Covid testing site lease ahead of pending 11 level Doncaster apartment project
A high-profile, permit-approved Doncaster development site is being used as a COVID drive through testing site before making way for an apartment tower.
Fitzroys’ Shawn Luo negotiated the off-market six-month lease at 584-588 Doncaster Road to 4Cyte Pathology at $10,000 gross per month.
The triple-fronted former Volkswagen dealership site spans 8,176sqm at the corner of Elgar Road on Doncaster Hill, just 150m from Westfield Shopping Centre.
Positioned in a highly-developed pocket of the suburb, it has approval for an 11-level project designed by architects Waybill comprising 260 apartments and ground floor retail spaces.
The plans for the complex date from 2018 when lodged by Nine Dings and are still active.
The site was bought for $23.2 million in 2015.
It was offered for sale by Savills between June last year and March this year with $40 million expectations through agents Benson Zhou, Julian Heatherich, Clinton Baxter and Jesse Radish.