Information Memorandum - 355 - 357 Whitehorse Road, Nunawading

Page 1


SPRINGVALE ROAD

POINT OF INTEREST

THE GOLDEN MILE HAS GONE FROM GOOD TO UNMISSABLE. THIS PROMINENT 2,264 sqm* CORNER SITE BOASTS 101 m* OF PROFILE FRONTAGE

— A PRIME ARTERIAL POSITION WITH HUGE BRAND EXPOSURE ALONG

MELBOURNE’S MEGAMILE LARGE FORMAT RETAIL STRIP.

Nunawading Station is within easy walking distance and the Eastern Freeway is moments away, delivering a location that suits both commuters and trade. The existing improvements offer immediate utility and flexibility, while the Residential Growth Zone (RGZ2) provides a future-proof development pathway (STCA).

Neighbours include major bulky-goods anchors and national brands, amplifying day-to-day footfall and destination appeal.

POINT OF VIEW

While the market debates the next growth pocket, this address has already proven its credentials: profile, connectivity and presence. It’s the kind of corner that turns traffic into attention and attention into demand. Hold for income, re-purpose for community/commercial use, or redevelop to capture the corridor’s mixed-use momentum (STCA).

PROPERTY FEATURES

EXISTING BUILDING

Substantial mid-century structure historically used as Blackburn North / Nunawading Uniting Church on a single title spanning 2,264 sqm*. The building’s open-plan nave/ hall volumes, ancillary rooms and forecourt areas provide a versatile base for interim occupation or adaptive re-use. The layout readily lends itself to owner occupiers within various industries including medical, education/childcare, community, place-of-assembly with a relatively light-touch re-fit (STCA).

SITE EXPRESSION

Expansive corner site showcasing a combined 101 m* frontage enables high-impact signage, brand staging and multiple access options in any future scheme (STCA).

DEVELOPMENT

With a favourable zoning this site presents a remarkable opportunity to be able to build something on such an iconic strip of the eastern suburbs.

WHY IT MATTERS

Flexible existing improvements + high-exposure corner + growth-friendly planning controls = optionality across hold, reposition or redevelop strategies (STCA).

TITLE

LAND AREA

FRONTAGES / BOUNDARIES

Certificate of Title — Volume 04515 Folio 976 ; Plan CP169531

2,264 sqm*

Whitehorse Road frontage: 36.79m*

Northern boundary: 36.50m*

Eastern boundary: 59.68m*

Western boundary: 64.32m*

ZONING

PLANNING OVERLAYS

Residential Growth Zone – Schedule 2 (RGZ2)

DCPO1 - Development Contributions Plan Overlay - Schedule 1

DDO11 - Design And Development Overlay - Schedule 11

SLO9 - Significant Landscape Overlay - Schedule 9

MUNICIPALITY City of Whitehorse

*Approx.

LOCATION

ALL SIGNS POINT TO WHITEHORSE ROAD

A flagship retail/commercial corridor, the MegaMile hosts leading homemaker brands and destination retail, generating reliable trip volumes and billboard-grade exposure. Daily traffic counts across key MegaMile frontages are commonly quoted around 28,000* vehicles/day, reinforcing the value of long frontage and signage rights.

SHOPPING & RETAIL

“MEGA MILE” ON WHITEHORSE ROAD

One of Melbourne’s premier retail strips, home to leading names in furniture, electronics, and homewares — anchored by JB Hi-Fi, The Good Guys, Harvey Norman, Bunnings, Fantastic Furniture, and Brand Smart, alongside fast-food icons McDonald’s and KFC.

Forest Hill Chase and Westfield Doncaster for broader shopping and dining options.

SCHOOLS WITHIN 3 KM OF NUNAWADING

1. Nunawading Christian College (NCC)

2. Mount Pleasant Road Nunawading Primary School (inc. Kindergarten)

3. Blackburn Lake Primary School

4. St Thomas the Apostle Primary School

5. Blackburn Primary School
6. St John’s School (Mitcham)
7. St Timothy’s School
8. Old Orchard Primary School
NEARBY LARGER CENTRES

UNBEATABLE ACCESSIBILITY

Nunawading Railway Station a short 400 m* walk from the site.

Direct links to the Eastern Freeway and Springvale Road combined with the new North-East link upgrade provide exceptional connectivity throughout Melbourne’s eastern suburbs.

High-frequency SmartBus (901/902) and local routes along Whitehorse & Springvale Roads.

SOLID INFRASTRUCTURE

Recent and ongoing upgrades across the eastern network including the North East Link and level crossing removals are boosting capacity and reliability, driving stronger retail and mixed-use growth along the corridor.

MIXED-USE GROWTH

Council policy and built-form controls (DDO11 within Residential Corridors) encourage a transition to higher-amenity, mixed-use outcomes along sections of Whitehorse Road, aligning with demand for residential, medical and commercial floorspace near premium transport.

EXPRESSION OF INTEREST (EOI)

Refer to the Appendix for CVA’s standard EOI form and submission requirements.

Expressions of Interest closing Thursday, 25th September at 3:00 PM

DANIEL PHILIP 0439 977 121 daniel.philip@cva.melbourne

IAN ANGELICO 0418 336 088 ian.angelico@cva.melbourne

APPENDICES

FLOORPLAN

Expressions of Interest Form

Point of interest: 355-357 Whitehorse Road, Nunawading

Complete this form and return it to our office via email or post by Thursday 25th September 3.00PM

ADDRESS TO: CVA Property Consultants Attention: Daniel Philip, Ian Angelico

POST or HAND DELIVER 18-20 Russell Street, Melbourne VIC 3000

E-MAIL

Please submit your offer to the agent you have been working with throughout the campaign.

daniel.philip@cva.melbourne ian.angelico@cva.melbourne

Purchasing Entity Entity/Individual: Address:

Attention:

ABN: Telephone:

Email:

Proposed Purchase Terms

Purchase Price: Deposit (%): Settlement Period: Conditions:

Solicitor Company: Attention:

Address:

Telephone:

Email:

Additional information or special conditions, which supports or clarifies a Registrant’s submission, may be annexed to this ‘Expressions of Interest Form’. The Contract of Sale & Vendor’s Statement has been available during the marketing campaign and parties acknowledge that they have received a copy

NOTE: The Vendor has the right, at its sole discretion, to vary the sales process, to postpone or cancel the sale of the property and to modify or add any terms and conditions to any proposed contract of sale or Vendor’s Statement which may be made available to a potential purchaser.

Signed for and on behalf of the Purchasing Entity Date

Name of Signatory (PLEASE PRINT)

Expressions of Interest Process:

At CVA, we provide prospective purchasers full transparency, fairness, and respect during the EOI process

To make our point, we’ve defined and outlined the process below so you’re across it prior to submitting an offer.

1. Submitting Offers:

Offers are due no later than the date and time advertised for the EOI campaign. They must be submitted through this form with every section completed, signed and emailed to the relevant contact persons by campaign closure. Any offers submitted after this time will be deemed as non-compliant.

Our point of view: we strongly encourage all interested parties to submit their best offer, as the vendor reserves the right to accept an initial offer or to deal exclusively with certain offers in a second round.

2. Review Process:

All offers will be compiled and presented to the vendor for their consideration after the closing of the EOI campaign.

Upon feedback, we will contact all parties promptly to communicate the vendors instructions relating to their offer.

In the event of a second round, we will request all offers to be provided on a contract of sale with a deposit payable to the CVA Trust account, for the vendor’s consideration.

NOTE: The Vendor has the right, at its sole discretion, to vary the sales process, to postpone or cancel the sale of the property and to modify or add any terms and conditions to any proposed contract of sale or Vendor’s Statement which may be made available to a potential purchaser.

Head

18–20 Russell Street, Melbourne

Southern Office

1/136 Keys Road, Cheltenham

Eastern Office

2/5 Corporate Boulevard, Bayswater

Western Office

3B/36 Hume Road, Laverton North

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