188 Elder Street, Greensborough, Vic 3088

A true, once in a lifetime opportunity is here with the landmark sale of properties 188, 190-192 and 194 Elder Street Greensborough, offered for the first and likely only time in unison together. Combining to deliver an overall allotment of just over 3,300m2 (approx.), this offering will appeal to the astute and savvy purchaser who understands the commercial value and rarity of such a unique offering. 

Rarely will you see such a property with a multitude of potential purposes or options – with both commercial and residential development scope of possibility, subject to planning and council approval; development discussions have included but not been limited to childcare centers, aged care facilities as well as larger scale residential development. 

Positioned in the heart of Greensborough at the top of Elder Street and with easy site access, the subject site benefits from all the local amenities, with local transport, shopping and lifestyle features all very close by – set only to increase the appeal and likely value over time.

Subject Sites:
188 Elder Street – Vacant land, 825m2. Frontage 18.1, depth 45.9 approx.
190-192 Elder Street – House, 1773m2. Frontage 38.7, depth 46.7 approx. Currently leased at $2,151 per calendar month. 
194 Elder Street – House, 773m2. Frontage 16.4, depth 47.1 approx. Currently leased at $2,210 per calendar month. 
All sites are GRZ2, Development Plan Overlay Schedule 1, Vegetation Overlay Schedule 5.

For further discussions, detail, and to review any concept plans/initial drawings, please contact Ben Flannagan on 0403591678.