34-36 Tennyson Street, Highett, Vic 3190
Sold: $1,292,500 (08-19-2017)- hotel 3
- hot_tub 2
- directions_car 1
Take your Southland-precinct development to new heights with the power of TWO. Offered for joint sale, these two separately-titled properties come together to provide one of the precincts' most significant development opportunities with a combined total of approx 1394sqm beyond a vast 30m joint-frontage.
GRZ2-positioned and sized easily into the over-1000sqm category favoured by Kingston City Council guidelines, this expansive site offers landmark potential for multi-dwelling townhouse or apartment development (subject to Council Approval). There may even be potential to rise high enough to capture Dandenongs and city views.
Just 250m to Southland, a similar distance to Highett Reserve and Waves Recreation Centre and a walk to Cheltenham Secondary College, this exceptional site is set to reach new heights as demand for this retail and transport precinct continues to soar with the opening of the new Southland rail station.
There's even twice the potential short-term return with two well-presented family homes with garages to rent during the planning process or to be made available for sale by separate negotiation if the combined site doesn't meet expectations at auction. For more information about this substantial parcel of land contact Wesley Belt at Buxton Mentone on 0418 310 753