Mortgage Sale - Prime Development Opportunity
A rare gem in the heart of Box Hill North, this expansive 2,558 sqm block at 32-34 Tyne Street offers boundless potential for visionary developers and investors alike. This prime piece of land, situated in a highly desirable and rapidly evolving suburb, presents an exceptional opportunity to create a multi-unit townhouse development, childcare center, or medical facility, all subject to council approval.
Key Features:
• Size & Potential: Boasting a generous land area of 2,558 sqm, this site offers ample space for substantial developments. With zoning that supports various possibilities, it's ideal for those looking to capitalize on Box Hill North's increasing demand for residential and community-based infrastructure.
• Location Perfection: Positioned moments from Box Hill Central, residents will have easy access to a variety of amenities, from bustling retail hubs to diverse restaurants and cafes. Box Hill North's growing reputation as a lifestyle and convenience hub makes it a highly attractive location for families, professionals, and retirees alike.
• Exceptional Convenience: With proximity to top-ranking schools, lush parklands, and public transport options, including the highly anticipated new railway loop, this location is unbeatable for accessibility and ease of commute. Future residents will benefit from seamless connectivity to the CBD and other major areas.
• Growth & Infrastructure: Box Hill is undergoing a remarkable transformation, with major redevelopment projects reshaping Box Hill Central into a dynamic urban center. The suburb's population growth, driven by an influx of residents seeking convenience and community, makes this area a solid investment choice with high potential for future returns.
Whether you're looking to create a standout residential community or a vital public resource, 32-34 Tyne Street offers the ideal canvas to bring your vision to life. Don't miss this rare chance to secure a substantial parcel in one of Melbourne's fastest-growing areas!
View Statement of Information