Rare Development Opportunity in Doncaster East

2,039 sqm* Site

Ray White Box Hill is delighted to present for sale 862-866 Doncaster Road Doncaster East.

862-866 Doncaster Road Doncaster East, comprises a 2,039 sqm* of fully leased restaurant within a rare development Zone, allowing for potential retail, residential, commercial (etc) development outcomes (STPA).

Situated in Doncaster East, an affluent eastern suburb of Victoria, this property enjoys a prime position along the major arterial, Doncaster Road. Key amenities such as Westfield Doncaster and Jackson Court shopping centre are within close proximity, along with several prestigious schools including Doncaster Garden Primary School and Doncaster Secondary College.

Key highlights of this opportunity include:

2,039 sqm* of land on Doncaster Road and corner to Middleborough road, close proximity to M3 eastern freeway.

Rare development Zone landholding, offering substantial development potential

Existing restaurant generating $180,000* (inc GST) Net Rental Income

Excellent transportation links including bus stops along Doncaster Road, providing direct access to the CBD and Greater Melbourne

Proximity to retail amenities such as Westfield Doncaster, Jackson Court Shopping Centre and Box Hill Central.

Close access to educational facilities including Doncaster Garden Primary School, Doncaster Secondary College.

Doncaster East's median house price is $1,620,000, with growth of 6.9 % p.a. over the past 12months ^

To obtain further information, or to arrange an inspection, please contact the exclusive selling agents, Ray White Box Hill.

Amanda Wei
04185 041...

Dennis Shi
0498 229 888

William Shen
0433 260 877

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* Approximately