234 – 236 Waterloo Road, Oak Park

234-236

WATERLOO RD OAK PARK

FOR SALE BY EXPRESSIONS OF INTEREST CLOSING ON THURSDAY 31ST MARCH AT 2PM

CONTENTS 04

INTRODUCTION

06

EXECUTIVE SUMMARY

10

LOCATION

14

PROPERTY PARTICULARS

18

DEVELOPMENT SUMMARY

19

DEVELOPMENT SCHEDULE

20

KEY REASONS TO BUY

22

SALE METHOD

3

PERMIT APPROVED

INTRODUCTION

Aston Commercial are pleased to offer 234-236 Waterloo Road, Oak Park for Sale

by Expressions of Interest closing on Thursday 31st March at 2pm.

4

Artists Impression

This Residential double block comes permit

A great ready to build opportunity presents

approved with well thought out plans from

for builders and developers looking to fulfil

renowned Architects Ewert Leaf, providing

an immediate pipeline.

a modern and stylish final product.

We highly recommend this property for your Positioned in Melbourne’s inner north the

serious consideration.

area is highly accessible via road and public transport including the Oak Park Railway station less than 250 metres away.

5

234-236

EXECUTIVE SUMMARY

WATERLOO RD OAK PARK

234-236 Waterloo Road, Oak Park is located 11km’s north of Melbourne’s CBD.

PLANNING PERMIT

LAND AREA

Permit approved for 35 apartments over five levels and parking for 47 vehicles

1,456 sqm*

EXISTING IMPROVEMENTS

ZONING

Two Residential homes comprising 2 & 3 bedrooms respectively

RGZ2 - Residential Growth Zone - Schedule 2

METHOD OF SALE

TERMS OF SALE

For Sale by Expressions of Interest closing on Thursday 31st March at 2pm

10% deposit with a settlement in 30-120 days *approx.

EXCLUSIVE SELLING AGENTS

6

Liam Rafferty

Jeremy Gruzewski

Associate Director 0421 886 655 liam@astoncommercial.com.au

Executive Director 0422 211 021 jeremy@astoncommercial.com.au

READY. SET. BUILD!

LOCATION Oak Park is located 11km’s north of Melbourne’s CBD and is connected by the Craigieburn Railway Line.

Some nearby businesses and infrastructure includes:

DFO Essendon Snell Grove Shopping Centre Glenroy Fresh Market Coles & Liquorland Pascoe Vale Road retail strip

St Francis de Sales Primary School Westbreen Primary School Penola Catholic College Pascoe Vale Girls College Corpus Christi School

Oak Park Railway Station Bus – Route 513 Citylink

Northern Golf Club J P Fawkner Reserve KW Joyce Reserve Oak Park Stadium Oak Park Sports & Aquatic Centre Rayner Reserve

10

Snell Grove Shopping Centre - 250 m

Surrounding Suburbs: Strathmore Pascoe Vale Essendon North Glenroy

PROPERTY PARTICULARS TITLE PARTICULARS

COMBINED LAND DIMENSIONS AND AREA

234 Waterloo Road Volume: 07894 Folio: 141 Lot 10 on Plan of Subdivision 011535

Waterloo Road Frontage

34.13 metres*

Northern Boundary

42.67 metres*

Eastern Boundary

34.13 metres*

Southern Boundary

42.67 metres*

Total Land Area:

1,456 square metres*

236 Waterloo Road Volume: 08098 Folio: 276 Lot 9 on Plan of Subdivision 011535

ZONING *approx.

Under the Moreland City Council Planning Scheme the land is zoned RGZ2 - Residential Growth Zone – Schedule 2.

The property is also subject to the following overlays: DCPO - Development Contributions Plan Overlay - Schedule 1 DDO - Design And Development Overlay - Schedule 24 PO - Parking Overlay - Precinct 1

14

Existing Improvements

234 Waterloo Road Neat and tidy family home with timber kitchen, 1 bathroom, 3 bedrooms with built in robes, gas heating and air-conditioning.

236 Waterloo Road 2 bedroom brick veneer home with single bathroom and carport.

DEVELOPEMENT SUMMARY PLANNING PERMIT

DEVELOPMENT OVERVIEW

A planning permit was issued by the City of Moreland for the construction of a multi-story building containing 35 dwellings.

• • • • • •

Permit No - MPS/2020/45 20 January 2021

5 Levels 35 Apartments 8 – One (1) Bedroom Apartments 27 – Two (2) Bedroom Apartments 2,859 Sqm NLA 47 Car Parks

*A copy of the plans and permit are available upon request

18

DEVELOPMENT DESIGN DESIGNED BY EWERT LEAF

Since 2009, Ewert Leaf has worked to build a legacy of diverse, high value outcomes and experiences founded through multi-disciplinary collaboration and innovation.

Today, we are creating the new architectural model: a diverse, cross-functional campus for ideation and exploration.

Our offering extends beyond creating dwellings. We bring together an elite team with integrated expertise that delivers value.

Artists Impression

19

DEVELOPMENT SCHEDULE Unit

No. of Apartment Private Open Beds M2 Space M2

Basement

Services & Total M2 Car Parking Circulation M2 No. M2 of Spaces 95

1153

1058

34

506

13

Ground Floor G.01 G.02 G.03 G.04

7 2 2 1 2

343 84 83 65 111

160 123 2 35 31 32

1132 146 118 96 143

First Floor 1.01 1.02 1.03 1.04 1.05 1.06 1.07 1.08 1.09

17 2 2 2 2 2 2 2 2 1

761 83 84 84 95 95 90 95 81 54

394 60 22 28 37 114 115 30 8 22 18

1215 105 112 121 209 210 120 103 103 72

Second Floor 2.01 2.02 2.03 2.04 2.05 2.06 2.07 2.08 2.09

15 2 2 1 2 2 1 2 2 1

709 83 82 59 96 97 62 95 81 54

168 58 22 8 9 36 36 10 8 22 17

935 105 90 68 132 133 72 103 103 71

Third Floor 3.01 3.02 3.03 3.04 3.05 3.06 3.07 3.08 3.09

15 2 2 1 296 2 1 2 2 1

708 113 58 83 22 82 8 59 9 8 97 8 62 10 94 8 81 22 54 18

879 105 90 68 104 105 72 102 103 72

Fourth Floor 4.01 4.02 4.03 4.04

8 2 2 2 2

338 93 86 84 75

548 140 125 124 130

181 29 47 9 40 55

TOTAL 62 2859 1016 423 5862 35 Apartments 20

1564 47 12 Bike Spaces

.

KEY REASONS TO BUY

RENTAL VA A 16-YEAR PRICE PRES IN THE COM

PERMIT APPROVED READY TO BUILD

24

HIGHLY ACCESSIBLE WITH NEARBY TRANSPORT INTO THE CBD & AIRPORT

ACANCIES HAVE HIT LOW, WITH FURTHER SSURE EXPECTED MING MONTHS.

ARCHITECTURALLY DESIGNED PLANS

BY EWART LEAF

SUBURB PROPERTY VALUE HAS INCREASED 18.73% OVER THE PAST 12 MONTHS 25

234-236

EXECUTIVE SUMMARY

WATERLOO RD OAK PARK

METHOD OF SALE

TERMS OF SALE

For Sale by Expressions of Interest closing on Thursday 31st March at 2pm

10% deposit with a settlement in 30-120 days

INSPECTIONS

CONTRACT OF SALE & VENDORS STATEMENT

Strictly by private appointment with the exclusive selling agents.

Available upon request.

EXCLUSIVE SELLING AGENTS

26

Liam Rafferty

Jeremy Gruzewski

Associate Director 0421 886 655 liam@astoncommercial.com.au

Executive Director 0422 211 021 jeremy@astoncommercial.com.au

DISCLAIMER “Materials” refers to any representations, statements, documents, data, statistics, measurements, estimates, figures, calculations, projections, approximates or otherwise stated by Aston Commercial Pty Ltd whether verbally or in writing. The Materials have been collated to assist potential purchasers for advertising and general information only to assist potential purchasers to decide whether to proceed with further investigation in relation to the property or the land. The Materials provided by Aston Commercial does not constitute any offer or contract of sale and is not to be relied upon prior to signing any relevant contract. Any dimensions or measurements of the property or the land (internal and external) are approximates only and should not be relied upon before signing any contract. The potential purchaser must conduct investigations to satisfy themselves that any Materials provided are accurate. Aston Commercial excludes unequivocally all inferred or implied terms, conditions and warranties arising out of the Materials and excludes all liability for loss and damage arising therefrom. *Approximate