A substantial 5-level permit approved residential development site at 426-430 Canterbury Road, Surrey Hills has hit the market. The 1,139 sqm corner landholding, with a Commercial 1 zone, has a recently issued permit approval for a five-level project, currently designed for 72 serviced apartments, plus associated retail and conferencing areas, but with flexibility to accommodate several uses based on the zoning.
The property is an amalgamation of three titles and boasts combined frontage of 99 m* to Warrigal Road and Canterbury Road with the added advantage of a rear ROW providing exceptional exposure and design flexibility. The property is being marketing for sale by Stonebridge Property Groups Julian White, Chao Zhang and Max Warren.
“The property is presented to market for sale at a time when there have been limited blue chip opportunities. On the doorstep of a highly regarded Union Road shops and the Surrey Hill Train Station, the property has excellent amenity all in easy walking distance to complement the already outstanding fundamentals with Surrey Hills having a median house price of $2.1 million.”
The property is for sale via Expressions of Interest campaign closing Thursday 4th November 2021 at 2:00 pm.
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