales in conjunction with Vinci Carbone is pleased to
exclusively present for your consideration a blue-chip development opportunity directly opposite to Kingsley Gardens.

This premium opportunity offering can be summarised by the following key attributes:

+ 1,649sqm* Residential Growth Zone (RGZ) park fronted landholding

+Established improvements with a lease until June 2024 (no options) returning approximately $157,000 per annum*

+ Architectural concept plans prepared by award winning architectural firm Cera Stribley

+ 33m* frontage to Whitehorse Road located directly opposite to the 2.4ha* green oasis of Kingsley Gardens, attracting premium end sales rates for apartments.

+ A strong median house price nearing $2,500,000* (***) with 23% capital growth since March 2021

+ The property is surrounded by ample amenity including Box Hill Central (featuring 190 retail stores and Woolworths & Coles) only 900m*, 500m* to Box Hill Hospital & Box Hill Gardens and a short walk to Whitehorse Road food & retail strip

+ A strong foundation of educational institutions including Box Hill Institute (500m*), Box Hill Secondary College (800m*), Fintona Girls Grammar (2.5km*) and Balwyn High School (3km*)

+ 10min* walk to Box Hill Train Station and the newly redeveloped Union Train Station. The 109 Tram is on the site's doorstep providing direct access to Melbourne's CBD and Box Hill Central

For further information please contact any of the sales and marketing agents of CBRE & Vinci Carbone noted below:

CBRE

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

David Minty
+61 422 564 199
david.minty@cbre.com.au

Vinci Carbone

Frank Vinci
+61 418 375 375
fvinci@vincicarbone.com.au

Joseph Carbone
+61 418 351 316
jcarbone@vincicarbone.com.au

*Denotes Approx.

Property Highlights

Floor Area700 m²
Land Area1,649 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2019117846
Category
Last updated  1 May 2024
Map for 768 Whitehorse Road Mont Albert VIC 3127

Property Highlights

Floor Area700 m²
Land Area1,649 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2019117846
Category
Last updated  1 May 2024

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