Back to listings

Land/Development

For Sale

LAND OF OPPORTUNITY

593 & 595-599 Neerim Road, Hughesdale VIC 3166

• Massive 3,881sqm* Land Holding
• Three Street Frontages Totalling 146m*
• Suits a Multitude of Development Outcomes (STCA)

Aston Commercial and Colliers are pleased to present 593 & 595-599 Neerim Road, Hughesdale for Private Sale.

This infill redevelopment proposition has the benefit of three street frontages, a zoning that encourages residential development, proximity to Chadstone Shopping Centre and is positioned in a highly sought after and proven residential market.

Key highlights include:
• Incredibly scarce infill development site suitable for residential development (STCA)
• Three street frontages including Neerim Road, Bletchley Road and Clapham Road totalling 146m* with frontage to Neerim Road of 61m*.
• Proximity to the world-famous Chadstone Shopping Centre and Mixed-Use precinct which is currently undergoing significant redevelopment
• Easy access to Hughesdale train station which is situated just 550m* away
• Tightly held residential area with a median house price $1,390,000 (REIV) and a proven market acceptance for medium density housing
• Both properties have the benefit of existing improvements on-site providing the potential to be leased to provide an income or occupied as a display suite
• Given the high quality location and size of the land holding alternative development outcomes such as Childcare, Retirement Living, Medical or Owner Occupation could also be considered (STCA)
• The property is strategically positioned between three university campuses including Monash University Caulfield, Monash University Clayton and Holmesglen Institute

*approx.

593 & 595-599 Neerim Road, Hughesdale VIC 3166