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POINT OF VIEW

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Use Condition

Use Condition

A prominent north-facing landholding with frontage to Burwood Highway, and located on the high side of the road. Excellent transportation amenity with Burwood Highway tram 75 providing access to Greater Melbourne. The forthcoming Suburban Rail Loop project will further enhance connectivity at the closest train station located in Glen Waverley.

Take advantage of the huge local and off-shore demand for new apartments.

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Combined 1,311 sqm* of total land area

A corner site with an approved permit for 33 apartments

Current improvements comprising 2 existing 3-bedroom homes

Zoned Residential Growth Zone Schedule 1

A landmark development awaits from this convenient location

Direct exposure to Burwood Highway’s 29,000* daily passing commuters

Trams on the doorstep and walking distance to buses

3.2 km* to the Eastlink Freeway

Surrounded by educational and medical facilities

Improvements

Comprising 1,311 sqm* of prime corner-positioned land over two titles.

Existing improvements are lot 412 with a 2 level, 3 bedroom home with double garage and swimming pool. This property is on a month to month residential lease.

Lot 414 is a single level, 3 bedroom home with a double carport and is currently vacant.

ON THE MAP: VERMONT SOUTH.

Vermont South is located only 20 km’s* east of Melbourne CBD. Bounded on the east by Dandenong Creek, Vermont South is an established, peaceful, leafy residential suburb.

The area features the an abundance of parks and walking trails. Amenities include Morack Public Golf Course, a number of retirement communities including Victoria Grange Residential Community, Vermont South Shopping Centre, Billabong Park, and Terrara Park. Vermont South is also just a short drive from Dandenong Ranges National Park, home to the 1000 Steps and Sherbrooke Forest.

This suburb falls into two secondary college zones, Vermont Secondary and Highvale Secondary - both well reputed colleges in the eastern suburbs.

While there is no train station in the suburb, Glen Waverley Train Station is only 3.7 kms* away. There is also the Burwood Highway Tram which runs direct to Melbourne’s CBD. There are plans to have the tram line extended from Vermont South to Knox.

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