Stonebridge Property Group have been appointed as the sole exclusive agents for the transaction of a significant landholding within the Boronia Activity Centre located at 65 Boronia Road, Boronia.
The elevated land parcel sits overlooking the leafy suburb neighboured by the junction of Boronia Road and Floriston Road.
The site carries key development indicators including Commercial 1 Zoning, a 2,023sqm* parcel of land and 40 metre* prime exposure to Boronia Road. Given these attributes, there are many end-product development outcomes for the site which include commercial, residential, hotel, medical or mixed specialty uses (STCA).
Further to the site’s flexibility, it’s central position to Boronia’s retail precinct further supports the property’s development potential. Boronia Mall (50m*) housing Coles, Liquorland, Kmart and Australia Post, Woolworths (350m*) and Dan Murphy’s (500m*) provides major national brands at the doorstep of the property. Bolstering the site is also the direct access link to the Melbourne CBD via both the Boronia Train Station (350m*) and Monash Freeway (10-minute drive*).
According to Stonebridge Property Group, Manager, Max Warren, “The City of Knox is one of the fastest growing municipalities in Victoria. Boronia has been rejuvenated with infrastructure improvements which has resulted in an influx of activity to the local precinct. We foresee this activity continuing supporting the need for future development to supply the growing demand in Boronia.”
Director of Stonebridge Property Group, Chao Zhang, commented “Strategic Activity Centre sites in Boronia which have sold recently, have all had strong buyer demand. Buyers identify the continued gentrification of Boronia and thus prepared to secure these strategic land rich sites.”
The landholding is for sale via Public Onsite Auction on Thursday 8th July 2021 at 12:30pm (AEST).