Striking Mixed Use Development Site

280 Waverley Road, Malvern East, Victoria 3145

Land For Sale

For Sale
Floor Area: 704.00 m2.    

Building Class: B

Description

Colliers International presents for immediate private sale 280 Waverley Road, Malvern East. A permit approved mixed use development situated within Waverley Road Shopping Centre Precinct.

The opportunity is situated on a rectangular shaped parcel of land which benefits from existing improvements and dual street access. The approved permit incorporates a striking mixed use design features 15 residential apartments together with a sizeable restaurant at ground level.

Key highlights of this development opportunity are below:

• Site area of 704m²* and 30m* combined frontage along Waverley Road (front) and Terminus Lane (rear).

• Commercial 1 Zone (C1Z) within the City of Stonnington planning scheme.

• 339m²* of Retail with a restaurant permit (120 seats) and 15 apartments over 4 levels.

• Total development NSA of 1,077m²* plus NLA of 339m² (total of 1,416m²).

• Existing commercial building of 200m²* and outbuilding of 70m²* .

• Situated nearby world-renowned Chadstone Shopping Centre, Waverley Road Shopping Precinct, Monash University Caulfield Campus, Holmesglen Tafe, East Malvern Station, Caulfield Station.

• 12km* south east of Melbourne’s CBD conveniently accessible via the Monash Freeway and multiple public transportation options.

*Approx

Features

  • Permit for 15 apartments plus restaurant
  • Site area of 704m²
  • 30m* combined frontage
  • Commercial 1 Zoning (C1Z)

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