Kew
VIC
3101
Rare Development Opportunity
Sold 20/11/2018 Undisclosed
An extremely rare development opportunity in the prime Studley Park.
Situated on approximately 1355m2 of prime residential land and with a 32.5 (approx.) meter frontage to prestigious Molesworth Street and permits approved for a 5 level development comprising 10 oversized luxury residences including 2 penthouses with private roof top pools and spectacular views across the city never to be built out. This is an unsurpassed opportunity for the astute developer.
Close to Kew junction, shops, restaurants, and public transport with many of Melbourne’s leading schools all close by. One of Kew’s best wide tree lined streets directly opposite Studley Park with over 640 acres of natural bushland, only 4.5km from Melbourne’s CBD.
Other options include as a new home site STCA. Existing improvement consists of a very comfortable solid brick home with multiple living zones, 3 bedrooms plus studio/study in ground pool and duel street access offering easy off street parking.