312-316 Springvale Road Donvale
Introduction
Gorman Allard Shelton is pleased to offer for sale Donvale’s premier retirement living site on a substantial block.
This is a rare opportunity to acquire a development site with plans and permits, ideal for developers with experience in retirement villages.
Key features of the site include:
• Plans and permits for 75 retirement apartments village (STCA)
• Land area: 10,242 sqm*
• Prime Springvale Road position next door to Nido Early School
• Proximity to Mitcham Road
The property is being sold by Expressions of Interest closing Thursday 25th May at 2pm.
*approx.
For further details or to arrange an inspection, please contact the exclusive agents:
Jonathon McCormack 0418 835 885 jmccormack@gormanallardshelton.com.au
Nathan May 0452 210 491 nmay@gormanallardshelton.com.au
Stephen Gorman 0418 321 828 sgorman@gormanallardshelton.com.au
Ideally located near the high traffic intersection of Mitcham and Springvale Roads
Location
The subject site is situated within the heart of the highly desirable and leafy suburb of Donvale. Nearby amenities include Tunstall Square Shopping Centre, Donvale Reserve & Sports Ground, Heatherwood School and Donvale Primary School as well as prestigious Whitefriars College.
Within the immediate precinct are Nido Early School and Bupa Aged Care, plus the likes of Greenview Aged Care, Pinetree Retirement Living and Montessori Early Education Centre. They provide successful examples of similar projects.
The location has excellent access to major arterials including direct access to Eastlink, Springvale Road and Whitehorse Road. There are also extensive bus services within the area.
Site Details
An impressive land holding of 10,242 sqm* with frontage to Springvale Road.
Title Details
The land is contained within Certificate of Title Volume 08048 Folio 081 being Lots 1 and 2 on Title Plan 874804S.
Zoning
The land is zoned Low Density Residential (LDRZ) under the City of Manningham Planning Scheme.
Land Area & Dimensions
The site benefits from the following land dimensions:
Springvale Road frontage 56.50 metres*
Northern boundary 178.60 metres*
Rear boundary 102.53 metres*
Southern boundary 104.10 metres*
Total Land Area 10,242 sqm*
Improvements
Featured on the site is a former residential accommodation and smaller associated outhouse type structure.
Plans & Permit
• 75 units ranging from one (1) bedroom units to three (3) bedroom units
• Basement car parking for 58 vehicles
• Outdoor social areas
• On-site amenities including cinema, bar, billiards room, wellness centre, library, restaurant and cafe
A copy of the preliminary plans, planning permit and extension to the planning permit dated 16th March 2023, are available here
*approx.
Terms of Sale
Method of Sale
Expressions of Interest
Closing on Thursday 25th May at 2pm
Terms of Sale
The terms of sale are 10% deposit payable upon signing the Contract of Sale, with the balance payable in 60/90 days.
Further Information
Following review of this Information Memorandum, should potential purchasers seek to progress their interest in the property, the following documentation is available from the Selling Agents upon request:
• Contract of Sale
• Vendor’s Statement
• Plans, Permits and Reports
Inspections
By appointment with the Selling Agents.
Agents
Jonathon McCormack 0417 309 347
Level 1, 415 Riversdale Road
Hawthorn East VIC 3123
gormanallardshelton.com.au 03 9811 4222
Nathan May 0452 210 491
Stephen Gorman 0418 321 828
DISCLAIMER
The information contained in this report is published by Gorman Allard Shelton Pty Ltd to assist potential purchasers in deciding whether or not they wish to make further enquiries with respect to the property and should not be used for any other purpose. It is not intended that any of the information contained in this report will constitute any representation or offer by the Vendor or by Gorman Allard Shelton Pty Ltd. On contrary, prospective purchasers should obtain their own advice and make their own enquiries to satisfy themselves as to the correctness of the information. In particular, all prospective purchasers should check and independently verify all descriptions, dimensions, references to conditions and necessary permissions for use and occupation and any related statements. Information in this report which has been provided to Gorman Allard Shelton Pty Ltd by others is passed on to prospective purchasers without any steps having been taken to independently verify the information and accordingly Gorman Allard Shelton Pty Ltd gives no warranty to its accuracy. This report is provided to the recipient on a confidential basis and is not to be re-supplied to any other person without the prior written consent of Gorman Allard Shelton Pty Ltd. The content of this report and the contract documents may be varied by subsequent versions. On the day of Sale prospective purchasers should check that they are satisfied with all documentation.