Added 4 days ago
96-98 Morang Road,
Hawthorn, VIC 3122
Development Sites & Land • Offices • Shops & Retail
Added 4 days ago
Price information
Sale - Expression of Interest closing Thu 5 Sep
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Detailed listing
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Gross Waddell ICR - Commercial
Level 1, 30 Collins StreetMELBOURNE, VIC 3000
96-98 Morang Road
Hawthorn, VIC 3122
Detailed listing
Map of 96-98 Morang Road
Train stations within 5 km of 96-98 Morang Road, Hawthorn, VIC 3122 Distance Hawthorn Station 490 m Heyington Station 941 m Glenferrie Station 1.3 km Burnley Station 1.4 km Kooyong Station 1.7 km POWERED BY HERE ©Tram stops within 5 km of 96-98 Morang Road, Hawthorn, VIC 3122 Distance 29-Power St/Riversdale Rd (Hawthorn) 247 m 28-Wattle Rd/Power St (Hawthorn) 276 m 30-Through St/Riversdale Rd (Hawthorn) 506 m 26-Hawthorn Railway Station/Burwood Rd (Hawthorn) 541 m 27-Burwood Rd/Power St (Hawthorn) 543 m POWERED BY HERE ©Bus stops within 5 km of 96-98 Morang Road, Hawthorn, VIC 3122 Distance Elgin Pl/Power St (Hawthorn) 633 m Grace Park/Power St (Hawthorn) 827 m Grange RdBruce St 1.6 km Harts PdeAuburn Rd 1.8 km Balmerino Ave/Bruce St (Toorak) 1.8 km POWERED BY HERE ©
POWERED BY HERE ©
PRIME RIVER FRONTED DEVELOPMENT SITE IN EXCLUSIVE LOCATION
- Unrivalled development opportunity
- Direct river and park access
- Holding income via 3 tenants
Gross Waddell ICR is delighted to present for sale 96-98 Morang Road, Hawthorn, an exceptional development opportunity located on the banks of the Yarra River. This exclusive location offers the embodiment of luxury living for any future residential development (STCA).
• Exclusive river front development opportunity located in one of Melbourne’s most luxurious inner-city suburbs
• Substantial corner landholding of 1,195 sqm* with dual access from both Morang Road and Glan Avon Road
• Favourably zoned General Residential Zone (GRZ3), providing inherent development potential post lease expiration (STCA)
• Short-term holding income with leases in place to 3 tenants
• Conceptual plans for 7 oversized apartments (STCA) ideally suited for astute owner occupiers or downsizers
• Proximity to world class developments achieving sales rates up to and in excess of $25,000 per sqm
• Nestled within one of Melbourne’s most prestigious suburbs with a burgeoning median house price of $2,800,000 (source REIV)
• Ideal connectivity with tram stops merely 125 m* from your door step and Hawthorn train station only 500 m*
• Surrounded by a plethora of Melbourne’s elite private schools including Melbourne Girls College, Scotch College and St Kevins College
• Within immediate proximity to thriving retail precincts including Burwood Road (550 m*), Glenferrie Road (1.1 km*), Bridge Road (1.25 km*) and Church Street (2.25 km*)
The property is for sale via an Expression of Interest campaign closing at 3:00 pm on Thursday the 5th of September 2024. For further information or to discuss this development opportunity further, please contact the team at Gross Waddell ICR directly.
*approx.
• Exclusive river front development opportunity located in one of Melbourne’s most luxurious inner-city suburbs
• Substantial corner landholding of 1,195 sqm* with dual access from both Morang Road and Glan Avon Road
• Favourably zoned General Residential Zone (GRZ3), providing inherent development potential post lease expiration (STCA)
• Short-term holding income with leases in place to 3 tenants
• Conceptual plans for 7 oversized apartments (STCA) ideally suited for astute owner occupiers or downsizers
• Proximity to world class developments achieving sales rates up to and in excess of $25,000 per sqm
• Nestled within one of Melbourne’s most prestigious suburbs with a burgeoning median house price of $2,800,000 (source REIV)
• Ideal connectivity with tram stops merely 125 m* from your door step and Hawthorn train station only 500 m*
• Surrounded by a plethora of Melbourne’s elite private schools including Melbourne Girls College, Scotch College and St Kevins College
• Within immediate proximity to thriving retail precincts including Burwood Road (550 m*), Glenferrie Road (1.1 km*), Bridge Road (1.25 km*) and Church Street (2.25 km*)
The property is for sale via an Expression of Interest campaign closing at 3:00 pm on Thursday the 5th of September 2024. For further information or to discuss this development opportunity further, please contact the team at Gross Waddell ICR directly.
*approx.
Property ID: 504655132Last Updated: 8 Aug 2024
Gross Waddell ICR - CommercialLevel 1, 30 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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