Significant Investment, Land Holding and Potential

TENDER CLOSING WEDNESDAY 15TH MAY AT 12PM (UNLESS SOLD PRIOR)<br/><br/>A significant parcel of land totalling 15.56 acres (approx.), on Melbourne’s urban fringe just 21km from the CBD, presents an incredible opportunity to acquire a blue-chip investment with strong returns and significant future capital growth potential. Bordered by Diamond Creek Road and Yan Yean Road - the property offers excellent land banking options for potential future subdivision (STCA), as well as a dynamic mix of tenancies ranging from child care, through to allied health and state parliament. <br/><br/>Steeped in history, the site also boasts the original orphanage building designed by James Wardrop (architect for the Shrine of Remembrance), opened in 1929 by Lord Somers. A wonderful space for a myriad of future uses, or simply continue its current use as a multiple tenancy building. <br/><br/>- Unique land holding on Melbourne’s urban fringe, of approx. 15.56 acres<br/>- Returning excess of $500,000 per annum rental yield (excluding GST)<br/>- Long-term leases in place to reliable tenants<br/>- Current Zoning RCZ3 - Rural Conservation Zone 3<br/>- Possible subdivision potential in the future (STCA)<br/>- Dual access via Yan Yean and Diamond Creek Road<br/>- Near essential services - including major arterial roads<br/>- Moments from bus services, St Helena Marketplace<br/>- Close to Greensborough Train Station, and Shopping Centre <br/>- Cottage, private residence and 10 professional suites/rooms <br/>- Future-ready and positioned for growth and long-term success