OVERVIEW

Cushman & Wakefield Development Sites are pleased to present 28-34 Service Street, Hampton for sale by Expressions of Interest closing Wednesday 21st May at 2pm (AEST).

Benefitting from an exceptionally designed Fender Katsalidis permit for an ultra-luxury residential development, perfectly curated to meet the needs of the local and broader downsizer or family market. Positioned in a leafy green street, with an elevated position overlooking Hampton Street and the Bay, the site’s location fundamentals are exceptional.

Key details are highlighted below:

• Enormous residential development site of 3,662sqm*
• Exceptionally designed Fender Katsalidis permit providing for 32 apartments over three (3) levels
• Huge north facing street frontage of over 70m* allowing for an exceptional aspect and natural light throughout the development
• General residential zone – schedule 2 (GRZ2) under the City of Bayside planning scheme
• Potential for design and yield uplift (STPA) due to the recent planning updates, including the Townhouse & Low-Rise Code & the Activity Centres Program, where Hampton is identified
• The site is suitable for a variety of development outcomes, including its current permit approved use as residential, but is also suitable for Retirement Living and Aged Care development (STPA)
•  Outstanding location with access to the Hampton Street retail precinct just 350m away, which includes a Woolworths supermarket, sought after national brands, speciality stores, health and well-being services and a number of premium café and dining destinations
• Proximity to Hampton Beach, which is only 600m* away
• Situated in a premium residential location with a median house price of $2,300,000^

*Approx.

^ REIV

To obtain further information please contact the exclusive selling agents.

Hamish Burgess | 0421 641 497

Joe Kairouz | 0421 430 638

Daniel Wolman | 0412 957 839