750 Boronia Road Wantirna, VIC 3152

RWC Glen Waverley is pleased to present 750 Boronia Road, Wantirna - a 5.17-acre* approved development site at the heart of the State Government's 22-hectare Wantirna Health Precinct, and the only privately held landholding within it.

• 20,932sqm* of land with approx. 192m* frontage to Boronia Road, a six-lane dual carriageway
• Approved planning framework - Comprehensive Development Zone (CDZ3) and approved Comprehensive Development Plan (CDP), gazetted August 2024 (Amendment C185knox)
• Approx. 60,000sqm GFA across six buildings of 4-11 storeys, with identified potential to approx. 75,000sqm GFA*
• Many core uses as-of-right - hospital, medical centre, office, retail, residential aged care and residential village require no planning permit in their designated sub-precincts (subject to schedule conditions)
• No advertising, no third-party review, no appeals for permits in accordance with the CDP - statutory 60-day decision timeframe applies
• Infrastructure framework defined - Section 173 road infrastructure agreement with the Department of Transport at final documentation stage
• Capable of staged delivery
• Eastern Health Wantirna 500m* | Knox Private Hospital (24-hour emergency department) 900m* | Westfield Knox 4.4km*
• Immediate access to Mountain Highway and EastLink | 24km* east of the CBD

The Opportunity
Development sites of this scale simply do not come up in middle-ring Melbourne - let alone with the planning already approved. The CDP fixes building heights, setbacks, road networks and infrastructure across the precinct, giving an incoming developer or operator a defined, de-risked pathway from day one.

The approved framework provides for three commercial buildings - suited to hospital, medi-hotel, medical office and health-related retail - and three residential buildings suited to retirement living and residential aged care. Preliminary shadow analysis by Rothelowman identifies scope for approx. two additional levels, lifting yield to approx. 75,000sqm GFA* (subject to design refinement and statutory approvals).

The Precinct
Established by the Victorian Government to serve the growing health and aged care needs of Melbourne's eastern and south-eastern suburbs, the Wantirna Health Precinct is masterplanned for a new public hospital, medical services, education and research facilities, accommodation and housing - anchored today by Eastern Health Wantirna and Knox Private Hospital.

Sale or Joint Venture
The owner will sell outright, or will consider a joint venture with an experienced aged care, retirement living or healthcare operator or developer. The owner brings the land, the approved planning framework and a Rothelowman concept design - the structure is open and proposals are invited.

Due diligence materials are available upon request.

*Approximately. All areas, distances and development outcomes are approximate and subject to statutory approvals.