Permit Approved Apartment Development Site

Location： Canterbury Road, Heathmont, Melbourne VIC 3135

The key highlights of the opportunity include:

• Permit approved for a 4 level residential development comprising 29 apartments & 4 retail premises
• 2,291 sqm* landholding zoned Commercial 1 & General Residential with a total frontage of 53 m* to Canterbury Road
• Limited supply of residential development sites of this scale, especially in this pocket of Heathmont, which is surrounded by a successful retail precinct (IGA 200 m* away)
• Situated in the City of Maroondah which has a track record of strong apartment sales
• Only 200 m* from Heathmont Train Station allowing connectivity to the Melbourne CBD
• Surrounded by numerous parklands and within walking distance to Viviani Reserve (60 m*) & Heathmont Reserve (500 m*)

*This commercial listing item is in conjunctional with Stonebridge Property Group.