Property consultancy Cushman & Wakefield have put Coburg Lakes at 14-22 Gaffney Street in Coburg North on the market via International Expressions of Interest (EOI).
This major approximately 25,628 sqm mixed use development site provides a unique opportunity to create a residential living sector focussed inner-urban masterplanned community.
Therefore, Build to Rent, co-living and/or later living housing will be well suited. Nearby, the Coburg Health & Community Services precinct has been earmarked for development, supporting this vision and any future residents.
Positioned directly on Batman Train Station and with easy access and potential views to the Coburg Lakes precinct, the site has unmatched connectivity to wider Melbourne.
Alternatively, significant improvements on-site provide the opportunity for commercial use and/or owner occupation. The site also benefits from a recently introduced Built Form Overlay (BFO2), which supports high-rise development, with a discretionary minimum building height of 21 metres and discretionary maximum building height of 40 metres (approximately 12 storeys) on the site.
