325 Ascot Vale Road , Moonee Ponds

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Central Moonee Ponds Development Site With Substantial Permit

Gross Waddell ICR is excited to offer this rare Moonee Ponds development opportunity consisting of an extraordinary permit for a premium eight (8) level development. Situated in a booming inner-city suburb of Moonee Ponds, this rare development opportunity is surrounded by a wide array of premium retail and lifestyle amenity.

• Approved permit for a premium eight (8) level residential development in highly sought after area

• Perfectly situated Moonee Ponds supersite consisting of 1,140 sqm* of land

• Permit for a world-class ‘Serviced Apartment’ project consisting of 98 apartments

• World class consultant team including the highly regarded ‘Rothelowman Architects’

• Favourable Activity Centre Zone 1 (ACZ1), providing flexibility to convert the permit to residential apartments or build-to-rent (STCA)

• Blue-chip location metres to Moonee Ponds Junction and neighbouring the bustling Puckle Street and Mt Alexander Road retail and restaurant hubs

• Surrounded by world-class developments including Penny Lane, Mason Square and Moonee Valley Park

• Within close proximity to a number of public transport options trams on the doorstep and moments to Moonee Ponds train station

• Located in one of Melbourne’s most thriving inner city residential locations with a median house price of $1,650,000 (source REIV)

The property is to be sold via Expressions of Interest closing at 3:00 pm on Thursday the 6th of June 2024. For further information or to organise an inspection, please contact Gross Waddell ICR directly.


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Level 1, 30 Collins Street
Melbourne VIC 3000