Stonebridge Property Group is pleased to present for sale, 46A Gillwell Road, Lalor.
This property is a substantial 2.6 ha* infill development site with favourable General Residential Zone, allocated for Medium Density Residential under Lalor's Development Plan. It is the last remaining development site of scale in Lalor
The site has significant development cost savings as the site sits outside of the Development Contributions Plan Overlay, and Public Open Space Contributions have already been paid.
The site boasts an abundance of retail amenity nearby including Woolworths (1.5 km*), Station Street retail strip (1.7 km*) anchored by Coles supermarkets, several cafes and resturaunts and other boutique outlets. There is also Costco Epping (1.8 km*) and Pacific Epping Plaza (2.2 km*) which boasts 204 retail stores and 53.4 million annual visitors^.
All levels of education are within walking distance: Lalor Gardens Primary School (500 m*), Nino Early Leaning Childcare Centre (550 m*), St. Catherines Primary School (600 m*) and Peter Lalor Secondary College (1.5 km*).
Lalor is located just 30 minutes* north of Melbourne's CBD, easily accessed via M80 Ring Road, Hume Highway and via train to Lalor Train Station (1.7 km*).
Lalor boasts several parks and green spaces, providing opportunities for picnics, sports, and leisurely walks, including Mosaic Recreation Reserve (adjacent), Barry Road Activity Centre (300m*), Whittlesea Public Gardens (1 km*), Thomastown Recreation & Aquatic Centre (1.1 km*) and Lalor Recreation Reserve (2.3 km*)
The key highlights of the opportunity include:
- Rare 2.6 ha* development site in fully established Lalor
- Allocated for Medium Density residential under Lalor's Development Plan
- The last infill development site of scale in Lalor
- Significant development cost savings for a residential project
- Proximity to an abundance of retail amenity including Woolworths (1.5 km*), Station Street retail strip (1.7 km*) anchored by Coles and several cafes and boutique retailers
- 1.7 km* to Lalor Train Station providing direct access to Melbourne CBD
- 2.2 km* to Pacific Epping Plaza, one of the largest shopping centres in Melbourne's Northern suburbs
- Lifestyle amenity points: Mosaic Recreation Reserve (adjacent), Barry Road Activity Centre (300 m*), Whittlesea Public Gardens (1 km*)
- Forecast 16.2% population growth for the suburb of Lalor^
- Strong recent townhouse sales evidence in Lalor well north of $700,000^
To obtain further information, or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Julian White
0422 764 137
Lucas Gentile
0418 516 056
Chao Zhang
0411 625 068
*Approximately
^ QIC
^^ forecast.id
^^^ ***
Property Code: 785
