Land in Melbourne’s north hot on the investor eye

28 September 2018

A development site has sold to a Chinese developer for $1.24 million as land in Melbourne’s north western suburbs continues to be in demand.

Savills Australia’s Benson Zhou, Julian Heatherich and Mark Stafford brokered the deal for 446 Buckley Street, Essendon West and said they received significant interest throughout the expressions of interest campaign.

“Demand for permitted townhouse sites are continuing to grow across Melbourne as the population continues to grow at a rapid rate,” Mr Zhou said.

The 809sq m site has an approved permit for four high townhouses and is located a short distance from St Bernard’s College.

Learn more about Savills Metropolitan and Regional Sales.

 
 

Key Contacts

Benson Zhou

Benson Zhou

Director
CBD & Metropolitan Sales

Savills Melbourne (150 Collins Street)

+61 (0) 3 8686 8099

 

Julian Heatherich

Julian Heatherich

Director
CBD and Metropolitan Sales

Savills Melbourne (150 Collins Street)

+61 (0) 3 8686 8076