14 - 16 Toolern Street
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About this property
Unmissable opportunity in Melbourne's fastest-growing corridor - secure a permit-ready development site with massive future upside. Situated in the explosive growth region of Melton / Melton South, this 3,858 mò dual-title landholding offers investors a rare chance to lock in long-term capital gains driven by surging population growth and sustained demand. The area is part of one of Victoria's most dynamic growth corridors - with forecast population increases and infrastructure investment positioning it for strong lift in values. vpropertyconsulting.com.au+1 Why this site stands out: - Permit-Ready Certainty: Council-approved for 24 townhouses, giving you a fast, de-risked path from acquisition to development and sale. - Prime location with appeal: Walking distance to the train station, close to shopping precincts, schools, commercial hubs and freeway access - ensuring high demand from tenants and buyers alike. - Strategic growth upside: As demand surges across the growth corridor, this site offers a chance to benefit from both capital growth and rental demand, setting the stage for strong medium- to long-term returns. Investor Highlights: - Dual-title site - secure a larger landholding with flexibility. - Permit in hand - eliminates planning risk and accelerates time to market. - Growth corridor dynamics - positioned where population and infrastructure growth are driving strong property demand. - Prime amenity and transport access - attractive to tenants and end-buyers seeking convenience and lifestyle. Don't miss this chance: This is more than a development site - it's a strategic entry into one of Melbourne's top growth hotspots, with development certainty and upside potential. For a sophisticated investor ready to capitalise on demographic and infrastructure momentum, this is a standout opportunity. Call Gordon Garg on 0433 897 397 to secure this fantastic opportunity today. Photo ID required for all inspections. Due Diligence Checklist https://www.consumer.vic.gov.au/duediligencechecklist DISCLAIMER: All stated dimensions are approximate only and all photos are for illustration purposes only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 1
- Parking
- 5
- Listed
- 3 months ago
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Neighbourhood
Living in Melton South
This 3-bedroom house in Melton South, VIC 3338 sits within reach of public transport, local shops and nearby schools.
Schools near Melton South
- Al Iman Collegecombined · Prep-12 · CoEd
- Coburn Primary Schoolprimary · Prep-6 · CoEd
- Melton South Primary Schoolprimary · Prep-6 · CoEd
- St Anthony's Schoolprimary · Prep-6 · CoEd
- Staughton Collegesecondary · 7-12 · CoEd
What's nearby
- Melton 1 (train) — 390 m away
- Coles — 485 m away
- Melton South Recreation Reserve — 316 m away
- Mount Carberry Recreation Reserve — 416 m away
- Unnamed — 430 m away
Melton South at a glance
Full suburb profile- Population
- 11,362
- Median age
- 35
- Household income
- $1,209/wk
- Median rent
- $300/wk
- Median mortgage
- $1,300/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Melton South price trend
Median sold · House 3 bed
Compound growth +3.2% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Melton South marketSide-by-side analysis
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