1,485sqm development site across two freehold titles comprising two residential homes within a short walk of Meltham Train Station.
Multiple development options include but not limited to child care, office, medical consulting, church and a residential apartment project.
4 storey height limit with potential for a bonus 5th storey.
Architect yield analysis report shows a development potential of up to 35 residences, assuming a bonus 5th storey.
Development sites in close proximity to high speed rail are rare. Even rarer when situated high with elevated views to the CBD and surrounds.
Offered with vacant possession.
For Sale by Expressions of Interest closing 4.00pm Monday 9 December 2024.
Call or e-mail Paul now to register your details for a copy of the Information Memorandum for more details.
This commercial property at 1/and 1A Hotham Street, Bayswater is listed for sale by Paul J Collins at Lloyd Collins Property Consultants.
It has been described by the agent as ‘STATION PRECINCT DEVELOPMENT SITE’.
If you would like to get in touch with Paul J Collins regarding 1/and 1A Hotham Street, Bayswater, please call 0418 958 173 or contact the agent via email.