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.
HOME BUYERS were on the hunt in strong numbers across Australia again today. The Ray White Group, which accounted for 30 per cent of all auction stock this week, today recorded its best week ever by way of registered and active bidders across the country. The group’s data recorded six … Read more
A local buyer has secured a coveted piece of Black Rock’s Golden Triangle precinct, buying a five-bedroom house at a rapid-fire virtual auction for $2.76 million – $360,000 more than the top end of the asking price range. Two persistent bidders battled it out for the house at 12 Glenmore Crescent, … Read more