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Overview
Prime Development Opportunity in the Heart of Box Hill (RGZ1)
Located in one of Melbourne's most rapidly developing corridors, this property at 760 Station Street offers a prime opportunity for developers, investors, and land bankers to acquire a premium site in the vibrant suburb of Box Hill.
Occupying a substantial land parcel of approximately 750 square meters, measuring 15.5 meters in width by 48.3 meters in depth, the site combines immediate liveability with significant future development potential, subject to council approval.
The existing home is a spacious four-bedroom residence featuring a study or home office and two bathrooms. It is complemented by generous off-street parking facilities, including a front driveway accommodating two vehicles and additional parking and accommodation at the rear of the property.
Key development highlights include its location within the Residential Growth Zone (RGZ1), a wide frontage to Station Street, and rear access via a Right of Way (ROW). These features make the site ideal for multi-dwelling developments, townhouses, or boutique apartment projects, subject to planning approval. The property also presents excellent potential for a mid-rise residential development in a highly sought-after location.
In terms of location advantages, the property offers unparalleled convenience with essential amenities within walking distance. These include Box Hill Central shopping precinct, Box Hill railway station, tram and major bus routes, as well as proximity to leading schools, TAFE institutions, hospitals, and parklands. Easy access to the Eastern Freeway and Melbourne's Central Business District further enhances its appeal.
With ongoing infrastructure investments and strong population growth, Box Hill is rapidly transforming into one of Melbourne's premier activity centers. This property represents an exceptional opportunity to capitalize on the area's future development upside and growth potential.
Change History
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Location
Box Hill VIC 3128
Market Insights for Box Hill VIC 3128
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