274a Millers Road, Altona North, VIC 3025

Development/Land

For Sale Contact the Stonebridge Team

  • Property ID: 443812
  • Floor Area: 1m²
  • Land Area: 21470m²
  • Occupancy: Vacant
Receivers Sale - Permit Approved Retirement Village

Stonebridge Property Group is pleased to present for sale 274a Millers Road, Altona North, acting under instructions from Receivers and Managers, Grant Thornton.

This 2.147 Ha* landholding located in the heart of Altona North is permit approved for a 5 building, 285-unit retirement village.

The landholding is adjacent to the Woolworths and Bunnings anchored Millers Junction Shopping Centre, which offers a wide variety of retail amenity, and presents a rare opportunity to deliver a flagship development in an area with an under provision of quality retirement village offerings.

Key highlights of the property include:

- Permit approved for a 5-building retirement village, designed by renowned architect Moull Murray, containing 285 units, communal gardens and a restaurant

- Prominent 2.147 Ha* Special Use Zone 1 landholding opposite the Woolworths and Bunnings anchored Miller Junction Shopping Centre

- 84 m* frontage to a major arterial, Millers Road, with convenient access to the West Gate Freeway and Melbourne CBD (10 km*)

- Nearby popular lifestyle amenity including Altona Gate (1.5 km*), Altona Beach (3.5 km*) and the Altona Lakes Public Golf Course (745 m*)

- Under provision of quality retirement village offerings in the immediate area

- Will benefit from the added amenity of Precinct 15 (1.5 km*), a strategic revitalization of Altona North, expecting to accommodate up to 7,000 new people and a new town centre

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Julian White
0422 764 137

Chao Zhang ??
0411 625 068

* Approximately

Acting under instructions from Receivers and Managers, Grant Thornton

Property Code: 663

Altona North Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $2519 $180 7.13%
Retail $2605 $223 8.54%
Industrial $3429 $175 5.11%
This is the average advertised price, rent and yield for Altona North, VIC 3025*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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