Savills is pleased to offer the opportunity to purchase two of Box Hill’s most important and significant developments opportunities (individually or together) – 826 & 830 Whitehorse Road, Box Hill. Individually, these opportunities present substantial development options, with land areas of 1,078sq m* and 1,572sq m* respectively. Combined, the opportunity represents one of Melbourne’s most extraordinary landholdings of 2,650sq m*.
Key attributes of this outstanding property include:
- Two large, adjoining landholdings being offered individually or as a whole
- Total combined site area of 2,650sq m* (826 Whitehorse Road – 1,078sq m* & 830 Whitehorse Road – 1,572sq m*)
- Enormous 76m* frontage to Whitehorse Road plus rear lane access
- High quality existing office buildings with short-term holding income
- Commercial 1 Zone. Situated within Box Hill’s ‘Major Development Precinct’, allowing for a landmark development (STCA)
- Planning advice from ‘Urbis’ indicating potential height of 30+ levels (STCA)
- Incredible local and off-shore demand for apartments, with adjoining 511-apartment project at 850 Whitehorse Road completely pre-sold in a matter of weeks
- A superb location within the heart of Box Hill in direct proximity to Box Hill Central Shopping Centre, Box Hill Train Station, Box Hill Institute, the hospital precinct, Whitehorse Road trams and Box Hill Gardens
The opportunity to secure one or two major suburban office buildings set on massive and extremely valuable land parcels with unprecedented development potential is very rare, and accordingly we encourage prospective purchasers to actively consider this outstanding opportunity.
826 & 830 Whitehorse Road, Box Hill are For Sale individually or together by Expressions of Interest closing Thursday 23 June at 2pm.
