The Savills, Commercial Sales Team have on offer 3 prime development sites for sale across Melbourne. Locations include the premium suburbs of Camberwell and Essendon in addition to a key site within the Dandenong Activity Centre precinct. On offer is a site suitable for a premium luxury residential project, a
35-apartment plus retail site with an approved planning permit and a landmark investment site with secure retail income presenting huge development upside. All sites are in high-growth locations with established amenities. Here’s a brief overview:
1059-1061 Toorak Road, Camberwell, VIC 3124
This magnificent site offers an opportunity to construct a premium luxury residential project within the highly sought after Camberwell location l. With a total land area of 1,700 sqm including a 36 sqm frontage, this really is a prime development site within this proven apartment market location - just 10kms east of Melbourne’s CBD. Zoned, General Residential Zone 5, its position on the door-step to a wide array of retail, dining, elite educational options plus a short stroll to Hartwell train station, makes this site highly credentialed.
113 Keilor Road, Essendon, VIC 3040
This premium Essendon land holding has a recently Approved Permit in place for a superb 35-apartment plus retail project. With a high-profile land holding of 836 sqm, its location, only 10 kms from the CBD makes this site an exceptional investment opportunity. Essendon is a high demand suburb in Melbourne’s north-west with a strong median house price of $1,330,000 (Core Logic).
Amenities are plentiful and include the vibrant Niddrie Central Shopping Centre, Keilor Road trams, plus the Essendon/Glenbervie Train Stations only a short drive away.
View more details: https://www.developmentready.com.au/properties/keilor-road-essendon-vic-3040
1-25 Princes Highway, Dandenong, VIC 3175
This outstanding retail freehold has a comprehensive Development Zone 2 status allowing for a high-density development with an immediate height precedent of 12 plus levels. This site is situated within the heart of the Dandenong Activity Centre.
With a total land area of 2,682 sqm and two street frontages totalling 166.8 metres, this really is a prized development opportunity. Currently leased to KFC and returning a solid net rental of $265,648 per annum this site is nearby to many other high-quality retailers - including Woolworths, Coles, Aldi, Kmart, Target, JB Hi-Fi, Reading Cinemas plus in close proximity to Dandenong Train Station and East Link and Monash Freeway.
" Uniformly these sites are located in high profile, in-demand suburbs. All present exciting development opportunities in their own right on account of their proximity to transportation, retail and other key amenities. For future purchaser’s these key attributes tick-off important investment criteria’s”. Jesse Radisich, Savills.
Please note that all financials, measurements and distances quoted are approximate only.
For additional information on any of these featured development sites, please contact the Savills team.