Development/Land

Stonebridge Property Group is pleased to present for mortgagee sale, 25-35 Park Road, Donvale.

A significant 13,728 sqm* landholding with favourable General Residential Zone, and a current permit approval for 35 townhouses.

Donvale known for its leafy locale, is a highly sought after premium Melbourne eastern suburb, boasting a median house price of $1,750,000** underpinning the heightened demand for medium-density dwellings in this precinct.

The property has excellent proximity to retail amenity and nearby schooling options for residents, as well as several parks and recreation reserves.

Key highlights include:

- Expansive 13,728 sqm* landholding with favourable General Residential Zone

- Permit approved for 35 two-storey townhouses

- Multiple ingress/egress points of access via Park Road, Landford Crescent and Wrendale Drive

- Situated centrally to 3 major activity centres, Ringwood, Mitcham & Doncaster

- Exceptional retail amenity nearby including Tunstall Square Shopping Centre (1 km*), Mitcham Shopping Village (1.4 km*), and Eastland Shopping Centre (3.5 km*)

- Proximity to several prestigious schools Donvale Primary School (1.3 km*), Whitefriars College (1.3 km*), Donvale Christian College (2.9 km*) and Carey Baptist Grammar School (3.2 km*)

- Outstanding connectivity via the Eastern Freeway (900 m*), as well as Mitcham Train Station (1.8 km*)

- One of Melbourne’s leafy eastern suburbs, home to Murndal Reserve (150 m*), Mullum Mullum Reserve (450 m*), Donvale Reserve (1.3 km*), Schwerkolt’s Cottage (2 km*) and many other parks, playgrounds and reserves

- Strong median house price of $1,750,000** underpinning the demand for medium density housing in Donvale

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