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Eaglemont’s Most Exclusive Permitted Development Opportunity - #1
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For Sale

Expressions of Interest closing 3rd Mar 2021 Ground Floor, 367 Collins Street, Melbourne
Colliers International is pleased to present “Mount Eagle” for sale known as 33-35 Mount Street, Eaglemont.

The 2,261 sqm* site is in the exclusive suburb of Eaglemont, 10 km* from Melbourne’s CBD, with a median house price of $1,970,000**. The permit allows for the development of an ultra-luxury residential building featuring 13 apartments all with generous private open spaces.

The elevated site is enhanced by an imposing position and aspect, overlooking Albert Jones Reserve and with stunning east facing view lines.

The property is being offered for sale via Expressions of Interest (EOI), closing Wednesday 3 March 2021 at 2pm.

Key features of this development opportunity are noted below:

•Significant 2,261 sqm* land holding and 49 m* frontage to Mount Street
•Excellent plans designed by the highly regarded Chandler Architecture with a recent planning permit for redevelopment to include an ultra-luxury residential building of 13 apartments with a total NSA of 1,701 sqm*
•Tailored apartment typology of 2, 3 and 4-bedrooms; all with generous private open spaces and adequate car parking (total 27 cars) – highly suitable for owner occupier and local downsizer market
•Additional scheme for a four storey development – adding two penthouse apartments – with a proposed NSA of 2,063 sqm*, which represents a 21% increase on the permitted NSA (STCA)
•General Residential Zoning (GRZ2) with permit approval for part two storey, part three storey
•Apartments benefit from stunning east facing view lines overlooking Albert Jones Reserve and the Dandenong Ranges
•Immediate access to quality retail and key employment areas such as Heidelberg Activity Centre and Medical Precinct and to the trendy Eaglemont Village
•Serviced by significant public transport including Heidelberg Train Station, Eaglemont Train Station and the Eastern Freeway
•Sought after and tightly held north-east location, 10 km* from Melbourne’s CBD, with a commanding median house price of $1,970,000**


* Denotes approx.
** Source: CoreLogic RP Data

For further information, please contact the exclusive selling agents at Colliers International.

Joe Kairouz
0421 430 638

Hamish Burgess
0421 641 497
  • 09/05/2021
  • Contact our experts for details on this transaction