234-236
WATERLOO RD OAK PARK
FOR SALE BY EXPRESSIONS OF INTEREST CLOSING ON THURSDAY 31ST MARCH AT 2PM
CONTENTS 04
INTRODUCTION
06
EXECUTIVE SUMMARY
10
LOCATION
14
PROPERTY PARTICULARS
18
DEVELOPMENT SUMMARY
19
DEVELOPMENT SCHEDULE
20
KEY REASONS TO BUY
22
SALE METHOD
3
PERMIT APPROVED
INTRODUCTION
Aston Commercial are pleased to offer 234-236 Waterloo Road, Oak Park for Sale by Expressions of Interest closing on Thursday 31st March at 2pm.
4
Artists Impression
This Residential double block comes permit
A great ready to build opportunity presents
approved with well thought out plans from
for builders and developers looking to fulfil
renowned Architects Ewert Leaf, providing
an immediate pipeline.
a modern and stylish final product. We highly recommend this property for your Positioned in Melbourne’s inner north the
serious consideration.
area is highly accessible via road and public transport including the Oak Park Railway station less than 250 metres away.
5
234-236
EXECUTIVE SUMMARY
WATERLOO RD OAK PARK
234-236 Waterloo Road, Oak Park is located 11km’s north of Melbourne’s CBD.
PLANNING PERMIT
LAND AREA
Permit approved for 35 apartments over five levels and parking for 47 vehicles
1,456 sqm*
EXISTING IMPROVEMENTS
ZONING
Two Residential homes comprising 2 & 3 bedrooms respectively
RGZ2 - Residential Growth Zone - Schedule 2
METHOD OF SALE
TERMS OF SALE
For Sale by Expressions of Interest closing on Thursday 31st March at 2pm
10% deposit with a settlement in 30-120 days *approx.
EXCLUSIVE SELLING AGENTS
6
Liam Rafferty
Jeremy Gruzewski
Associate Director 0421 886 655 liam@astoncommercial.com.au
Executive Director 0422 211 021 jeremy@astoncommercial.com.au
READY. SET. BUILD!
LOCATION Oak Park is located 11km’s north of Melbourne’s CBD and is connected by the Craigieburn Railway Line. Some nearby businesses and infrastructure includes:
DFO Essendon Snell Grove Shopping Centre Glenroy Fresh Market Coles & Liquorland Pascoe Vale Road retail strip
St Francis de Sales Primary School Westbreen Primary School Penola Catholic College Pascoe Vale Girls College Corpus Christi School
Oak Park Railway Station Bus – Route 513 Citylink
Northern Golf Club J P Fawkner Reserve KW Joyce Reserve Oak Park Stadium Oak Park Sports & Aquatic Centre Rayner Reserve
10
Snell Grove Shopping Centre - 250 m
Surrounding Suburbs: Strathmore Pascoe Vale Essendon North Glenroy
PROPERTY PARTICULARS TITLE PARTICULARS
COMBINED LAND DIMENSIONS AND AREA
234 Waterloo Road Volume: 07894 Folio: 141 Lot 10 on Plan of Subdivision 011535
Waterloo Road Frontage
34.13 metres*
Northern Boundary
42.67 metres*
Eastern Boundary
34.13 metres*
Southern Boundary
42.67 metres*
Total Land Area:
1,456 square metres*
236 Waterloo Road Volume: 08098 Folio: 276 Lot 9 on Plan of Subdivision 011535
ZONING *approx.
Under the Moreland City Council Planning Scheme the land is zoned RGZ2 - Residential Growth Zone – Schedule 2. The property is also subject to the following overlays: DCPO - Development Contributions Plan Overlay - Schedule 1 DDO - Design And Development Overlay - Schedule 24 PO - Parking Overlay - Precinct 1
14
Existing Improvements
234 Waterloo Road Neat and tidy family home with timber kitchen, 1 bathroom, 3 bedrooms with built in robes, gas heating and air-conditioning. 236 Waterloo Road 2 bedroom brick veneer home with single bathroom and carport.
DEVELOPEMENT SUMMARY PLANNING PERMIT
DEVELOPMENT OVERVIEW
A planning permit was issued by the City of Moreland for the construction of a multi-story building containing 35 dwellings.
• • • • • •
Permit No - MPS/2020/45 20 January 2021
5 Levels 35 Apartments 8 – One (1) Bedroom Apartments 27 – Two (2) Bedroom Apartments 2,859 Sqm NLA 47 Car Parks
*A copy of the plans and permit are available upon request
18
DEVELOPMENT DESIGN DESIGNED BY EWERT LEAF
Since 2009, Ewert Leaf has worked to build a legacy of diverse, high value outcomes and experiences founded through multi-disciplinary collaboration and innovation.
Today, we are creating the new architectural model: a diverse, cross-functional campus for ideation and exploration. Our offering extends beyond creating dwellings. We bring together an elite team with integrated expertise that delivers value.
Artists Impression
19
DEVELOPMENT SCHEDULE Unit
No. of Apartment Private Open Beds M2 Space M2
Basement
Services & Total M2 Car Parking Circulation M2 No. M2 of Spaces 95
1153
1058
34
506
13
Ground Floor G.01 G.02 G.03 G.04
7 2 2 1 2
343 84 83 65 111
160 123 2 35 31 32
1132 146 118 96 143
First Floor 1.01 1.02 1.03 1.04 1.05 1.06 1.07 1.08 1.09
17 2 2 2 2 2 2 2 2 1
761 83 84 84 95 95 90 95 81 54
394 60 22 28 37 114 115 30 8 22 18
1215 105 112 121 209 210 120 103 103 72
Second Floor 2.01 2.02 2.03 2.04 2.05 2.06 2.07 2.08 2.09
15 2 2 1 2 2 1 2 2 1
709 83 82 59 96 97 62 95 81 54
168 58 22 8 9 36 36 10 8 22 17
935 105 90 68 132 133 72 103 103 71
Third Floor 3.01 3.02 3.03 3.04 3.05 3.06 3.07 3.08 3.09
15 2 2 1 296 2 1 2 2 1
708 113 58 83 22 82 8 59 9 8 97 8 62 10 94 8 81 22 54 18
879 105 90 68 104 105 72 102 103 72
Fourth Floor 4.01 4.02 4.03 4.04
8 2 2 2 2
338 93 86 84 75
548 140 125 124 130
181 29 47 9 40 55
TOTAL 62 2859 1016 423 5862 35 Apartments 20
1564 47 12 Bike Spaces
.
KEY REASONS TO BUY
RENTAL VA A 16-YEAR PRICE PRES IN THE COM
PERMIT APPROVED READY TO BUILD
24
HIGHLY ACCESSIBLE WITH NEARBY TRANSPORT INTO THE CBD & AIRPORT
ACANCIES HAVE HIT LOW, WITH FURTHER SSURE EXPECTED MING MONTHS.
ARCHITECTURALLY DESIGNED PLANS BY EWART LEAF
SUBURB PROPERTY VALUE HAS INCREASED 18.73% OVER THE PAST 12 MONTHS 25
234-236
EXECUTIVE SUMMARY
WATERLOO RD OAK PARK
METHOD OF SALE
TERMS OF SALE
For Sale by Expressions of Interest closing on Thursday 31st March at 2pm
10% deposit with a settlement in 30-120 days
INSPECTIONS
CONTRACT OF SALE & VENDORS STATEMENT
Strictly by private appointment with the exclusive selling agents.
Available upon request.
EXCLUSIVE SELLING AGENTS
26
Liam Rafferty
Jeremy Gruzewski
Associate Director 0421 886 655 liam@astoncommercial.com.au
Executive Director 0422 211 021 jeremy@astoncommercial.com.au
DISCLAIMER “Materials” refers to any representations, statements, documents, data, statistics, measurements, estimates, figures, calculations, projections, approximates or otherwise stated by Aston Commercial Pty Ltd whether verbally or in writing. The Materials have been collated to assist potential purchasers for advertising and general information only to assist potential purchasers to decide whether to proceed with further investigation in relation to the property or the land. The Materials provided by Aston Commercial does not constitute any offer or contract of sale and is not to be relied upon prior to signing any relevant contract. Any dimensions or measurements of the property or the land (internal and external) are approximates only and should not be relied upon before signing any contract. The potential purchaser must conduct investigations to satisfy themselves that any Materials provided are accurate. Aston Commercial excludes unequivocally all inferred or implied terms, conditions and warranties arising out of the Materials and excludes all liability for loss and damage arising therefrom. *Approximate
