Stonebridge Property Group is pleased to present for sale 69 Carrington Road, Box Hill.
The significant 1,119 sqm* landholding, with a flexible Commercial 1 Zone, supports a broad range of development outcomes (STPA).
Located in the Box Hill Activity Centre, with dual frontages to Carrington Road and Cambridge Street, the landholding has excellent amenity at its doorstep. The forthcoming Vicinity Centre’s Box Hill Central $700 million redevelopment and nearby Sky One and Sky Square projects further promote a world-class retail and commercial precinct.
The key highlights of the opportunity include:
- 1,119 sqm* landholding with ideal Commercial 1 Zone, allows for a flexible, high-density outcome (STPA)
- Located within the tightly held Carrington Road retail strip, a popular multicultural dining and entertainment precinct
- Current permit in place for a retail outcome, but with significantly greater development potential and flexibility of end use (STPA)
- Box Hill Train Station (200m*) provides immediate access to Metropolitan Melbourne and the forthcoming Suburban Rail Loop project will further enhance the station’s connectivity. The Whitehorse Road Tram is also 100m* from the Property
- The Box Hill Activity Centre is the dining, retail and entertainment amenity attraction of Melbourne’s Eastern suburbs
- Development projects in the precinct, including Sky Plaza, Sky Square and the revitalisation of Box Hill Central all underpin the continual evolution of the Box Hill Activity Centre and drive foot traffic and consumer demand for retail to the area
- Forthcoming investment in the area, including Sky Square, Wellington Health, the Suburban Rail Loop and Vicinity Centre’s Box Hill Central redevelopment are all poised to promote further growth
*Approximately
To obtain further information, or to arrange an inspection, please contact the exclusive selling agents.
Acting under instructions from Mortgagee in Possession, Payton Capital.
