July 20, 2021 Development Site, Mill Park, Northern Suburbs, Sold

Strong Buyer Demand for Townhouse/Apartment Sites in the Outer North

By Rory White

There continues to be unprecedented demand for large townhouse/apartment sites in Metropolitan Melbourne. More especially, in the outer northern suburbs.

GrayJohnson has recently sold 18 Development Boulevard, Mill Park to an overseas consortium via a targeted EOI campaign.

The site consisted of 9,908 sqm approx. with a combined frontage of 270 metres approx. and had a development concept plan for 31 townhouses prepared by ClarkeHopkinsClarke.

The campaign generated strong inquiry from overseas and local buyers, with the property selling for $4.85 million.

For further details, please contact Rory White on 0439 655 504 or Matt Hoath on 0418 543 714.

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