RECEIVERS SALE – KordaMentha has appointed Stonebridge Property Group to sell a well advanced 10-unit townhouse development in Doncaster.
Townhouse developers and builders are expected to show interest in the site located at 8-10 Toni Street, Doncaster, which is only 350 m to Westfield Doncaster and 1 km to Doncaster Secondary School.
The property comprises a 1,347 sqm corner landholding and is improved with 10 well advanced townhouses, which are individually titled and at lock up stage. The opportunity offers developers and builders the chance to complete the build and then sell the townhouses or retain as an investment.
Stonebridge Property Group’s Julian White, Chao Zhang and Dylan Kilner have been appointed to manage the sale.
Mr White said strong interest is expected given the current strength of the residential market.
“Doncaster has seen its median house price increase by 18.2%* in the last 12 months highlighting the strong demand to live in the area.” – Julian White, Stonebridge Partner.
Expressions of interest closes 2nd December 2021.
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