SUBSTANTIAL LAND HOLDING || DEVELOPER'S DREAM
Description
Crabtrees Real Estate are pleased to offer for sale this substantial land holding of 1,235 sqm located at 40 Sasses Avenue, Bayswater.
Situated on a 1,235 sqm* landholding with a total frontage of 28.6 m* to Sasses Avenue, this parcel of land is located in a 'Neighbourhood Residential Zone' and is ideal for re-development with options including multi-unit project, townhouses or redevelopment/extension of the existing improvements (STCA).
Logistically, Sasses Avenue is more commonly known for major bus links, with three (3) routes connecting far and wide including Monash University, Knox City Shopping Centre, EASTLAND and The Glen with multiple stops within walking distance.
Amenity is rich, with three (3) primary schools within walking distance, 2km from Bayswater Train Station and retail precinct, 3km from Knox City Shopping Centre, 1.7km from The Mountain High Centre & 1.5km to The Knox Club.
NOTE: The existing dwelling, of (4) beds + study, (2) bathrooms and (2) garages over one (1) level is leased until June 2023 with a long standing tenant, whom has been in occupation for over 9 years.
Property features:
+ 1,235 sqm land holding
+ 28.6 metre frontage
+ Public transport: 3 bus stops within 100 meters
+ 3 Primary schools within walking distance
+ Secure lease until June 2023 returning $390 per week
+ Multi-unit development project
Crabtrees Real Estate is built on history, reputation and expertise.
We offer a level of knowledge others can't match.
Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!
Situated on a 1,235 sqm* landholding with a total frontage of 28.6 m* to Sasses Avenue, this parcel of land is located in a 'Neighbourhood Residential Zone' and is ideal for re-development with options including multi-unit project, townhouses or redevelopment/extension of the existing improvements (STCA).
Logistically, Sasses Avenue is more commonly known for major bus links, with three (3) routes connecting far and wide including Monash University, Knox City Shopping Centre, EASTLAND and The Glen with multiple stops within walking distance.
Amenity is rich, with three (3) primary schools within walking distance, 2km from Bayswater Train Station and retail precinct, 3km from Knox City Shopping Centre, 1.7km from The Mountain High Centre & 1.5km to The Knox Club.
NOTE: The existing dwelling, of (4) beds + study, (2) bathrooms and (2) garages over one (1) level is leased until June 2023 with a long standing tenant, whom has been in occupation for over 9 years.
Property features:
+ 1,235 sqm land holding
+ 28.6 metre frontage
+ Public transport: 3 bus stops within 100 meters
+ 3 Primary schools within walking distance
+ Secure lease until June 2023 returning $390 per week
+ Multi-unit development project
Crabtrees Real Estate is built on history, reputation and expertise.
We offer a level of knowledge others can't match.
Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!
