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Hawthorn

6 3 4

154-156 Riversdale Road

Prime Residential Growth Zone Development Site On Scotch Hill

This exceptional development opportunity has its value underpinned by its prime location with the Urquhart Estate to the North and the Scotch Hill precinct to the South. Both these areas are renowned for their close proximity to a range of shopping options including Glenferrie Road, Camberwell Junction or the Tooronga Complex. Plus the Kooyong Parklands, Gardiners Creek trails, Hawthorn Hockey Club and the Velodrome; all providing easy access to an array of recreational options. Or the CBD via CityLink or public transport - reinforcing the convenience and lifestyle benefits attached to this site.

The property is within a residential growth zone and comes with plans for a luxury apartment complex. The plans, which provide for a mix of 25 one, two and three bedroom apartments over four levels with basement and visitor parking, have been lodged with Boroondara Council but yet to be approved. This opportunity has outstanding capital appreciation prospects given its scale and prized residential lifestyle positioning. There is also another scheme available for 39 one and two bedroom apartments. Land Size:1526 sqm (approx..)

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Nick Ptak

Partner


Kathy Malcolm

Sales Executive


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Nearby Schools

St Joseph's School 0.7km
Erasmus School 0.9km
Swinburne Senior Secondary College 1km
Glenferrie Primary School 1.1km
Scotch College 1.1km
Auburn High School (interim name) 1.7km
St Joseph's School 0.7km
Erasmus School 0.9km
Glenferrie Primary School 1.1km
Scotch College 1.1km
Auburn South Primary School 1.7km
Auburn Primary School 1.9km
Swinburne Senior Secondary College 1km
Scotch College 1.1km
Auburn High School (interim name) 1.7km
Bialik College 1.9km
Alia College 2.2km
Carey Baptist Grammar School 2.2km
Rossbourne School 1.8km
St Paul's College 3.8km
Andale School 4.1km
Kamaruka 5.1km
Collingwood English Language School 6.7km
Belmore School 6.7km
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