Stonebridge Property Group is pleased to present for sale 188-192 Grimshaw Street, Greensborough. This well-advanced townhouse development site features a current permit approval for 11 townhouses, totalling 1,308 sqm* of Net Saleable Area (NSA).

Strategically located just 450 m* from Greensborough’s vibrant town centre, the property offers convenient access to major retailers including Coles, Woolworths, Kmart, and Target, as well as a variety of specialty stores.

The key highlights of the opportunity include:

– Improved with a well-advanced townhouse development, comprising 11 dwellings and a total NSA of 1,308 sqm*

– Extensive existing works include a fully excavated basement, dwellings at lock-up stage, installed staircases, and the commencement of plastering and the installation of cabinetry

– Centrally located just 100 m* from Greensborough Police Station and within walking distance to Woolworths (450 m*)

– Exceptional retail amenities, with proximity to Woolworths Greensborough (450 m*), Greensborough Plaza (650 m*), and Main Street (700 m*), offering access to essential and specialty retailers such as Coles, ALDI, and the largest Target store in Australia

– Outstanding connectivity via the M80 Ring Road (450 m*), currently undergoing major upgrades to enhance traffic flow and provide direct access to the forthcoming North East Link. Additional transport options include Greensborough Train Station (1.2 km*) and Watsonia Train Station (1.3 km*)

– The property is surrounded by several educational institutions, including Milestone Early Learning Centre (adjacent), St Mary’s Primary School (200 m*), Greensborough Primary School (500 m*), and Greensborough College (600 m*). Additionally, higher education options such as La Trobe University (4.5 km*) and RMIT Bundoora (5.3 km*) are within close proximity

– Lifestyle amenities are well-served with a plethora of parks and reserves as well as Watermarc Aquatic Centre (900 m*) and Greensborough War Memorial Park (350 m*)

– Greensborough is ranked the third-most liveable suburb in Melbourne^, with a median house price of $995,000. This represents an affordable market with strong demand in a high-amenity location, particularly for townhouse product

To obtain further information, or to arrange an inspection, please contact the exclusive selling agents:

Chao Zhang 张超
0411 625 068

Julian White
0422 764 137

Andrew Milligan
+61 421 559 992

^ PRD Affordable and Liveable Property Guide (2024)

*Approximately

Property Code: 1170