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39 McLennan Street, Braybrook$920,000
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For Salehouse

39 McLennan Street

Braybrook, VIC 3019, Australia
$880,000 – $960,000
4 bed 1 bath 2 car645 m²

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About this property

Discover an unparalleled opportunity to acquire two expansive allotments, each approximately 645m2 approx., with an impressive frontage of approximately 15.3 meters. This exceptional site is ideally suited for builders, developers, and astute investors seeking a lucrative venture in Melbourne's thriving property market. Key Features: Size and Potential: Perfect for building up to 3-4 townhouses (subject to council approval). The site is primed for a high-yield development project, with ample space for modern, desirable living spaces. Desirable Location: Situated in a sought-after area close to Central West Plaza, residents will enjoy convenient access to shopping, dining, and entertainment options. Multiple bus routes and Tottenham train station provide easy connectivity, while proximity to Highpoint Shopping Centre and the CBD (just under 11km away) ensures unparalleled convenience. Educational and Recreational Amenities: Zoned for respected schools including Braybrook College, Christ the King Primary, and Caroline Chisholm College, the area also boasts numerous local sporting reserves, catering to a family-friendly lifestyle. Investment Potential: Whether you're looking to capitalise on the demand for quality housing or seeking a strategic investment opportunity, this development site promises substantial returns. Builders and developers will appreciate the feasibility for substantial townhouse construction, while investors can leverage the burgeoning property market in this highly sought-after location. While the focus is on development potential, individual buyers have the option to purchase either allotment separately, offering flexibility in investment strategy and development scale. Don't miss out on this rare chance to secure a prime development site with the potential to build up multiple townhouses in a rapidly growing area of Melbourne. An ideal location offering convenience and amenities, this opportunity represents a sound investment in Melbourne's dynamic real estate market. For more details and to arrange a site inspection, contact us today to discuss how you can capitalize on this exceptional opportunity. Note: Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
1
Parking
2
Land Area
645 m²
Listed
3 months ago

Repayment calculator

$4,460/month
$2,230 /fortnight
Loan $736,000 at 6.10% over 30 years

Upfront costs

Deposit$184,000
Stamp duty$50,270
Conveyancing (est.)$2,000
Total upfront$236,270
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 Braybrook

This 4-bedroom house in Braybrook, VIC 3019 sits within reach of public transport, local shops and nearby schools. It is listed 31% above the $700,000 median of 69 comparable houseswithin 5 km.

Schools near Braybrook

  • Christ the King Primary Schoolprimary · Prep-6 · CoEd
  • Dinjerra Primary Schoolprimary · Prep-6 · CoEd
  • Braybrook Collegesecondary · 7-12 · CoEd
  • Caroline Chisholm Catholic Collegesecondary · 7-12 · CoEd
  • Caroline Chisholm Catholic College - Christ The King Campussecondary
  • Caroline Chisholm Catholic College - Sacred Heart Campussecondary

What's nearby

  • Caroline Chisholm College (bus)492 m away
  • Metro Zone446 m away
  • Kinder Smith Reserve252 m away
  • Ash Reserve569 m away
  • Lowe Crescent Reserve629 m away

Braybrook at a glance

Full suburb profile
Population
9,682
Median age
34
Household income
$1,451/wk
Median rent
$312/wk
Median mortgage
$1,859/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Braybrook price trend

Median sold · House 4 bed

Compound growth +2.8% / yr over 4 yrs

$915kcurrent median

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Price history

Price history

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1 price change recorded for this property

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