This tremendous development opportunity is positioned in the heart of Bayswater in Melbourne's eastern region and is available for Private Sale.
Comprising a substantial land area of 1,430m2 and featuring a 17 metre frontage to Highmoor Avenue and an 83.9m*depth.
Ideally suited for a residential town house / terrace house development or multi level apartment development.
Current town planning permits allow for a residential development of 16 high quality apartments over 3 levels with basement car parking for 25 cars.
Perfectly positioned within metres to Bayswaters commercial and retails precinct offering an abundance of retail shops, restaurants, Aldi and Coles supermarkets, Commonwealth Bank, medical centres, Bayswater Primary and Secondary school, sporting grounds and only 400m* to Bayswater train station.
This property is well serviced from multiple major arterial roadways, easily accessed by the Eastlink freeway via Mountain Highway and only 30kms* to the Melbourne CBD.
Property features:
- Substantial land area of 1,430m2*
- Suitable for residential apartment or town house / childcare / medical development (STCA)
- Plans and permits for 16 apartments over 3 levels
- Tremendous location with an abundance of amenities
- General Residential Zone - schedule 4
Please contact CVA for further information.
*Approximately