40 Fulham Road presents a rare opportunity to secure a key corner site within the Specialised Centre Zone' of the Fulham Road Medical Precinct. The Mater Hospital's Pimlico Campus is located directly opposite this property and is poised for a $100 million dollar redevelopment which will include an additional 3,000 square metres of medical suites and an additional 420 parking bays.
The 801 square metre site is accessed via Diprose Street and comprises a meticulously maintained highset 3 bedroom dwelling. The existing structure could be reconfigured for commercial use or alternatively be relocated to provide a clean site for redevelopment.
The 'Specialised Centre Zone' is aimed at high density allied health or residential development to a maximum of 4 storeys. Other permitted uses include child care, community uses, indoor sport and recreation or an education establishment. Multiple dwelling and accommodation uses are also code assessable to a maximum of 3 storeys.
Properties within this precinct have been highly sought after since its creation and now is the time to act and secure your ideal position.
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