Rare 1,539sqm parcel with GRZ1 Zoning
4 Simpsons Road, Box Hill
Consider the many options this 1,539sqm (approx.) allotment presently featuring six two-bedroom units, offers to the savvy investor or developer.
With the changes already seen in the City of Whitehorse, look at plans for multiple townhouses or apartments (subject to local council and government approval), or simply land bank with capital growth increasing annually whilst getting an ongoing income from the existing tenants.
- Large double block of 1539sqm (approx.)
- General Residential Zone 1 (GRZ1)
- Within Box Hill High School and Laburnum Primary zones (stsa)
- A short walk to both Box Hill and Laburnum Train Stations plus multiple bus routes
- Outstanding surrounding amenities include Box Hill Central and strip shopping, Box Hill City
Oval, Box Hill Hospital with easy access to the Melbourne CBD
- Solid income stream from the six, two bedroom units until you get your plans done
This blue-chip residential location showcases many successful surrounding projects and reflects the strong demand for higher density developments in this area.
Inspection by Appointment Only.
Photo ID required at all Inspections.
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Lot/Plan No: 5/RP4881