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226-228 McKinnon Road, McKinnon$2.45m
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For Salehouse

226-228 McKinnon Road

McKinnon, VIC 3204, Australia
$2.35m – $2.55m
4 bed 3 bath 2 car368 m²

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About this property

We are excited to present an exceptional opportunity to acquire a prime corner site of 368sqm within the highly sought-after McKinnon High School Zone. This prime development site benefits from ideal and flexible Commercial 1 zoning and features extensive retail frontage to McKinnon Road with additional rear lane access. The development concept includes 5 boutique high end townhouses, each with their own lift plus retail/café and office space (STCA). Quality existing improvements comprise a two-level office building of 376sqm with on-site car parking. Situated in a booming apartment/townhouse location, this property attracts significant value within the Zone. It offers a fantastic opportunity in one of Melbourne's most highly sought-after locations. The property is just a short walk to the bustling McKinnon Road Retail Strip and McKinnon Train Station. It also provides easy access to the Centre Road retail strip, which includes Coles & Woolworths supermarkets, major banks, and specialty retailers. This is a rare opportunity to acquire a high-profile corner site, especially considering the ideal Commercial 1 zoning, the surrounding amenities, and the flexible development scheme in place. For further information or a copy of the concept plans, please contact us.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
3
Parking
2
Land Area
368 m²
Listed
3 months ago

Repayment calculator

$11,877/month
$5,939 /fortnight
Loan $1,960,000 at 6.10% over 30 years

Upfront costs

Deposit$490,000
Stamp duty$139,250
Conveyancing (est.)$2,000
Total upfront$631,250
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.

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Neighbourhood

Living in McKinnon

This 4-bedroom house in McKinnon, VIC 3204 sits within reach of public transport, local shops and nearby schools. It is listed 105% above the $1.20m median of 65 comparable houseswithin 5 km.

Schools near McKinnon

  • Mckinnon Secondary Collegesecondary · 7-12 · CoEd

What's nearby

  • McKinnon Station rail replacement stop (bus)240 m away
  • Lumos Bakery51 m away
  • Unnamed539 m away
  • Hall Street Reserve544 m away
  • Joyce Park570 m away

McKinnon at a glance

Full suburb profile
Population
6,878
Median age
40
Household income
$2,410/wk
Median rent
$516/wk
Median mortgage
$2,689/mo

Source: ABS Census.

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Suburb market

Suburb price trend

McKinnon price trend

Median sold · House 4 bed

Compound growth +0.9% / yr over 4 yrs

$1.93mcurrent median

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