Box Hill Site For Sale

Market Insights
9 years ago
1 minutes

One of Melbourne's largest development ready sites has been listed for sale in Box Hill.

Listed by CBRE, the Box Hill site is set for approval for a 39 unit and retail development, offering residential and commercial prosperity in an area where the State Government has invested over $700m.

The mega site, sized at 1386sqm and located at 757 Station St, offers potential for a development to house owner-occupiers as well as investors, with Box Hill's proximity to the CBD, in an ever-expanding state, is becoming more and more appealing each financial year.

“This boutique project opportunity is in a proven apartment market, underpinned by significant retail and public transport amenities and major employment and visitor draw cards including Box Hill Hospital and Box Hill Tafe” Mr Orchard said.

The Victorian Government has designated Box Hill as a place of State Strategic Significance for delivering jobs, investment and productivity, both as a Metropolitan Activity Centre and a Health/Education precinct.

Substantial further growth is planned for Box Hill with the government recently investing over $740 million in the area with the delivery of the new Tax Office development.