5 Grange Road, Caulfield East, Vic 3145

On a magnificent 890sqm approx. in GRZ2 zone, this untouched blank canvass is the development site of the year (STCA).

A wonderful development opportunity suitable for a multitude of opportunities including townhouses, apartments, student accommodation or a single dwelling (all STCA). Or alternatively, make use of the existing planning permit for 20 one bedroom apartments and start your construction immediately.

Currently leased on a month-to-month tenancy, this superb location is so close to Monash University?s Caulfield campus, Caulfield station and Caulfield Plaza shopping, walk through the park to Caulfield Racecourse, or catch a bus to Chadstone Shopping Centre.

With the level crossing removal underway, capitalize on the future increase in value and being able to effortlessly stroll along the newly created open space to Koornang Road shopping precinct and Monash University.

With less traffic congestion and noise a certainty, this is a prime location for a landmark development (STCA).