Mill Park apartment development site listed

The property has been in multi-generational family ownership with the local council rezoning it for a high density residential project

Mill Park apartment development site listed
Mill Park apartment development site listed

The Melbourne estate agency Gray Johnson are offering a Mill Park development site near South Morang. The 9,908 sqm holding is vacant.

Offers close on the 18 Development Boulevard offering on 24 March with a price expectation in the high $4 millions.

The property has been recently rezoned as Residential Growth Zone – Schedule One which affords permission to build to a height of four storeys or 13.5 metres.

Gray Johnson director Matt Hoath says that the property would suit an apartment project.

“This property has been in multi-generational family ownership long term and the local council rezoned it as they favoured a high density residential project, rather than a commercial project, on the site which is adjoined on one side by parkland” Mr Hoath advises.

It is close to the Rivergum Shopping Centre.

The area is also well served for public transport including the Metro Rail extension to the north.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

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South Morang Development Site Listing

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