Exclusive listing Agents Hamish Burgess, Bryson Cameron, Ben Baines & Jun Lai of Colliers International have unveiled one of the most exclusive blue-chip townhouse opportunities the market has seen this year.
Located only 12 km south-east of Melbourne's CBD, this noteworthy Ashburton land holding of 1,450 sqm is permit approved for 15 high quality townhouses, this site presently consists of two adjoining homes which currently provide an income from the existing tenancies.
Ashburton is renowned for its lifestyle amenities - expansive parklands, bike trails, large leafy green blocks, excellent primary schools, proximity to private schools, access to recreational facilities, public transport and the vibrant Ashburton Village.
St Michaels, Ashburton and Glen Iris Primary Schools plus Holmesglen Institute, Monash University (Caulfield and Clayton campuses), Deakin University (Burwood campus) and Swinburne University (Hawthorn campus) are easily accessible. Transportation is excellent with the choice of Holmesglen and Alamein train stations plus the Monash Freeway link. Woolworths is only 150 metres away, whereas the renown Chadstone Shopping Centre is a mere 2-kilometres in distance.
This site is clearly placed in one of Melbourne's most sought-after residential suburbs which currently boasts a median house price of $1,670,000 (Core Logic). Notably, the City of Boroondara is recognised as an established property market and the design of this project capitalises on maximising the efficiency of the site and creating an appealing product for the Ashburton market.
"A Permit approved site of this design with its Ashburton location presents an outstanding residential project offering. With such a strong median house price in the area, great schools and an abundance of retail amenity the end-product will be highly sought after making this an outstanding development proposition. Hamish Burgess, Colliers International.
- Highly valuable Ashburton landholding of 1,450 sqm
- Permit Approved for 15 high quality townhouses
- Currently 2 adjoining homes providing an income from the existing tenancies
- 12 km south-east of Melbourne's CBD
- Welter of lifestyle amenities – education, recreation, public transport and retail
- Part of the City of Boroondara – a proven property market
12-14 High Street Road, Ashburton is For Sale by EOI Closing Wednesday 13th September 2017 at 2pm.
For further information please contact Colliers International:
Hamish Burgess - 0421 641 497
Bryson Cameron - 0434 608 316
Ben Baines - 0438 328 407