Pictured above: Artists impression of 10-16 Selwyn Street, Elsternwick
The property arm of Woolworths Group, Fabcot Pty Ltd, is seeking a development partner for its approved mixed-use precinct at 10-16 Selwyn Street, Elsternwick.
The project received approval through the Victorian Civil and Administrative Tribunal (VCAT) last year and includes high-quality mixed-use retail, 139 boutique residential apartments across two architecturally-designed residential buildings and a full-line specialty Woolworths supermarket in the heart of Elsternwick.
General Manager of Property Development and Woolworths Group, Andrew Loveday, commented on the project stating, "Following development approval, we are moving into the next phase of the project and seeking a partner who can deliver a vibrant cultural, retail and residential hub for the local community, underpinned by a new Woolworths supermarket.”
The development received feedback from the community, council, and VCAT and underwent significant changes to reflect it.
The site covers 6,000 sqm and includes community space over two levels for the Jewish Arts Quarter and local groups, contributing to Council's vision for a vibrant cultural precinct. Additionally, holds a central location, being found close to Elsternwick Train Station, Glen Huntly Road retail and dining precinct, and tram line.
The International Expressions of Interest campaign commences Wednesday 23rd of February and will be managed by Stonebridge Property Group's Justin Dowers, Julian White, Kevin Tong, and Chao Zhang.
You can view the listing here.