1B-1C Tovan Akas Avenue, Bentleigh VIC 3204

Colliers is pleased to present 1b-1c Tovan Akas Avenue, Bentleigh for sale by Expressions of Interest closing Wednesday 30th November 3pm.

This blue-chip infill development opportunity with a substantial showroom and warehouse on site provides the ultimate flexibility to develop now, owner occupy or reposition and hold.
Situated in the inner metro suburb of Bentleigh, and surrounded by amenity, transport and abundance of parkland this is an exceptional development proposition.

Key highlights include:
• Substantial Residential Growth zoned site of 5,438m²*

• DDO allowing scope for 4-5 storeys (STCA)

• Flexible opportunity suited to apartments, townhouses and/or alternative use

• Prime Bentleigh location, only metres from Brighton East, approximately 13 kilometres from
Melbourne CBD

• Significant existing showroom/warehouse improvements allowing for longer term income or to occupy for your own business

• Blue-chip location in highly sought-after suburb with parklands on its doorstep, including Dendy Park, Victory Park, Allnutt Park & Bentleigh Reserve

• Well-established residential area, with a strong median house price sitting at $1.62million, the demand for townhouses and apartments in this location will be strong as the gap between established houses and apartments continues to broaden

• Extremely well connected to greater Metropolitan Melbourne via close proximity to all modes of public transport and major arterials, including Nepean Highway

• Surrounded by premier retail strip amenity including Centre Road Bentleigh, Hampton Street, Tucker Road, Nepean Highway

• Highly acclaimed educational and heath institutions in close proximity

*approximately

Remember to mention you found this property on DevelopmentReady