SOLD!!! INCREDIBLE DEVELOPMENT OPPORTUNITY LARGE 1395sqm LANDHOLDING

* Prominent Site of 1395sqm approx.
* Over 35m frontage to Prospect Road
* Substantial Building Improvements of some 685sqm with scope to renovate
* Zoned Urban Corridor
* Incredible Development Opportunity

There has been substantial Development Plan Amendments in the City of Prospect. The amendment covers the Urban Corridor Zone, comprising Prospect Road, Churchill Road and Main North Road.



The highlights of the changes to the Development Plan include:
- Increased building heights within the Urban Corridor Zone
- Reduced car parking requirements for both residential and commercial/retail development.
- Better design outcomes through a design review process for development 5 storeys or more
- Increased flexibility regarding the permissible types of land uses
- New provisions in relation to protecting privacy, minimising over shadowing and ensuring public notification occurs for development over 2 storeys in height.

For Information Memorandum please contact the selling agents.
George Tsiolis on 0411 423 170
Kathy Tsiolis on 0413 434 202

RLA 147463