Ray White Commercial Oakleigh is delighted to offer for private sale, a rare opportunity to acquire 819m2 approx land zoned General Residential 1 (GRZ1), with approved plans and permits for an outstanding mixed-use development.

Rarely is such a quality development opportunity offered to the market in such a premium lifestyle location.

Whether you are looking to develop, occupy or invest - this versatile land parcel is certainly one you should not ignore!

Property Details Include:

• Total land area | 819m2 approx
• Site offers the flexibility to either occupy, invest or to utilise the current permits for a mixed us development
• Unique opportunity to acquire an investment with multi-tenancy potential
• Walking distance to bustling Dandenong Road, Chadstone shopping centre & public transport
• Residential 1 Zone (GRZ1)

Development Information:

8 Murrumbeena Road Murrumbeena comes complete with approved plans and permits, valid until 2021 for the following development:

• 6 Permitted Medical Suites
• 12 Car spaces for Medical including 1 with disables access
• 3x3 Bedroom, 2 Bathroom, 2 Garage Townhouses
• No Basement Construction!

Potential site for Apartments or further townhouses STCA as there are many precedents in the immediate area.

For further information or to receive a copy of the information memorandum please contact one of the exclusive marketing agents from Ray White Commercial:

PRIVATE SALE | $1,700,000

Leigh Kelepouris | 0422 283 480
George Kelepouris | 0425 798 677