IRREPLACEABLE SUPER SITE WITH PLANNING APPROVAL FOR 7 LEVEL MIXED USE DEVELOPMENT
Vinci Carbone and Gorman Commercial are excited to present this exceptional development opportunity located at 203-211 Keilor Road, Essendon for sale. This impressive triple fronted Commercial 1 zoned property spans a generous 5,316 sqm* in a highly sought-after location surrounded by major retail occupiers.
Positioned on a prominent corner with three street frontages on Keilor Road, Cooper Street and Roberts Street, this property offers enormous attributes with an exposure that cannot be beaten.
This property comes with an existing Planning Permit for a seven-level mixed-use development with 121 apartments and commercial spaces - a dream project for developers.
Key Highlights:
Unparalleled Exposure: Commanding triple-fronted landholding of 5,316 sqm* on 4 Titles with a combined frontage of over 215 metres, ensuring maximum visibility and accessibility.
Planning Permit: Approved permit with plans for a seven-level mixed-use building comprising 121 apartments and commercial space with two basement car parking levels.
Ultimate Flexibility: Offered with vacant possession, providing the ultimate flexibility to develop, repurpose or occupy the site for retail, medical or mixed-use ventures (STCA).
Substantial Improvements: Existing improvements of 3,186 sqm* present a rare opportunity for refurbishment or re-purposing.
Favourable Zoning: Strategically positioned within the Commercial 1 zone, allowing for a wide range of commercial and business uses.
Popular Location: Situated within the ‘Keilor Road Major Activity Centre’, a bustling commercial strip with Woolworths, Chemist Warehouse, Australia Post and Commonwealth Bank all within walking distance and accessible via the No. 59 tram.
For Sale by Expressions of Interest closing Wednesday 13 November at 4pm.
*approx.