702-706 Station Street,
Box Hill, VIC 3128

Development Sites & Land

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Sale - Expression of Interest

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Key property information

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Map of 702-706 Station Street

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Train stations within 5 km of 702-706 Station Street, Box Hill, VIC 3128 Distance
Box Hill Station 326 m
Laburnum Station 1.5 km
Mont Albert Station 1.7 km
Blackburn Station 2.3 km
Chatham Station 3.2 km
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Tram stops within 5 km of 702-706 Station Street, Box Hill, VIC 3128	Distance
58-Box Hill Central/Whitehorse Rd (Box Hill)	189 m
57-Nelson Rd/Whitehorse Rd (Box Hill)	405 m
56-Elgar Rd/Whitehorse Rd (Box Hill)	780 m
55-Hood St/Whitehorse Rd (Mont Albert)	1.3 km
54-Inglisby Rd/Whitehorse Rd (Mont Albert)	1.9 km

Bus stops within 5 km of 702-706 Station Street, Box Hill, VIC 3128	Distance
Whitehorse RdStation St	41 m
Watts St/Whitehorse Rd (Box Hill)	132 m
Box Hill Central/Maroondah Hwy (Box Hill)	194 m
Box Hill Gardens/Station St (Box Hill)	257 m
Station St/Rutland Rd (Box Hill)	285 m

Permitted Box Hill Development Opportunity

Total Site Area of 1,360sqm*
Existing Hotel Permit Over 15-levels
Fastest Growing Precinct in Melbourne

Under Instructions from Matthew Hutton and Matthew Caddy of McGrathNicol as Agents for the Mortgagee in Possession, Cushman & Wakefield Development Sites is pleased to present 702-706 Station Street, Box Hill for sale.

Fronting Station Street with unique laneway access, this vacant block of land offers a shovel ready development site, leveraging its current permit and offering potential for additional value add and/or alternate use development options (STPA).

Key details of the development site include:

• 1,360sqm* vacant development opportunity with unique laneway access.
• Zoned Commercial 1 (C1Z) within Box Hill Metropolitan Activity Centre.
• Permit approval for a prominent building, incorporating 162 hotel rooms plus facilities.
• Total above ground GFA of 11,187sqm* and NSA of 7,879sqm*.
• Box Hill offers a prime opportunity for hotel/short-stay development, driven by a significant shortage of accommodation options.
• This property presents a genuine value-add opportunity, aligned with the SRL East Precinct planning report which provides opportunity for a building height of up to 20-levels, exceeding the existing permit set at 15-levels (STPA).
• Fantastic location within Melbourne’s second CBD, walking distance to Box Hill Train Station, Vicinity Shopping Centre as well as all the hospitality venues along Whitehorse Road and Station Street.

*Approx.
STPA: subject to planning approval

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

Joe Kairouz +61 421 430 6...
Hamish Burgess +61 421 641 4...
Leon Ma 马海翔 +61 417 070 7...
Oliver Hay +61 419 528 5...