3-5 Thistle Grove

Highett VIC 3190

1815 m²

House

Currently for sale - view listing

Overview

Prime Highett Development: Scalable Potential Under Updated Planning Rules

Sale by SET DATE® Closing Tuesday, 27th October at 5:00pm unless sold prior. Positioned in the heart of Highett, this substantial 1,816sqm (approx.) landholding across two side-by-side allotments (3 & 5 Thistle Grove) offers visionary builders and developers an extraordinary opportunity. While the previous planning permit for 26 apartments has expired, the comprehensive plans provide a proven blueprint for site capacity. Crucially, recent changes to local planning controls now permit additional residential dwellings, unlocking greater development upside for the site. More importantly, updated planning scheme framework now unlocks scope for increased height and yield (STCA), allowing you to significantly scale up the original vision and maximize your return on investment. Zoned Precinct Zone (PRZ) to support higher-density development, the strategic site seamlessly connects future residents to an enviable lifestyle. It sits just footsteps from Highett Station, Woolworths, and the vibrant Highett Village retail strip, with Southland Shopping Centre, top schools, parks, and Nepean Highway all within easy reach. Capitalise on the upgraded density potential and immense local apartment demand in one of the Bayside fringe's most connected pockets. Note: Final Sale price may subject to GST. Contact us today to review the previous plans and discuss the expanded potential of this premier site.