This article is from the Australian Property Journal archive
A PRIVATE investor has paid $4.75 million for a vacant commercial building site in Melbourne’s inner western suburb of Maribyrnong, adjacent to Highpoint shopping centre, with versatile development potential.
Knight Frank’s James Thorpe, Tim Grant and Stephen Kelly negotiated the sale of the 1,116 sqm corner site at 151-153 Rosamond Road.
Zoned Mixed Use, the property has a DD012 planning overlay that allows for a multi-level development that could include services apartments, hotel, residential of office space.
It also offers 37 metres of frontage to Rosamond Road.
Australian Property Journal
