843 Whitehorse Road, BOX HILL VIC 3128
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- 18 Nov 2016
Box Hill's Best Corner Development Opportunity
Savills is pleased to offer for sale this high profile corner landholding, situated within the heart of Box Hill's 'Major Development Precinct' at 843 Whitehorse Road, Box Hill. Located in one of Melbourne's largest and most important major activity centres and Melbourne's strongest apartment market, this exceptional development site 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 1,972sq m*
- Extensive combined street frontage of 92m*
- Soon to be rezoned to Commercial 1 Zone (to be sold subject to rezoning)
- Situated within Box Hill's 'Major Development Precinct', providing potential for a landmark redevelopment (STCA)
- Significant development height precedent set of up to 36 levels in the immediate vicinity (current planning application for 37 levels across the road)
- Short-term income
- Incredible local and off-shore demand for apartments
- 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 such a large and prominent landholding is exceptionally rare, and this site represents one of the final major development opportunities within Box Hill. Accordingly we encourage prospective purchasers to actively consider this outstanding opportunity.
843 Whitehorse Road, Box Hill is For Sale.
For further information, please contact:
Clinton Baxter - 0413 569 888
Nick Peden - 0402 011 266
Jesse Radisich - 0402 085 702
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
843 Whitehorse Road BOX HILL