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Savills - Melbourne

430-434 Neerim Road Murrumbeena, VIC 3163

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430-434 Neerim Road,
Murrumbeena, VIC 3163

Development Sites & Land • Shops & Retail

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Savills - Melbourne
Julian Heatherich
Tanya Su

Savills - Melbourne

Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
Savills - Melbourne
430-434 Neerim Road
Murrumbeena, VIC 3163

Map of 430-434 Neerim Road

Directions
  • Train stations within 5 km of 430-434 Neerim Road, Murrumbeena, VIC 3163Distance
    Murrumbeena Station125 m
    Carnegie Station798 m
    Hughesdale Station951 m
    East Malvern Station1.4 km
    Glenhuntly Railway Station2.2 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 430-434 Neerim Road, Murrumbeena, VIC 3163Distance
    68-Carnegie/Truganini Rd (Carnegie)1.1 km
    66-Truganini Rd/Glenhuntly Rd (Carnegie)1.1 km
    67-Centre Rd/Truganini Rd (Carnegie)1.1 km
    66-Glenhuntly Rd/Truganini Rd (Carnegie)1.1 km
    65-Mimosa Rd/Glenhuntly Rd (Carnegie)1.3 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 430-434 Neerim Road, Murrumbeena, VIC 3163Distance
    Murrumbeena RdNeerim Rd109 m
    Murrumbeena Railway StationNeerim Rd117 m
    Emily St/Neerim Rd (Carnegie)168 m
    Murrumbeena Railway Station/Murrumbeena Rd (Murrumbeena)188 m
    12 Sydney St207 m
    POWERED BY HERE ©
POWERED BY HERE ©

Prominent 796 sqm* Landholding Permit Approved for Student Accommodation

  • Permit for 7 level mixed use project
  • Existing 1,094sqm* freehold
  • Situated adjacent Murrumbeena Station
EOI Closed - Offers Under Review

Savills and Stonebridge Property Group are pleased to present for sale 430-434 Neerim Road, Murrumbeena.

This 796 sqm* landholding boasts triple street frontage and a permit approval for a 7-storey building, comprising ground floor retail and 88-room student accommodation.

The Property is in a prime south east location, directly across the road to Murrumbeena Train Station, and positioned in a central location between Monash University Clayton and Caulfield campuses.

Murrumbeena is a high value residential market boasting a median house price of $1,650,000 (realestate.com.au 2024), providing a substantial opportunity for alternate development outcomes including apartment or childcare (STCA).

Key highlights include:
• Prominent 796 sqm* corner landholding with three street frontages totalling 89m* to Neerim Road, Murrumbeena Road & Melbourne Road
• Existing improvements comprise a dual storey flexible brick building previously occupied by Foodworks & IGA with a GFA of 1,094sqm*
• Permit approval for a 7-storey student accommodation building featuring 88 rooms, ground floor retail and communal facilities including rooftop kitchen & dining area, laundry & outdoor spaces
• Flexible Commercial 1 Zone suitable for residential, commercial or mix-use development outcomes (STCA)
• Immediate proximity to Murrumbeena Train Station and only 1.5km* from Chadstone Shopping Centre
• Outstanding retail amenity situated along the bustling Neerim Road retail strip, home to all essential and boutique retail and dining options
• Murrumbeena has a strong demand for housing in the suburb, underpinned by a median house price of $1,650,000^

*Approximate ^realestate.com.au

To obtain further information, or to arrange an inspection, please contact the exclusive selling agents.

Savills agents:
Tanya Su - 0430 302 9...
Julian Heatherich - 0412 995 6...
Beau Bakhtani - 0412 159 038

In Conjunction with Stonebridge Property Group:
Julian White - 0422 764 137
Andrew Milligan - 0421 559 9...
Chao Zhang - 0411 625 0...

Property ID: 504706520Last Updated: 14 Nov 2024

Savills - Melbourne
Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000

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