Issue 51 | The Property Development Review

Property Listings – VIC

CAR WASH

Landmark Corner Metro Melbourne Development Opportunity Dual Major Frontage with 70,000+* Vehicles Passing Daily

Bayswater North (Melbourne) VIC 340-344 Bayswater Road & 303 Canterbury Road

+ Expansive 4,804sqm* corner landholding with over 140m* of dual frontage to Bayswater & Canterbury Rds, two major arterials roads servicing 70,000+ vehicles passing daily* + Rare, combined 4 title super lot suitable for an abundance of uses inc. convenience retail, fast food, medical, childcare, aged care living and service station uses (STCA). + Significant planning work undertaken by existing owners inclusive of planning and management plans. + High-profile position, with Bunnings, McDonald’s, Officeworks, Sydney Tools, Spotlight, Anaconda and Repco all within 850m*. + Well-serviced location with Bayswater Train Station (900m*) and EastLink (4.5km*) in close proximity and both offering access to the Melbourne CBD & neighbouring suburbs.

+ Surrounded by important social infrastructure, including 20 schools within 3km* servicing over 10,100 full time students. + Bayswater is a booming Metro Melbourne growth suburb (27km* from Melbourne’s CBD), that has a strong local catchment with 27% of households represented in the highest quartile for household income. + By 2041, the City of Maroondah’s population is forecast to grow 17% to over 140,000 people. + The City of Maroondah generates $6.69 billion in Gross Regional Product (GRP) with an estimated 51,261 jobs in the area

For Sale by Expressions of Interest

Matthew Wright 0458 290 588 Jarrod Herscu 0418 155 062

Zomart He 何梓轩 0488 220 830

Rick Jacobson 0413 830 083 MingXuan Li 0498 688 998

Mark Stafford 0404 401 053

*Approx

58 – April / May 2024

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