Online Auction Thursday 29th October @ 6pm. For bidding registration or for the link to view the online auction, please contact Jason Yan on 0422 363 452.
Set within an established Springvale neighbourhood experiencing significant renewal, this substantial landholding presents an outstanding opportunity for developers, builders and astute investors.
Key features include:
• Rectangular allotment of approximately 728m2;
• Impressive frontage of approximately 17 metres
• Valuable rear laneway access
• Housing Choice and Transport Zone 2 (HCTZ2)
• Excellent flexibility for future planning, design and construction
• Outstanding redevelopment potential (STCA)
Adding to its appeal, the property enjoys an open outlook towards Warner Reserve, with no residential neighbours directly opposite. The reserve is conveniently accessed via the Mile Creek footbridge approximately 100 metres away and offers sporting and tennis facilities, a playground, community facilities, walking paths, established trees and dog-friendly areas.
The HCTZ2 zoning has been designed to encourage greater housing diversity within well-connected activity centre catchments. With numerous surrounding properties already redeveloped or currently under construction, the site is ideally positioned to benefit from the continuing evolution of this central Springvale neighbourhood.
The property is also conveniently located close to Springvale Railway Station, Springvale Shopping Centre, Springvale Market and the area's renowned restaurants and fresh-food retailers. Local schools, Springvale Road, Princes Highway, EastLink and the Monash Freeway are also within easy reach.
Generous dimensions, rear access, favourable zoning and an exceptionally convenient position combine to make this an increasingly rare development opportunity in the heart of Springvale.
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