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Cushman & Wakefield - Melbourne

702-706 Station Street Box Hill, VIC 3128

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702-706 Station Street,
Box Hill, VIC 3128

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Cushman & Wakefield - Melbourne
Oliver Hay
Leon Ma 马海翔
Hamish Burgess
Joe Kairouz

Cushman & Wakefield - Melbourne

Level 9, 385 Bourke Street
MELBOURNE, VIC 3000
Cushman & Wakefield - Melbourne
702-706 Station Street
Box Hill, VIC 3128

Detailed listing

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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...

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Property ID: 504642036Last Updated: 6 Jan 2025

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