FOR SALE
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18-20 Main Road
Monbulk VIC 3793

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 260m2
Land area: 1324m2
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PRIME DEVELOPMENT OPPORTUNITY

RWCommercial Oakleigh is delighted to present 10-20 Main Road, Monbulk to market by way of Private Sale.
This exceptional development site is centrally located in Monbulk's main retail strip along Main Road. Situated directly opposite Monbulk Primary School / Monbulk Recreation Reserve and within walking distance to restaurants and retail establishments, this property offers a remarkable opportunity for your next development project, just 40km from Melbourne's CBD.
Streamline your development process with the inclusion of plans and permits for a three-story structure. The property boasts two (2) retail shops facing Main Road, ensuring excellent visibility and exposure. Additionally, the upper-level features Five (5) 2-bedroom apartments, while at the rear, you'll find Seven (7) 3-bedroom residential townhouses with convenient ROW access to Moxhams Road. The strategic location within a serene and peaceful area guarantees a high demand for such a development.
This property is attractively priced to sell and offers immense potential for developers, owner-occupiers, and investors alike. Don't let this fantastic opportunity slip away. Act quickly to secure this prime investment before it's too late.
Property Features:
• Total land area | 1324m2*
• Existing building area | 260m2*
• Proposed building area | 2,056m2*
• Plans & permits for two (2) retail shop + five (5) apartments + seven (7) townhouses.
• R.O.W access leading to Moxhams Road
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Property Details for 18-20 Main Rd, Monbulk

Building Type
Commercial
Floor Size
260m2
Land Size
1324m2

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About Monbulk 3793

The size of Monbulk is approximately 20.3 square kilometres. It has 12 parks covering nearly 6.2% of total area. The population of Monbulk in 2011 was 3,456 people. By 2016 the population was 3,583 showing a population growth of 3.7% in the area during that time. The predominant age group in Monbulk is 40-49 years. Households in Monbulk are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Monbulk work in a trades occupation. In 2011, 81.4% of the homes in Monbulk were owner-occupied compared with 79.4% in 2016.

Monbulk has 1,654 properties.

    There are currently 11 properties listed for sale, and 1 property listed for rent in Monbulk on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Monbulk.

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    George Kelepouris
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    Ray White Commercial Oakleigh
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