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Overview
Create an Iconic Landmark in Box Hill
This exceptional development opportunity is located at 837 Whitehorse Road and 3-5 Poplar Street in Box Hill, a prime location at the gateway to Melbourne's second Central Business District. The site offers an incredible corner land holding of approximately 2,964 square meters with uninterrupted city views, making it a landmark parcel in this thriving precinct.
The property benefits from a permit-approved design by Peddle Thorp for a 36-storey mixed-use landmark building. This visionary development includes 320 dwellings comprising a diverse mix of apartments, serviced accommodation, and hotel facilities, complemented by retail and office spaces totaling approximately 5,582 square meters of Net Saleable Area (NSA). The total NSA for the development exceeds 30,000 square meters, with concept plans proposing an additional 120 serviced apartment keys, enhancing the scale and potential of the project.
Strategically positioned within walking distance to Box Hill Central, the site enjoys excellent connectivity to rail and tram networks, as well as access to a renowned shopping and food precinct. This location is poised for significant future growth, supported by major infrastructure investments including the Suburban Rail Loop and a $2 billion redevelopment of Box Hill Central by Vicinity Centres. These developments will further enhance the precinct's appeal and ensure sustained demand and capital growth.
The site is also suitable for alternative uses subject to council approval, including Build to Rent, Medical, and Education facilities, providing flexibility for investors and developers to tailor the project to market demands.
This rare opportunity offers a chance to create an iconic landmark in one of Melbourne's most dynamic and rapidly evolving precincts. Interested parties are encouraged to engage with the listed agents to explore this unique development prospect further.
Approximate land size and development details are provided for indicative purposes only.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Box Hill VIC 3128
Market Insights for Box Hill VIC 3128
Other properties in this postcode
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