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Gorman Commercial and Stonebridge Property Group have the privilege to present a generational opportunity to secure a premium, permit-approved development site in the core of Camberwell Junction, one of Melbourne’s most tightly held and consistently high-performing mixed-use locations.
Substantially de-risked, the property is offered with planning approval for a landmark mixed-use development featuring a design-led scheme by acclaimed international architects Warren & Mahoney. The approved development delivers an efficient yield of 9,794 NSA/NLA, comprising a balanced mixed-use outcome.
Located just 50 metres from the Camberwell Junction retail and transport precinct, the property’s elevated position enjoys outstanding, never-to-be-built-out views toward the Melbourne CBD skyline and across to the Dandenong Ranges, a highly prized and increasingly scarce attribute within established inner-east locations.
Key highlights include:
- Permit approved for a landmark 14 level mixed-use development by acclaimed architects Warren & Mahoney
- Never to be repeated protected views to the Melbourne CBD and Dandenong Ranges
- Prime Camberwell core position, one of Melbourne’s most walkable lifestyle precincts, with a walk score of 94, highlighting the depth of amenity immediately accessible to future residents, workers and visitors
- Substantial development yield of 9,794 NSA/NLA with deeply considered design flexibility to optimise product mix, sizing and positioning (STCA)
- Rear access via Denmark Hill Road enabling activated Burke Road retail frontage
- Underpinned by significant existing office assets with strong existing holding income
- Camberwell consistently outperforms, with a median house price of $2,590,000
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