248 Mount Pleasant Road
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About this property
Positioned on a prized north-facing allotment of approximately 731sqm, this is a rare and highly compelling opportunity for developers to secure a site with approved plans for three high-quality townhouses, ready to bring a premium project to life. Set within one of Highton's most tightly held pockets, the hard work has already been done, allowing you to move forward with confidence and capitalise on strong buyer demand for well-designed, low-maintenance homes in this sought-after location. The existing 1950s residence remains comfortable and functional, providing a holding income while you prepare for development. The home comprises three bedrooms, two with built-in robes, multiple living zones with split system heating and cooling, a central bathroom, ample storage, and a generous lock-up garage with workshop space. Location is a key driver of future success, with the property positioned just metres from Montpellier Primary School and North Valley Shopping Centre, and only moments to Highton Village, the Barwon River, quality sporting facilities, and seamless Ring Road access for Melbourne commuters. With approved plans in place and a blue-chip setting to match, this is an exceptional turnkey development opportunity, perfectly suited to developers seeking their next high-quality townhouse project in a proven growth corridor. Please contact the listing agents for further details regarding the approved plans.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 1
- Parking
- 1
- Land Area
- 731 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Highton
This 3-bedroom house in Highton, VIC 3216 sits within reach of public transport, local shops and nearby schools. It is listed 13% below the $900,000 median of 60 comparable houseswithin 5 km.
Schools near Highton
- Christian College Geelong - Middle School – Hightoncombined · Prep-12 · CoEd
- Bellaire Primary Schoolprimary · Prep-6 · CoEd
- Highton Primary Schoolprimary · Prep-6 · CoEd
- Montpellier Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Montpellier Primary School/Mt Pleasant Rd (bus) — 66 m away
- IGA — 151 m away
- Bennett Reserve — 173 m away
- Thornbury Reserve — 290 m away
- Cara Reserve — 450 m away
Highton at a glance
Full suburb profile- Population
- 20,736
- Median age
- 39
- Household income
- $2,054/wk
- Median rent
- $360/wk
- Median mortgage
- $2,000/mo
Source: ABS Census.
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Suburb market
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Highton price trend
Median sold · House 3 bed
Compound growth +0.3% / yr over 4 yrs
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