The sale of this significant property with plans and permit for a 32 apartment development represents one of the most exciting opportunities seen in the area. This development has been carefully considered at planning stage to maximize the Potential of the land while at the same time providing a smart, sophisticated and low cost build. The construction of a range of chic, modern apartments in such an ideal location heralds the emergence of a vibrant population sharing in the rich community fabric to be found in Ferntree Gully. The attraction to purchasers for these apartments will include magnificent views to the nearby hills, a range of schools, major shopping centers, Local restaurants and caf’s and public transport at the front door, Eastlink and the delights of the Dandenong Ranges all at their fingertips. This is your chance to secure your next investment and have a hand in enhancing the culture of the local area while realizing a significant return on your investment.
Further Architect Schemes available for 36 and 43 Apartments with additional level provided (STCA)
Land Size 2182m2 (Zone 1 Residential)
Please ask for forecasted sales and rental estimates
2 x 3 bedroom Apartments
25 x 2 bedroom Apartments
5 x 1 Bedroom Apartments