325 Ascot Vale Road, Moonee Ponds, Vic 3039

Gross Waddell ICR is excited to offer this rare Moonee Ponds development opportunity consisting of an extraordinary permit for a premium eight (8) level development. Situated in a booming inner-city suburb of Moonee Ponds, this rare development opportunity is surrounded by a wide array of premium retail and lifestyle amenity.

•	Approved permit for a premium eight (8) level residential development in highly sought after area

•	Perfectly situated Moonee Ponds supersite consisting of 1,140 sqm* of land

•	Permit for a world-class ‘Serviced Apartment’ project consisting of 98 apartments 

•	World class consultant team including the highly regarded ‘Rothelowman Architects’ 

•	Favourable Activity Centre Zone 1 (ACZ1), providing flexibility to convert the permit to residential apartments or build-to-rent (STCA)

•	Blue-chip location metres to Moonee Ponds Junction and neighbouring the bustling Puckle Street and Mt Alexander Road retail and restaurant hubs

•	Surrounded by world-class developments including Penny Lane, Mason Square and Moonee Valley Park

•	Within close proximity to a number of public transport options trams on the doorstep and moments to Moonee Ponds train station 

•	Located in one of Melbourne’s most thriving inner city residential locations with a median house price of $1,650,000 (source REIV)

The property is to be sold via Expressions of Interest closing at 3:00 pm on Thursday the 6th of June 2024. For further information or to organise an inspection, please contact Gross Waddell ICR directly.

*Approx.