Issue 39 | The Property Development Review

THE PROPERTY DEVELOPMENT REVIEW

8 26-30 Flinders Street, Melbourne, VIC

5 51a Anderson Road, Mortdale, NSW

The iconic Hotel Lindrum. A highly esteemed Melbourne CBD freehold set upon a triple-fronted East End landholding that provides access to the best of Melbourne’s hospitality, entertainment, and transport offerings. This piece of history was sold with an approved planning permit for a 30-level mixed-use development, allowing for exceptional development flexibility. We couldn’t list this property without mentioning the protected corridor view over the Yarra River, Royal Botanical Gardens and Port Phillip Bay. 9 1631-1637 Malvern Road, Glen Iris, VIC

Located in one of Victoria’s fastest-growing corridors. Kaduna Business Park is seconds from the Cardinia Road Princes Freeway (M1) diamond interchange, connecting the potential development to Melbourne’s CBD, Dandenong’s industrial precinct and a rapidly growing residential catchment. The developer of this site was able to capitalise on significant government infrastructure investment on the adjacent M1 Freeway, Warrigal Road and Cardinia Road – allowing for an increased customer base in an area that’s population is tipped to double by 2034. 6 Kaduna Business Park, 295 Cardinia Rd, Officer Sth, VIC

This permit-approved Glen Iris site is one to behold. Elevated land profile with panoramic views of Melbourne’s CBD. Flexible zoning with a four-level height allowance. Not to mention a 2,400 sqm landholding, paired with a 53m frontage on Malvern Road, this development site places itself as one of the best opportunities we have seen in one of Melbourne’s most prestigious suburbs. 10 49 Jean Street, Cheltenham, VIC

Located in one of Victoria’s fastest-growing corridors. Kaduna Business Park is seconds from the Cardinia Road Princes Freeway (M1) diamond interchange, connecting the potential development to Melbourne’s CBD, Dandenong’s industrial precinct and a rapidly growing residential catchment. The developer of this site was able to capitalise on significant government infrastructure investment on the adjacent M1 Freeway, Warrigal Road and Cardinia Road – allowing for an increased customer base in an area

that’s population is tipped to double by 2034. 7 713 Warton Road, Piara Waters, WA

Positioned to perfection on the doorstep of the Southland retail and rail precinct, this unique development opportunity takes unrivalled convenience to the next level. Designed for low-maintenance living and entertaining on the beach side of the highway, footsteps from Southland Shopping Centre and Railway Station. The lucky developer of this property can leverage easy access to sand belt championship golf courses, the wide-open greenery of Sir William Fry Reserve, Port Phillip Bay’s finest swimming beaches, leading schools, crowd-pleasing cafes and a short drive to the city centre.

This incredible 10.2-hectare zoned urban residential development is one of a kind. This site is unique it is complemented by heavy investment and development in the surrounding area including Piara Waters Secondary School plus extensive amenities and local infrastructure. Yielding 170 to 200+ lots, this development site allows for the unmatched potential to make an impact in one of Western Australia’s up-and-coming suburbs.

February / March 2023 – 13

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