In line with an abundance of development activity across Melbourne’s Inner North, an enormous 44,000sqm of prime Braybrook land has been released via expressions of interest, courtesy of revered agents Knight Frank.
Positioned within general residential zoning stipulations, the site highlights a comprehensive scheme of some 214 townhouses (STCA) distributed across an integrated community atmosphere only minutes to local amenities including Highpoint Shopping Centre, Medway Golf Club and Tottenham Railway Station.
A generous holding income of $1.5m (net) is offered along with the site, providing developers the capacity to realise the existing revenue stream whilst pursuing the project through the requisite planning bodies.
Some 460 metres of Ashley Street frontage in addition to being situated only 8.1km’s from Melbourne’s CBD highlights the significant upside of Ashley Gardens to large scale developers and investment syndicates alike.
For further information, please contact the exclusive Knight Frank agents here.