- Residential Growth Zone
- Substantial Land Holding
- Develop or Invest
Description
Gorman Commercial is pleased to offer this prominent development site located within a Residential Growth Zone. The highly favourable zoning covers only 1% of Boroondara and provides for higher density housing.
To be offered with vacant possession, the property comprises an existing residential building of four 2 bedroom apartments.
*Substantial land holding of 858 sqm approx.
*Huge 21 metre frontage to Riversdale Road
*Redevelop or refurbish
Located near the corner of Riversdale and Glenferrie Roads, the property is ideally positioned on the top of Glenferrie Hill with great access to city via tram and CityLink. The area boasts numerous parks along the Yarra River, fantastic shopping strips as well as nationally recognised schools and universities.