65 ROOM SITE WITH PERMIT

Description: East Malvern is 15 kilometres south east of Melbourne's CBD.

Key locational benefits are as follows:
* The aerial photograph tells a great story: main road positioning, on the door step of Monash University (Caulfield campus) and great access to the City.

* Close to Caulfield train station and accessibility is impressive being close to Burke Road and Waverley Road.

Land particulars:
* Frontage to Dandenong Road - 33.53 metres
* Frontage to rear laneway - 33.53 metres
* Depth - 52.79 metres
* Area - 1,770 square metres
(All areas are approximate)

Land benefits:
* There is a permit for 65 motel rooms, conference facility, gym and 60 basement car spaces over 4 levels and extensive basement works.
* The land is significant enough to create a high density development.

FOR SALE BY EXPRESSIONS OF INTEREST
closing Wednesday 25th February 2009 at 3.00pm.