701 - 707 Whitehorse Road, Mont Albert, VIC 3127

Development/Land

Sold

  • Property ID: 441682
  • Land Area: 1406m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 09/08/2024 N/A 1406m2 Contact Agent
Rare Mixed-Use Zone Development Opportunity

Stonebridge Property Group is pleased to present for sale 701-707 Whitehorse Road, Mont Albert.

701-707 Whitehorse Road, Mont Albert is a 1,406 sqm* collection of fully leased shops with a rare Mixed-Use Zone that allows for a retail, residential, commercial (etc) development outcome (STPA).

The property resides in Mont Albert, an affluent eastern suburb neighbourhood, and along the major arterial, Whitehorse Road. Major amenity including Box Hill Central (1.4 km*) and Union Train Station (900m) as well as multiple affluent schools, Mont Albert Primary School (325 m*) and Box Hill Senior Secondary College (775 m*), are moments from the Property.

Key highlights of the opportunity include:

- 1,406 sqm* landholding with significant 68 m* total street/laneway frontage, including 34 m* to the major arterial, Whitehorse Road

- Rare Mixed-Use Zone landholding and rear laneway access provides significant development potential

- Union Train Station (900 m*), Box Hill Train Station (1.4 km*) as well as tram & bus stops along Whitehorse Road provide direct CBD and Greater Melbourne access

- Box Hill Central (1.4 km*), Westfield Doncaster (3.50 km*) and retail strips along Whitehorse Road (500 m*) and Union Road (1 km*) provide excellent retail amenity

- Strong employment opportunities in the neighbouring Box Hill commercial precinct including the extensive medical industry, Australian Taxation head office and Box Hill Institute

- Close proximity to Mont Albert Primary School (325 m*), Koonung Secondary College (1.5 km*) and elite sporting school, Box Hill Senior Secondary College (775 m*)

- Mont Albert’s median house price is $2,930,000, which has grown at a significant 12.9% p.a. over the past 5 years^

To obtain further information, or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Chao Zhang ??
0411 625 068

Julian White
0422 764 137

Andrew Milligan
0421 559 992

^ REIV
* Approximately

Property Code: 886

Mont Albert Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $10325 --- ---
Industrial --- $165 ---
Offices $10325 --- ---
This is the average advertised price, rent and yield for Mont Albert, VIC 3127*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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