An exceptional property of 540sqm approx. with unrivalled potential to build a multi-unit development (STCA), or a perfect place to build your family home in this rapidly changing GRZ2 zoned locale. With the existing use offering a whopping 80% (approx) site coverage there is potential to push the envelope to new limits within this zoning (STCA).
A range of development options from apartments to townhouses or a single dwelling, shopfronts to commercial use are possible, and can be sold as vacant possession or with an existing operating business.
With flexible settlement terms and rear lane access via Tranmere Avenue, anything is possible to create the best use of this rare offering. Brilliantly located between Murrumbeena Village and the trendy Koornang Road eat-street, with easy walking distance to 2 train stations, a tram, Koornang Park and local schools.
As the days grow longer and the temperatures rise, summer brings a fresh opportunity to reset your living space. Preparing your apartment for the warmer months isn’t just about comfort—it’s about creating a bright, airy, and enjoyable environment that aligns with the season. Whether you’re looking to beat the heat, … Read more
Article Source : Click Here Nerida Conisbee – Chief Economist In property markets, price pressure usually flows like water – when buyers can’t afford their preferred suburb, they move to the next-best alternative nearby. This “spillover effect” drives faster price growth in adjacent, cheaper areas as displaced demand seeks similar … Read more