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.
Located just 12 kilometers from Melbourne’s bustling CBD, Carnegie is a vibrant suburb offering a balanced lifestyle with its blend of urban convenience and suburban charm. Over the last 12 months, Carnegie has seen a median sale price of $1.7 million, with a 1.76% increase in median sale price. The … Read more
Nestled 13 kilometers southeast of Melbourne’s bustling CBD, Murrumbeena offers a tranquil escape from the urban hustle while maintaining convenient access to the city. Boasting a rich tapestry of amenities, educational institutions, and recreational spaces, Murrumbeena is a sought-after locale for families, professionals, and individuals alike. With its tree-lined streets, … Read more