This exceptional development site is centrally located in Monbulk's main retail strip along Main Road. Situated directly opposite Monbulk Primary School / Monbulk Recreation Reserve and within walking distance to restaurants and retail establishments, this property offers a remarkable opportunity for your next development project, just 40km from Melbourne's CBD.Streamline your development process with the inclusion of plans and permits for a three-story structure. The property boasts two (2) retail shops facing Main Road, ensuring excellent visibility and exposure. Additionally, the upper-level features Five (5) 2-bedroom apartments, while at the rear, you'll find Seven (7) 3-bedroom residential townhouses with convenient ROW access to Moxhams Road. The strategic location within a serene and peaceful area guarantees a high demand for such a development.This property is attractively priced to sell and offers immense potential for developers, owner-occupiers, and investors alike. Don't let this fantastic opportunity slip away. Act quickly to secure this prime investment before it's too late.Property Features:• Total land area | 1324m2*• Existing building area | 260m2*• Proposed building area | 2,056m2*• Plans & permits for two (2) retail shop + five (5) apartments + seven (7) townhouses.• R.O.W access leading to Moxhams Road• Great exposure to busy Main Road.• Access to a variety of café/restaurants/retail/parks• Outstanding opportunity for Developers.• Commercial 1 Zone (C1Z)For further information, don't hesitate to get in touch with Claude Mery | 0422 455 848*All areas and figures are approximate only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information provided, but this does not constitute any representation by the Vendor or Agent.
