Savills, on behalf of Barry Kogan and Matthew Caddy of McGrathNicol the Agents for the Mortgagee in Possession, is delighted to offer for sale 92 Railway Parade, Pascoe Vale.
92 Railway Parade represents a highly sought after opportunity to acquire a high profile development site in an outstanding location, within direct proximity of an abundance of retail and lifestyle amenity.
The key attributes of the property include:
- Ideal landholding of 988sq m* that may benefit from a "possessory title Land in occupation" for an additional 74sq m* which appeared in the previously endorsed plans - Vacant and fully cleared development site - General Residential Zone 1 - Direct proximity to extensive retail amenity including DFO Essendon - A short distance to Pascoe Vale Train Station and extensive bus routes - Well located only 10kms* from the Melbourne CBD - Suit a range of development outcomes (STCA), previously approved for 5 townhouses
The opportunity to secure a prominent development site in such a highly sought after location is extremely rare, especially when you consider the location, size of the site and the surrounding amenity that a new development will be able to capitalise on.
92 Railway Parade, Pascoe Vale is For Sale by Public Auction on Wednesday 13 December at 12 noon on site.
