Premium Development & Investment Opportunity
Auction
Situated on one of Sunbury’s most prominent streets, this exceptional 820m² (approx.) parcel offers a rare opportunity for developers, investors and owner-occupiers alike. Located just moments from the heart of Sunbury and directly opposite Kennards Self Storage, this high-exposure site presents significant future development potential.
Key Features
– Approx. 820m² land holding with no easements
– General Residential Zone (GRZ)
– Existing planning permit available for 4 contemporary townhouses
– Existing 2-bedroom home currently leased on a month-to-month basis, providing holding income
– Walking distance to Sunbury Train Station, shopping precincts, schools, cafes and restaurants
– Easy access to Calder Freeway, Melbourne Airport and Melbourne CBD
Approved Development
Planning permit available for:
– Unit 1: 3 bedrooms, 2.5 bathrooms, 2 car spaces
– Unit 2: 3 bedrooms, 2.5 bathrooms, 1 car space
– Unit 3: 2 bedrooms, 1.5 bathrooms, 1 car space
– Unit 4: 3 bedrooms, 1.5 bathrooms, 2 car spaces
Outstanding Location & Future Potential
Positioned directly opposite Kennards Self Storage and surrounded by established residential and commercial amenities, the property’s prominent location offers outstanding exposure and accessibility.
Subject to council approval, the site may also suit alternative redevelopment opportunities including:
– Childcare centre
– Medical centre
– Dental clinic
– Allied health facilities
– Professional consulting suites
– Mixed-use development
The combination of strong passing traffic, excellent visibility, proximity to public transport and central Sunbury amenities makes this a compelling proposition for both residential and commercial-minded developers.
Whether you choose to utilize the existing approved plans or explore alternative development outcomes (STCA), this is a rare opportunity to secure a highly versatile site in one of Sunbury’s most sought-after locations.
Inspect today and unlock the full potential of this outstanding development opportunity.
Due diligence checklist – for home and residential property buyers – http://www.consumer.vic.gov.au/duediligencechecklist.
This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
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