188 - 192 Grimshaw Street Greensborough VIC 3088

Stonebridge Property Group is pleased to present for sale 188-192 Grimshaw Street, Greensborough. This well-advanced townhouse development site features a current permit approval for 11 townhouses, totalling 1,308 sqm* of Net Saleable Area (NSA).

Strategically located just 450 m* from Greensborough's vibrant town centre, the property offers convenient access to major retailers including Coles, Woolworths, Kmart, and Target, as well as a variety of specialty stores.

The key highlights of the opportunity include:

- Improved with a well-advanced townhouse development, comprising 11 dwellings and a total NSA of 1,308 sqm*

- Extensive existing works include a fully excavated basement, dwellings at lock-up stage, installed staircases, and the commencement of plastering and the installation of cabinetry

- Centrally located just 100 m* from Greensborough Police Station and within walking distance to Woolworths (450 m*)

- Exceptional retail amenities, with proximity to Woolworths Greensborough (450 m*), Greensborough Plaza (650 m*), and Main Street (700 m*), offering access to essential and specialty retailers such as Coles, ALDI, and the largest Target store in Australia

- Outstanding connectivity via the M80 Ring Road (450 m*), currently undergoing major upgrades to enhance traffic flow and provide direct access to the forthcoming North East Link. Additional transport options include Greensborough Train Station (1.2 km*) and Watsonia Train Station (1.3 km*)

- The property is surrounded by several educational institutions, including Milestone Early Learning Centre (adjacent), St Mary's Primary School (200 m*), Greensborough Primary School (500 m*), and Greensborough College (600 m*). Additionally, higher education options such as La Trobe University (4.5 km*) and RMIT Bundoora (5.3 km*) are within close proximity

- Lifestyle amenities are well-served with a plethora of parks and reserves as well as Watermarc Aquatic Centre (900 m*) and Greensborough War Memorial Park (350 m*)

- Greensborough is ranked the third-most liveable suburb in Melbourne^, with a median house price of $995,000. This represents an affordable market with strong demand in a high-amenity location, particularly for townhouse product

188-192 Grimshaw Street, Greensborough is offered for sale via Expressions of Interest, closing Thursday 20th March 2025 at 2PM (AEDT). To obtain further information, or to arrange an inspection, please contact the exclusive selling agents:

Chao Zhang
0411 625 068

Julian White
0422 764 137

Andrew Milligan
+61 421 559 992

^ PRD Affordable and Liveable Property Guide (2024)

*Approximately

Property Code: 1170