Telstra Corporation Limited, along with Transaction Advisor Charter Keck Cramer, have appointed rapidly growing agency Stonebridge Property Group to sell a development site in the Box Hill Activity Centre.
The site, located at 30 Cambridge Street, Box Hill has a total landholding of 902sqm* of prime Commercial 1 Zone land.
The property benefits from a large 40m* frontage to Cambridge Street, and immediate access to all the amenity of the Box Hill Activity Centre, including Box Hill Train Station, Box Hill Central Shopping Centre (200m*), as well as Carrington Road, Station Street and Main Street retail strips all a short walk.
The site is suitable for residential, commercial or hotel development, and comes with the flexibility of a June 2022 settlement date.
Agents Julian White and Chao Zhang have been appointed to transact the asset.
The Box Hill Activity Centre has continued to established itself as the most successful suburban development precinct in Melbourne.
“Many of Melbourne’s most well-known suburban projects are in Box Hill, including Golden Age’s Sky One, the Deague Family’s Whitehorse Towers, Longriver’s East Central and Hexa Group’s Panorama. This site represents an opportunity to join these developers in the precinct, at a time that is witnessing a big rebound in the residential market.” said Mr Zhang.
30 Cambridge Street, Box Hill is for sale via Expressions of Interest closing Thursday 30th September 2021 at 2pm (AEST).
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