68 Union Street , Brighton East

5751.00m2
Land/Development
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Expansive and Luxurious Bayside Development Site With Dual Permits

****** Offers Under Review ******

Colliers and Gross Waddell ICR are pleased to present 68 Union Street, Brighton East for sale.

Perfectly positioned in a premium bayside locale, this opportunity provides for a remarkable development proposition given the expansive residential land holding and dual permits.

Key features are below:

• Expansive 5,751 sqm* landholding within a tightly held Brighton East precinct

• Extremely valuable dual permits for both a residential development comprising of townhouses and apartments or for a residential aged care facility

• Expansive 70m* frontage to Union Street with the hugely beneficial triple street frontages and access points at Union Street, Milliara Grove and Granter Street

• Favourably zoned for residential under the Bayside planning scheme, providing for a myriad of development options (STCA)

• High quality residential permit for a high-end development of 36 dwellings, comprising 22 townhouses and 14 apartments

• Existing permit for a 124 bed Residential Aged Care (RAC) facility over three levels

• Idyllic setting given the property offers immediate proximity to Hurlingham Park and is merely meters to the renowned Landcox Park

• Moments to the best retail destinations in Melbourne including Church Street, Bay Street, Martin Street and Glen Huntly Road retail precincts

• Ideal connectively with an array of public transport options moments away including trams along Hawthorn Road and both Sandringham and Frankston train lines

• Soaring median house price of $2,360,000 and nestled between the luxurious and high demand suburbs of Brighton, Elsternwick and McKinnon

For further information, please contact the selling agents at Colliers or Gross Waddell ICR.

*approx.

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Level 1, 30 Collins Street
Melbourne VIC 3000