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7-11 Sheppard Street Moorabbin, VIC 3189

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7-11 Sheppard Street,
Moorabbin, VIC 3189

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$3,600,000

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Map of 7-11 Sheppard Street

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1,808sqm Parkside Site with a View to the Future

ON-SITE INSPECTIONS AS ADVERTISED OR BY APPOINTMENT UPON REQUEST.
Look to the park, take a view to the future, take a major role in the transformation of the Linton St Park precinct. Stretched out beyond an approx 46.63m streetfrontage with an equivalent boundary to the soon-to-be-rejuvenated parklands, this approx 1808sqm property represents an unparalleled Kingston development opportunity with potential to capitalise on park views, multiple street frontages and a sun-catching north-westerly aspect.

Almost exactly equidistant to the Moorabbin retail and rail hub and the Holmesglen Institute educational precinct, this significant site is offered with concept plans for 34 units, multiple options for apartment and townhouse development…even scope for child-care, aged housing or other innovative uses (subject to Council Approval).

Currently configured as student housing with 28 rooms (most with private bathrooms), generous on-site parking and established perimeter gardens, the property has recorded returns of up to $250Kpa and remains in strong rental demand. Look to the land, take a view on the most profitable options, see the future of parkside living in this significant parcel of land.

Property ID: 502115938Last Updated: 24 Oct 2016

04033254...
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7-11 Sheppard Street
Moorabbin, VIC 3189
Buxton - Hampton East
918 Nepean Highway
HAMPTON EAST, VIC 3188

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