Development plans afoot for neighbouring Ashburton homes

Development plans afoot for neighbouring Ashburton homes
Development plans afoot for neighbouring Ashburton homes

Two adjacent Melbourne properties with existing apartment development permits have been listed for sale.

322-324 High Street in Ashburton, totalling a combined 1,450sqm, is for sale through expressions of interest, closing Wednesday September 9 at 2pm.

Hamish Burgess from Colliers International said these two adjacent properties have plans and a permit for 19 luxurious apartments over three levels

“Ashburton is one of Melbourne’s most affluent suburbs, with a strong median house price well above $1.2 million and significant demand for apartments in the area," Mr Burgess said.

“Given the high quality permit which is in place, we expect strong interest from both local and offshore developers seeking a boutique-sized project in a high quality area.”

 

Michael Crawford

Michael Crawford

Michael is the real estate reporter for western Sydney and loves writing about homes and the people who live in them. A former production editor and news journalist, he enjoys writing about real-world property purchases as well as aspirational buys and builds. Following a recent move from Sydney’s northern beaches, Michael now actually enjoys commuting.

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