Unique Permit Approved Site In A Premier Position
-North facing and strategically positioned on the West end of Mansfield Street 250m* from High Street
-Plans and permits for a premium and boutique 4 townhouse development
-Large land area of 662sqm*.
-Million dollar suburb: within the top 3 high performing Melbourne suburbs during the December 2018 quarter with a median house price growth of 12.60% (source REIV)
-Median house price in Thornbury during the December 2018 quarter in excess of $1.297m* (source REIV)
-Highly desirable location within a short walking distance to bustling High Streets popular eateries and bars, Aldi and Woolworths
-Immediate proximity to all modes of public transport providing perfect connectivity to the CBD, schools and community amenities
-Surrounded by surging residential population with several completed multi-level apartment buildings nearby
Thornbury is a well-regarded inner northern suburb currently experiencing major gentrification with multiple high density developments completed and planned. This property represents a rare opportunity to develop in a prime pocket of Thornbury with significant future upside and strong demand for lower density living.