Outstanding Permit Approved Parkside Development

Land For Sale

For Sale
Land Area: 4,645.00 m2.

Description

Colliers International is pleased to offer this magnificent development opportunity surrounded by an abundance of parks with uninterrupted CBD views.

35 Urqhuart Street, Coburg is for sale by Expressions of Interest closing Wednesday 10th August at 2pm.

Key property features include:
• Large corner site of 4,645m2*
• Combined street frontage of 114m*
• Activity Centre Zone 1
• Approved permit in place for 250 apartments* + retail spread over two high quality buildings
• 'Rothe Lowman' designed scheme prepared which shows an increase in yield to 334 well designed apartments* + retail largely within the existing permitted building envelopes (STCA).
• Superb location surrounded by parks and an extraordinary level of amenity, including nearby Bridges Reserve/Coburg Leisure Centre and popular & varied retail along Sydney Road
• Potential for unobstructed views over McDonald Reserve towards the CBD
• An unprecedented permit approved parkside development opportunity, which offers significant upside potential

*Approximately