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1247-1255 Mount Cottrell Road

Thornhill Park, VIC 3335, Australia
$7m
4 bed 2 bath

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Area Price Guide
$6.58m$7.42m

Indicative price guide range

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67
Comparable
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$648,920
Area median
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+979%
vs median
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1 month ago
Listed

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Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

Raine & Horne Land Victoria is pleased to present an exceptional opportunity to acquire a prime 31-acres approx development site within the highly regarded Toolern PSP. Ideally suited for developers, this site comes with approved planning permits, offering a ready-to-go project with significant upside potential. Perfectly positioned in the heart of Melbourne's rapidly growing western growth corridor, this property provides immediate and future development opportunities. A current planning permit allows for 153 residential lots, with a concept plan offering potential for more than 180 lots (STCA). Located in a well-established area undergoing continual infrastructure enhancement, including schools, parks, and transport, this site is primed for residential subdivision success. Key Features • Planning permit approved for 153 residential lots • Approx. 24.7 acres of Net Developable Area (NDA) • Includes 3 acres fronting a major arterial road • Just 2 km from the Western Freeway, offering seamless access to key transport routes • Located near major established communities: • 3 km to Woodlea Estate • 1.5 km to Thornhill Estate • Well-serviced by public transport: • Close to Cobblebank and Rockbank Train Station • Only 5 km from Melton Town Centre, providing access to shopping, services, and amenities A rare and highly desirable opportunity in one of Melbourne's fastest-growing residential precincts. With permits in place and strong surrounding infrastructure, this site offers the perfect blend of scale, connectivity, and future development potential. Contact Us For further information or to request the Information Memorandum, please contact: Talwinder Dahiya - 0435 486 458 Wendy Kaur - 0424 524 420 Harvir Hans - 0421 452 651 Important Information All interested parties are encouraged to carry out their own due diligence prior to submitting any offers. The particulars provided are for general information only and do not constitute any representation by the vendor or agent. Due Diligence Checklist: www.consumer.vic.gov.au/duediligencechecklist

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $33,936/month
    $16,968 /fortnight
    Loan $5,600,000 at 6.10% over 30 years

    Upfront costs

    Deposit$1,400,000
    Stamp duty$435,000
    Conveyancing (est.)$2,000
    Total upfront$1,837,000
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    4
    Bathrooms
    2
    Listed
    1 month ago

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