Stonebridge Property Group is pleased to present for sale, 1-9 Allen Street & 777-781 Warrigal Road, Oakleigh.
This 6,309 sqm* landholding is in a prime Oakleigh location, only 300 m* walk to Chadstone Shopping Centre. Adjoining Allen Street Playground and the Scotchmans Creek Trail providing great lifestyle amenity.
Connectivity is exceptional being 500 m* to the Monash Freeway and 1.2 km* to Oakleigh Train Station, providing immediate access to Melbourne’s CBD.
Situated at the corner of Warrigal Road with 210 m* street frontage, this flexible site comes permit approved for two developments. A retirement living apartment project comprising 84 apartments or an aged care facility with 136 beds and 8 medical suites.
Oakleigh is a high value residential market, providing a substantial opportunity for alternate development outcomes including townhouse or apartment (STCA).
The key highlights of the opportunity include:
- Prominent 6,309 sqm* corner development site
- 300 m* to Chadstone Shopping Centre
- Permit approved for both 84 retirement apartments or 136 bed aged care facility
- 210 m* frontage to Warrigal Road and Allen Street
- Exceptional connectivity being 500 m* to Monash Freeway, 1.2 km* to Oakleigh Train Station
- Adjoining Allen Street Playground and Scotchmans Creek Trail
- Oakleigh Median House Price: $1,110,000^
To obtain further information, or to arrange an inspection, please contact the exclusive selling agents.
* Approximately
^ Source: REIV 2023
