72 Service Apartment, 426-430 Canterbury Road, Surrey Hills, Vic 3127

A substantial permitted 5-Levels residential development site is located on a commanding corner position on one of the best corner allotments in Surrey Hills- Canterbury and Warrigal Road with the additional benefit of a rear ROW. The 1,139 sqm corner landholding, with a commercial 1 zone, has a recently issued permit approval for a five-level project, currently designed for 72 serviced apartments, plus associated retail and conferencing areas, but with flexibility to accommodate several uses based on the zoning. The property is an amalgamation of two titles and combined street frontage of 99 m to Warrigal Road and Canterbury Road with the added advantage of a rear ROW providing exceptional exposure and design flexibility. The property is presented to marketing for sale at a time when there have been limited blue-chip opportunities. On the doorstep to be highly regarded Union Road shops and the Surrey Hills train Station, the property has excellent amenities all within walking distance to complement the already outstanding fundamentals with Surrey Hills.