18 Eden Place
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About this property
High-Exposure Site with Holding Income | Approved Uses Possible for Childcare or Swim School (STCA) An outstanding opportunity to secure a strategically located corner site in one of Victoria's most rapidly growing residential corridors. Situated directly next to a high-performing childcare centre, and surrounded by established and new housing estates, schools, and transport links, this 2,005sqm* site is ideal for a wide range of community, recreational, and wellness-based developments. Perfectly suited for a Swim School or Childcare Centre - subject to council approval (STCA). Currently generating $1,955/month in holding income, the site provides cash flow while you obtain planning approval or finalise development plans. The existing tenant is cooperative and happy to remain on flexible terms during the planning phase. Key Features: 2,005sqm* corner block with dual street frontage Development-ready site - flat, accessible, and highly visible Monthly income of $1,955 from an existing long-term tenant Flexible tenancy arrangement during planning or permit stages Ideal for Childcare Centre or Indoor Swimming School (STCA) Located beside an operating childcare centre - strong synergy Surrounded by young families, schools, and new residential estates Excellent access to Hume Freeway and Wallan Train Station Ideal Development Outcomes (STCA): Childcare Centre Heated Indoor Swim School Allied Health & Wellness Hub Gymnastics / Youth Sports Facility Martial Arts or Recreation Centre Education or Family Services Facility Why Wallan? Designated high-growth suburb in Melbourne's northern corridor Strong demand for family and community-focused services Young demographic with high participation in sport and wellness activities Government investment in infrastructure and housing continues to drive growth Limited competition for well-located, large-format sites The Opportunity: 18 Eden Place offers the rare combination of location, income, and development potential - all in a community that's crying out for new services. Secure the site, earn while you plan, and deliver a purpose-built facility for Wallan's growing population. Contact the exclusive agent today to receive plans, zoning details, or arrange a site inspection. Due diligence checklist - for home and residential property buyers - http://www.consumer.vic.gov.au/duediligencechecklist. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 4
- Bathrooms
- 2
- Parking
- 2
- Land Area
- 2232 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Wallan
This 4-bedroom house in Wallan, VIC 3756 sits within reach of public transport, and nearby schools.
Schools near Wallan
- Muyan Primary Schoolprimary
- Our Lady of the Way Catholic Primary Schoolprimary · Prep-6 · CoEd
- Wallan Primary Schoolprimary · Prep-6 · CoEd
- Wallan Secondary Collegesecondary · 7-12 · CoEd
What's nearby
- High St/Duke St (bus) — 389 m away
- Greenhill Reserve — 375 m away
- Wallan Community Park — 422 m away
- Unnamed — 440 m away
Wallan at a glance
Full suburb profile- Population
- 15,004
- Median age
- 33
- Household income
- $1,914/wk
- Median rent
- $360/wk
- Median mortgage
- $1,733/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Wallan price trend
Median sold · House 4 bed
Compound growth -0.1% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
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