• For sale
Elevated Corner Site in Eastern Corridor
Elevated Corner Site in Eastern Corridor
Elevated Corner Site in Eastern Corridor
Elevated Corner Site in Eastern Corridor
Elevated Corner Site in Eastern Corridor
Elevated Corner Site in Eastern Corridor
Elevated Corner Site in Eastern Corridor
Elevated Corner Site in Eastern Corridor
Elevated Corner Site in Eastern Corridor
Elevated Corner Site in Eastern Corridor
Elevated Corner Site in Eastern Corridor
Colliers International are delighted to offer 855-869 Ferntree Gully Road, Wheelers Hill for sale.

This substantial permit approved development site situated in the heart of Melbourne’s sought-after eastern suburbs holds a prominent position at the corner of Jells and Ferntree Gully Road and occupies a commanding 15,869m² of prime residential land.

The existing permit allows a developer to commence a large-scale development which is sure to succeed. Alternatively, the large land parcel and favourable zoning allow a multitude of alternate residential, aged care or education developments (STCA).

Key investment highlights are as follows
• Prominent elevated position with aspects over Jells Park and the surrounding parkland and Waterways
• High profile landmark position on the corner of Jells Road and Ferntree Gully Road
• Existing permit in place with a high-quality design for a medium density project comprising a total GFA of 17,211m² with well-appointed townhouses designed by CHT Architects
• Well-established residential area and surrounds with a median house price in excess of $1,000,000 and successful medium density projects in the immediate vicinity
• Within easy access to Monash University Clayton Campus and a host of other leading educational institutions such as Caulfield Grammar and Wesley College
• Existing improvements provide refurbishment and/or display suite opportunities
• Surrounded by a host of retail amenity including The Glen, Brandon Park Shopping Centre, Westfield Knox and much more

For more information please contact the exclusive marketing agents at Colliers International.

Ted Dwyer
0411 312 165

Alex Browne
0418 350 545

Hamish Burgess
0421 641 497

Joe Kairouz
0421 430 638

*approx

Property Details