BLUE-CHIP DEVELOPMENT OPPORTUNITY DIRECTLY ADJACENT TO KINGSLEY GARDENS

Vinci Carbone in conjunction with CBRE Melbourne Metropolitan Sales is pleased to exclusively present for your consideration a blue-chip development opportunity directly opposite to Kingsley Gardens.

This premium opportunity offering can be summarised by the following key attributes:

• 1,649 sqm* Residential Growth Zone (RGZ) park fronted landholding.
• Established improvements with a lease until June 2024 (no options) returning approximately $157,000 per annum*.
• Architectural concept plans prepared by award winning architectural firm Cera Stribley.
• 33m* frontage to Whitehorse Road located directly opposite to the 2.4ha* green oasis of Kingsley Gardens, attracting premium end sales rates for apartments.
• A strong median house price nearing $2,500,000* (Realestate.com.au) with 23% capital growth since March 2021.
• The property is surrounded by ample amenity including Box Hill Central (featuring 190 retail stores and Woolworths & Coles) only 900m*, 500m* to Box Hill Hospital & Box Hill Gardens and a short walk to Whitehorse Road food & retail strip.
• A strong foundation of educational institutions including Box Hill Institute (500m*), Box Hill Secondary College (800m*), Fintona Girls Grammar (2.5km*) and Balwyn High School (3km*).
• 10min* walk to Box Hill Train Station and the newly redeveloped Union Train Station. The 109 Tram is on the site’s doorstep providing direct access to Melbourne’s CBD and Box Hill Central.

768 Whitehorse Road, Mont Albert is For Sale Via Public Expressions of Interest Campaign Closing Thursday 18 April 2024 at 12:00PM (AEST)

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