Exceptional Development Opportunity
Expressions of Interest: Offers Close Wednesday 31st May at 5pm (Unless Sold Prior)
This prominent corner landholding (1942 m2 approx) presents an exceptional and increasingly rare opportunity to secure this development site just 350 metres from Montmorency’s thriving Were Street, with its station and eclectic blend of shopping, dining, café and entertainment options.
To be sold with endorsed plans for a 63-place childcare centre that will include four group rooms, outdoor play areas and on-site parking, buyers can look to explore other options to take full advantage of the location and the current zoning (residential zoning NRZ3).
• Versatile corner allotment of 1924m2
• 40m frontage to Rattray Road
• 58 m frontage to Mountain View Road
• Zoned Neighbourhood Residential 3 (medium density)
• Currently improved by two separate buildings totalling 479 m2 with re-purposing potential to suit an array of users (stca )
• Montmorency sits within the City of Banyule, a Victorian
Government high priority precinct. The last census noted that
young families are on the increase in this area. Population growth
is forecast at a 7% increase by 2027 and 12% by 2036
• (All measurements are approximate)
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