Savills is pleased to offer for sale this remarkable freehold office building with enormous development potential located at 820 Whitehorse Road, Box Hill.
Located in one of Melbourne's largest and most important major activity centres, this exceptional development opportunity presents a rare opportunity to create a truly landmark mixed-use development, in immediate proximity to Box Hill's finest amenity.
Key attributes of this outstanding property include:
- An exceptional corner landholding of 1,772sq m*
- Situated within the 'Major Development Precinct' of Box Hill, allowing for a landmark redevelopment
- Quality existing office building of 1,835sq m* with 65 car spaces
- Commercial 1 Zone
- Vacant Possession
- Planning advice from 'Contour Town Planners' indicating a potential height of 25 levels + (STCA)
- Incredible local and off-shore demand for apartments, with a 511-apartment project three doors up (850 Whitehorse Road) recently selling out in just weeks
- A superb location within the heart of Box Hill in direct proximity to Box Hill Central Shopping Centre, Box Hill Train Station, Box Hill Institute, the hospital precinct and Box Hill Gardens
The opportunity to secure a major suburban office building set on a massive and extremely valuable land parcel is very rare, and accordingly we encourage prospective purchasers to actively consider this outstanding opportunity.
820 Whitehorse Road, Box Hill is For Sale by Expressions of Interest closing Wednesday 23 September at 2pm.
For further information, please contact:
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888