Australia | Doncaster East

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862-866 Doncaster Road, Doncaster East, Vic 3109

# Location

Description

Rare Development Opportunity! Rare Development Opportunity in Doncaster East

2,039 sqm* Site

Ray White Box Hill is delighted to present for sale 862-866 Doncaster Road Doncaster East.

862-866 Doncaster Road Doncaster East, comprises a 2,039 sqm* of fully leased restaurant within a rare development Zone, allowing for potential retail, residential, commercial (etc) development outcomes (STPA).

Situated in Doncaster East, an affluent eastern suburb of Victoria, this property enjoys a prime position along the major arterial, Doncaster Road. Key amenities such as Westfield Doncaster and Jackson Court shopping Centre are within close proximity, along with several prestigious schools including Doncaster Garden Primary School and Doncaster Secondary College.

Key highlights of this opportunity include:

2,039 sqm* of land on Doncaster Road and corner to Middleborough road, close proximity to M3 eastern freeway.

Rare development Zone landholding, offering substantial development potential

Existing restaurant

generating $180,000* (inc GST) Net Rental Income

Excellent transportation links including bus stops along Doncaster Road, providing direct access to the CBD and Greater Melbourne

Proximity to retail amenities such as Westfield Doncaster, Jackson Court Shopping Centre and

Box Hill Central.

Close access to educational facilities including Doncaster Garden Primary School, Doncaster Secondary College.

Doncaster East's median house price is $1,620,000, with growth of 6.9 % p.a. over the past 12months ^

To obtain further information, or to arrange an inspection, please contact the exclusive selling agents, Ray White Box Hill.

Amanda Wei 04185 04185

Dennis Shi 0498 229 888

William Shen 0433 260 877

^ REA * Approximately

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Dennis Shi

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5 (14 Reviews)

Amanda Wei

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5 (14 Reviews)

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