Located only 5km north-west of Melbourne's CBD, this well-positioned Ascot Vale land holding of 3,826 sqm is justifiably a valuable, potential development opportunity (STPA). Exclusively marketed by the Cushman & Wakefield, Melbourne team of Patrick O'Callaghan, Nick Bourke and Tristan Parker, this site currently has Commercial 1 Zoning with a design and development overlay of 18 metres (5 storeys), for key sites under the Moonee Valley City Council planning scheme.
Ascot Vale offers a welter of amenities - embracing the Ascot Vale Train Station (only 10 minutes to City Loop), Moonee Ponds Junction retail precinct including Puckle Street, Ascot Vale Primary school, numerous parks and the renown Royal Park, home to the Melbourne Zoo.
Comprises of 2 adjoining lots - 1,666 sqm and 2,160 sqm, this site will initially be auctioned as one 3,826 sqm offering, however if under reserve it will be auctioned in 2 individual parcels.
" Ascot Vale is certainly a key location that many investors are currently seeking development opportunities. The overall potential of this site will certainly attract attention from a large cross-section of investors” - Patrick O'Callaghan, Cushman & Wakefield
Summary:
- Valuable Ascot Vale land holding of 3,826 sqm (2 adjoining lots)
- Zoned Commercial 1, potential for 18 metres (5 storeys, STPA)
- 5km north-west of Melbourne's CBD
- Ascot Vale offers a welter of amenities – close proximity to transportation, retail, and park lands
Please note that all financials, measurements and distances quoted are approximate only.
327-357 MT ALEXANDER ST, ASCOT VALE is for sale via Auction on Thursday 13th July 2017 at 12:30PM. For further information, please contact Cushman & Wakefield – Melbourne:
Patrick O'Callaghan: +61 447 170 007
Nick Bourke: +61 419 516 860
Tristan Parker: +61 423 880 688
Or visit: https://www.developmentready.com.au/properties/melbourne-06-17-1497595587
