Strategic Infill Development Opportunity in Hughesdale


July 2018
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Strategic Infill Development Opportunity in Hughesdale

26-28 POATH ROAD, HUGHESDALE, VIC
A development site in Hughesdale, Melbourne, has recently been made available to the public, placing developers and investors in good stead to capitalise on its untapped potential.

The site currently contains two established homes with a combined land area of 2,820sqm and General Residential 2 Zoning. The highly sought-after location, at 26 – 28 Poath Road, Hughesdale, is rich with significant amenities in close proximity.

David Butera and Robert Butera of Mulcahy Butera Real Estate, in conjunction with Joseph Catanese and Mark Bury of Real Properties, have been appointed to sell the property via an expression of interest campaign that will close at 5pm on Thursday 16 August 2018.

The offering comes with concept architectural plans already drawn and available for inspection. The proposed development scheme will encompass 45 apartments (a mix of one, two and three bedroom dwellings) across three levels with additional basement parking. Serious developers and investors are advised to enquire today to receive the full details.

Walk everywhere with this highly desirable locality

Residents will enjoy the site’s optimal location with an abundance of significant amenities within a short stroll.

Chadstone Shopping Centre, with its plethora of fashion, dining and entertaining offerings, is only a six-minute walk; Hughesdale Station, with connections to the Cranbourne and Pakenham Train Lines, is a seven-minute walk; and the family friendly Boyd Park is just a four-minute walk away.

A number of quality school options surround the property and Monash University’s Caulfield Campus lies only a short train ride away too.

“The Poath Road address brings many advantages to end-user residents and, as a result, potential developers too. Short walking distances to all necessary amenities, accompanied by nearby parks entertaining options, make the liveability of the area incredibly appealing,” David Butera of Mulcahy Butera Real Estate notes,

“The nearby train stations and easy access to the Monash freeway will also provide residents with the freedom to come and go as they please.”

Poath Road Hughesdale Summary

  • Land Area: 2,820sqm with Poath Road frontage of 45.72m.
  • Zoning: General Residential 2.
  • Development concept plans available.
  • Long settlement available - Vendor flexibility.
  • Direct proximity to Chadstone Shopping Centre, Hughesdale Station and surrounding schools.
  • For sale via expression of interest, closing Thursday 16 August at 5pm, (unless sold prior).

*Please note that all financials, measurements or distances quoted above are approximate only.

For further information please contact the Mulcahy Butera and Real Properties teams and mention Development Ready in your interactions.

Mulcahy Butera
David Butera - 0424 388 348
Robert Butera - 0411 630 036

Real Properties
Joseph Catanese - 0418 367 514
Mark Bury - 0450 096 137

To view more details on the listing click here.

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