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SOLD

13 Prospect Street, BOX HILL, VIC 3128

Properties / Sold / Victoria / Box Hill

Development Potential

1. Property Summary

Property Type

Residential, Commercial

Land Area

1,004 m² (*approx)

Selling Method

EOI: Closing Thursday the 19th of November at 4pm

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2. Property Highlights

PRIME BOX HILL HIGH-RISE DEVELOPMENT SITE

Large land holding of 1,004 sqm
Develop up to 25 levels (STCA)
Located in heart of the Activity Centre

Under instructions from Cor Cordis as agent for Mortgagee in Possession, Knight Frank is pleased to offer 13 Prospect Street, Box Hill for sale by Expressions of Interest closing Thursday the 19th November at 4pm.

Situated in the heart of Box Hill’s Activity Centre, 13 Prospect Street offers developers the chance to secure one of Prospect Street's last remaining development sites.

Key benefits of this exceptional offering include: -

• Large land holding of 1,004 sqm with highly flexible Commercial 1 Zoning

• Located in the heart of the Box Hill activity centre with excellent surrounding amenity

• Exceptional development potential of up to 25 levels (STCA)

• Short term income of $17,500 per month (excl. GST); limiting your holding costs

• Established high rise residential/office precinct with strong demand

• Located in an area with record low office vacancies

• Adjacent to Vicinity's Box Hill Central Shopping Centre - proposed $683 million redevelopment

• 100 metres to Box Hill Train Station - servicing the Belgrave and Lilydale Lines

The property is being offered for sale by Expressions of Interest closing Thursday the 19th of November at 4pm.

For further information please contact one of the Knight Frank team

Remember to mention you found this property on DevelopmentReady