CBRE Melbourne Metropolitan Sales is pleased to present for your consideration a prominent elevated landholding located within Greensborough’s thriving activity centre precinct.

Known as 273-275 Para Road, this outstanding opportunity is being offered with a high-quality planning permit earmarking the site for a major mixed-use project.

This prominent opportunity can be summarised by the following key attributes:

+ Commanding 1,618sqm* elevated landholding with multiple street frontages providing a combined frontage of 40m* to Para Road and rear vehicle laneway

+ Permit approved for ninety-two (92) apartments across 6,683sqm* of Net Saleable Area (NSA)

+ Highly favourable & flexible Activity Centre Zone as part of a Major Activity Centre enabling a variety of development options such as office, hotel, retail & residential uses (STCA)

+ Elevated land profile with picturesque panoramic views

+ Located within Melbourne’s northeast within the suburb of Greensborough, a suburb which displayed steady growth in median house prices at over $990,000*, representing a substantial 20%* increase over the past 5 years

+ Surrounded by an abundance of retail, food, lifestyle & public transport including the picturesque Greensborough Plaza providing key retailers such as Coles, Woolworths & Big W to name a few

+ Greensborough Train Station is located directly adjacent providing direct access to Melbourne’s CBD

+ Outstanding & breathtaking view aspects from upper levels

273-275 Para Road, Greensborough is For Sale Via Mortgagee in Possession by way of a Public Expressions Interest Campaign Closing Thursday 23rd May at 2:00pm (AEST).

For further information please contact the exclusive sales and marketing agents at CBRE:

David Minty
+61 422 564 1...
david.minty@cbre.com.au

Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au

CBRE Asian Services Desk:
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 1... (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)

*Denotes Approx.