Land/Development for Sale, 82C Wedge Street & 89 Coulstock Street, North, 3076

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For Sale - Land/Development, Industrial/Warehouse

4,118SQM* ‘STRATEGIC DEVELOPMENT SITE’ OFFERING 8 LEVEL, 125 DWELLING MIXED-USE DEVELOPMENT (STCA)

Highlights

8 level residential development (STCA)
4,118sqm* activity centre land holding
Leased to Telstra

Overview

CBRE is pleased to exclusively present 82C Wedge Street & 89 Coulstock Street, Epping for Sale via Expression of Interest closing Thursday March 18th at 3pm AEDT. This ‘Strategic Development Site’ as outlined in the Epping Central Structure Plan by the Whittlesea Council offers a high-density mixed-use development of up to 8 levels including 125 dwellings and a 300sqm* commercial tenancy (STCA). This 4,118sqm* landholding is improved by a 500sqm* office building currently leased to Telstra and has a large hardstand area. The property features three (3) street frontages combining 182sqm* and is underpinned by a highly favourable Activity Centre Zone and ‘strategic development site’ promoting high density development (STCA). Positioned within Epping’s core activity centre precinct adjacent to Pacific Epping Shopping Centre (sub-regional shopping centre comprising over 230 retail stores) and the Northern Hospital. Surrounded by an abundance of new amenity including Costco (1km*), Epping Train Station (1km*), Bunnings (1.6km*), Melbourne Polytechnic (850m*) and Mantra Hotel (1.8km*) Property features include: + 4,118sqm* Activity Centre Zoned land holding + Office area: 500sqm* + ‘Strategic Development Site’ offering an 8 Level high-density residential development + Site currently leased to Telstra returning circa $70,000 per annum net + To be sold as a going concern + Located in one of the country’s fastest growing municipalities (Whittlesea) For further details on this property or your commercial property needs, please contact the marketing agents Jake George, Joe Brzezek, David Minty or Scott Hawthorne. *approx.

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