265-269 BURKE ROAD, GLEN IRIS

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Savills is delighted to offer for sale this super high profile, two level retail freehold located at 265-269 Burke Road, Glen Iris. This property has enormous potential, with a large land content, favourable zoning and a prominent position in this up and coming and high growth retail pocket.  Key attributes of this fantastic opportunity are:

  • High profile, two level retail freehold of 428sq m* with endless potential

  • Large landholding of 581sq m* with valuable rear access

  • High exposure frontage of 14.5m* to Burke Road with three adjoining ground level retail shops

  • Commercial 1 Zone with DDO prescribing development potential of at least 7 levels (STCA)

  • Vacant Possession

  • Situated just 50m* from the forthcoming $100m ‘Glenarm Square’ lifestyle/retail/culinary precinct, which will transform this retail strip and add a further 112 new apartments to the area

  • Glen Iris has a strong median house price of $1,820,000^ and is home to many elite schools

  • A very well serviced location just metres from the modern Gardiner Train Station, plus easy Monash Freeway access

The opportunity to secure a flexible, high profile retail freehold in this prime suburban location is sure to be highly sought after, especially when you consider its large landholding and direct proximity to a redefining forthcoming development.

265-269 Burke Road, Glen is For Immediate Private Sale.

*Approx.

^Source: realestate.com.au

 

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