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35 Olive Road

Devon Meadows, VIC 3977, Australia
$1.65m

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Area Price Guide
$1.55m$1.75m

Indicative price guide range

🏘️
63
Comparable
📊
$830,000
Area median
⚖️
+99%
vs median
🗓️
2 months ago
Listed

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Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

Seize a rare chance to secure 20 acres (approx.) of premium vacant land in the tightly held and rapidly evolving suburb of Devon Meadows. Offering exceptional long-term upside, this expansive parcel is perfectly positioned for astute investors, developers, and landbankers seeking to capitalise on Melbourne's next major growth frontier. Situated within the Green Wedge Zone under the Victorian Planning Authority, the property sits in close proximity to the Urban Growth Zone boundary and several major upcoming Precinct Structure Plans-including Devon Meadows PSP, Casey Fields South PSP, and Clyde South PSP. With Melbourne's south-east experiencing significant population and infrastructure expansion, this site is primed to benefit from future planning progression and development uplift (STCA). Located just 1 km from the Devon Meadows and Clyde PSPs and 15 minutes from the proposed South Eastern Airport, this rare landholding sits in a high-potential corridor set to transform in the years ahead. Within minutes, residents can access key lifestyle and essential amenities including Botanic Ridge Shopping Centre, Cranbourne Shopping Centre, Lighthouse Christian College, Casey Grammar, and the renowned Royal Botanic Gardens Cranbourne. Commuting is effortless with convenient access to the South Gippsland Highway, major road networks, and nearby transport hubs such as Cranbourne Railway Station. Property Highlights: Land Size: 20 acres (approx.) Zoning: Green Wedge Zone (GWZ) - offering unique long-term development potential Strategic Position: Moments from Melbourne's Urban Growth Boundary and key PSPs Exceptional Accessibility: Close to shops, schools, parks, major roads & transport Future Growth Potential: Ideally located for capitalising on population & infrastructure expansion Investment Opportunity: Significant future redevelopment prospects (STCA) Income Potential: Ability to generate attractive rental returns while landbanking This is a rare opportunity to secure a substantial landholding on the doorstep of Melbourne's next major growth corridor. With infrastructure investment increasing and development edging closer every year, 35 Olive Road, Devon meadows presents an outstanding strategic investment with exceptional long-term promise. Contact us now! Amit Bhatnagar 0499 977 441 amit@dreamlandproperty.com.au Davinder Thandi 0404 325 137 davinder@dreamlandproperty.com.au Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document.

Property Features

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    Repayment calculator

    $7,999/month
    $4,000 /fortnight
    Loan $1,320,000 at 6.10% over 30 years

    Upfront costs

    Deposit$330,000
    Stamp duty$90,750
    Conveyancing (est.)$2,000
    Total upfront$422,750
    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.

    Property Details

    Property Type
    rural
    Listing Type
    For Sale
    Listed
    2 months ago

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