Former Government Pound Hits Market as Development Site

Colliers International director – investment sales, Peter Bremner, is expecting the 6760 square metre site to fetch about $5 million.

When the government sold the site at auction in 2004, the current vendor reportedly outmuscled the neighbouring Hays International College.

Sources speculate the international school is a possible buyer this time around.

Not far from the site, a major 38-level apartment tower is proposed for a car park behind the Centro Box Hill shopping centre.

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Marc Pallisco

A former property analyst and journalist, Marc is the publisher of realestatesource.com.au.

Marc Pallisco

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