Price Undisclosed
12 Bed • 5 Bath • 6 Car • 1687m²
New
Sold
Sold
544 - 548 Boronia Road, Wantirna VIC 3152
Price Undisclosed
- 12Bed
- 5Bath
- 6 Car
- 1687m²
House Sold on Thu 24 Dec, 2015
What's around Boronia Road
House description
“3 LOT DEVELOPMENT / MIXED USE SITE WITH BIG RETURNS”
FORTUNE favours the smart..... A PROPOSED RESIDENTIAL GROWTH ZONE C131 AMENDMENT SCHEDULE 1 HAS BEEN APPLIED OVER THESE PROPERTIES AS OF JAN 2015 & ADOPTED BY KNOX COUNCIL.
Hard to find, hard to believe but here you go developers, investors & commercial enthusiasts! A combined 1687 SQM, 3 street facing blocks side by side, 3 or 4 storey “HIGHER DENSITY” compatible site conveniently positioned on a service lane in the fast paced Wantirna postcode. Area expert advice highlights this site could potentially yield 40-45 apartments or 10 townhouses and or numerous mixed use applications dependant on the approach? Located in the Regency Park Estate, close to Knox Hospital, a short walk to The Knox Club, Wantirna Mall & public bus transport directly out front. With ready access to a range of schools, shopping centres, commuters will delight in the close proximity to the Eastlink arterial road network just minutes away. Any future use STA
Offering up to 9 month settlement time frame, these 3 generous sized homes should comfortably generate approx. $64,000 annually on leasebacks post settlement till planning approval time.
544 Boronia RD - 4 bed, 2 bath, L shape living area DBL CARPORT
546 Boronia RD - DBL story 4 bed, 2 bath, 2 living zone home DBL CARPORT
548 Boronia RD - 3 bed plus study, 1 bathroom, L shape living Tandem DBL CARPORT
MORE INFO INCLUDING VENDOR STATEMENTS AVAILABLE UPON REQUEST - NOTE RGZ FULL APPROVAL PENDING
STATE MINISTERIAL DEPARTMENT FINALIZATION