A rare offering in central Croydon, this prime site measuring 1469sqm (approx.) is zoned GRZ2 with a DDO10 Overlay allowing for a potential high-rise residential development (subject to council approval). Investors and developers alike will be swayed by this fabulous opportunity, which is located off Mount Dandenong Road next to Swinburne University, easy walking distance from Croydon Station and Main Street. Surrounded by parkland, it is also within close proximity of Yarra Valley Grammar and Luther College.
Used for automotive repair and car detailing, the existing factories offer three spacious work areas, reception, a staff room/office, bathroom facilities and overhead storage. Currently tenanted returning an excellent $80,000 p.a (approx.) plus outgoings exclusive of GST, it will provide a substantial income stream while future plans are finalised.
Set on 80 lush acres (approx.), this substantial allotment comes with; Melba Highway frontage, Yarra Valley Water supply and landline phone connection, encompasses High Bow Hill (the highest point in the district), enjoys panoramic views, and offers a variety of uses including hobby farm, vineyard, new homestead site plus further commercial applications (subject to council approval). Neighbouring some of the Yarra Valley’s iconic attractions including De Bortoli Wines, Yarra Valley Chocolaterie and Balgownie Estate, and only moments from the township of Yarra Glen, this opportunity is one you’ll find hard to resist.
This is an alluring opportunity to purchase just over an acre (4414sqm approx.) of prime land set amongst the rolling green pastures of Wonga Park. Take full advantage of the area’s peace and quiet, and build your dream family home with potential to add luxuries including a pool and/or tennis court (all subject to council approval). This premier allotment is situated within walking distance of Wonga Park Primary School, and in close proximity of bus services, parks, sports clubs and local shops.