16 Watergum Avenue
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About this property
Presenting an outstanding opportunity for developers, investors, and buyers looking to capitalise on Southeast Melbourne's continued growth, this exceptional 1,673 sq. metre (approx.) allotment sits ready to make your vision a reality. Rarely does a parcel of this size and potential come to market, highlighting a truly compelling proposition to secure a foothold in a most sought-after growth corridor. A substantial land holding with an extensive 46m (approx.) frontage offers genuine possibilities for a multi-site development (STCA), amplifying its appeal with a position just metres from Lynbrook Station. The area continues to attract strong demand thanks to its exceptional connectivity, with the Monash and South Gippsland freeways both close by, while residents enjoy proximity to premium schooling options, Lynbrook Village and Marriott Waters shopping centres, Banjo Patterson parklands, and easy access to public transport. Its significant dimensions, flexible residential zoning, and location that ticks every box for lifestyle and liveability deliver possibilities as broad as your vision, perfect for a boutique townhouse development or a larger multi-dwelling project. This is the blank canvas you've been waiting for. Act fast!
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Land Area
- 1673 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Lyndhurst
This land in Lyndhurst, VIC 3975 sits within reach of public transport, local shops and nearby schools. It is listed 84% above the $1.02m median of 65 comparable landswithin 5 km.
Schools near Lyndhurst
- Lyndhurst Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Lynbrook 1 (train) — 199 m away
- Coles — 870 m away
- Banjo Paterson Park — 453 m away
- Figtree Walk Reserve — 484 m away
- Unnamed — 508 m away
Lyndhurst at a glance
Full suburb profile- Population
- 8,926
- Median age
- 33
- Household income
- $2,446/wk
- Median rent
- $430/wk
- Median mortgage
- $2,167/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Lyndhurst price trend
Median sold · House 4 bed
Compound growth +2.7% / yr over 4 yrs
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Full Lyndhurst marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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