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977-987 Burwood Highway Ferntree Gully, VIC 3156

Sold for $6,400,000 on 24 Oct 2019
  • Land: 16,900m² (4.17 acres)
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977-987 Burwood Highway, Ferntree Gully, VIC 3156

Land in Ferntree Gully

SOLD PRIOR TO AUCTION - SIGNIFICANT MIXED USE OPPORTUNITY ON 16,870m² IN A PRIME LOCATION!

  • Land: 16,900m² (4.17 acres)

SOLD PRIOR TO AUCTION

In what could only be described as the largest development site offered in the area in a number of years, this parcel of land spread over 3 titles with 2 street frontages offers a landmark opportunity that cannot be overstated. Currently operating as the Knoxbrooke Community Centre, the former school site is zoned Neighourhood Residential Zone - Schedule 1 (NRZ1) and offers many options for its new owner including large scale residential subdivision or townhouse development, health/aged care or retirement living and more that are all subject to council approval. As it stands, the property features educational and administration buildings, off street parking and lovely landscaped gardens including a generous grassed area at the rear of the block fronting Winwood Drive. And it benefits from a brilliant position within walking distance of local shops and buses while St Josephs College, Ferntree Gully Village and Mountain Gate Shopping Centre are all in close proximity.

To view the Statement of Information please use the below link:
https://drive.google.com/drive/folders/1KbSCFI2rnJ6SDdDSUoWdhmFeWySL3yWd?usp=sharing

Land:

16,900m² / 4.17 acres