5 Bruce Court
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About this property
Developers and investors take noteyour next project is here, fully prepared and ready to begin. All the hard work has already been taken care of, with stamped plans and permits in place for the construction of 5 ultra-modern, stylishly designed 3-bedroom townhouses. Situated in a quiet court location within walking distance to Gisborne's town centre, this impressive half-acre (approx.) allotment offers an outstanding opportunity to step straight into a development with minimal obstacles and maximum potential. The thoughtful design of the development balances modern living with neighbourhood amenity. Two of the proposed residences are double-storey homes, each featuring 3 bedrooms, 2 bathrooms, a dedicated home office, 2 separate living areas and a double integrated garage. The remaining 3 homes are cleverly designed single-storey residences, offering 3 bedrooms, 2 bathrooms, a spacious open-plan living area and a single integrated garage, perfectly catering to a wide buyer demographic. With interest rates falling and buyer demand on the rise, now is the ideal time to capitalise on this exceptional opportunity. All planning and building permits are approved, allowing you to bypass the costly and time-consuming hurdles that often delay projects of this scale. Ideally positioned in an established residential area, the site benefits from close proximity to local schools, shops, cafés, public transport and the Calder Freeway, ensuring strong market appeal for future buyers or tenants. This is a rare chance to take advantage of a well-prepared development site in the strengthening Macedon Ranges property marketready to be transformed into a modern lifestyle community.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 2
- Parking
- 1
- Land Area
- 1888 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Gisborne
This 3-bedroom house in Gisborne, VIC 3437 sits within reach of public transport, local shops and nearby schools. It is listed 86% above the $807,900 median of 86 comparable houseswithin 5 km.
Schools near Gisborne
- Gisborne Primary Schoolprimary · Prep-6 · CoEd
- St Brigid's Schoolprimary · Prep-6 · CoEd
- Willowbank Primary Schoolprimary · Prep-6 · CoEd
- Gisborne Secondary Collegesecondary · 7-12 · CoEd
What's nearby
- Unnamed (bus) — 705 m away
- Danny's Barber Shop — 679 m away
- Greenhills Estate Reserve — 176 m away
- U. L. Daly Nature Reserve — 726 m away
- Willowbank Estate Reserve — 979 m away
Gisborne at a glance
Full suburb profile- Population
- 10,142
- Median age
- 39
- Household income
- $2,294/wk
- Median rent
- $423/wk
- Median mortgage
- $2,167/mo
Source: ABS Census.
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Suburb market
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Gisborne price trend
Median sold · House 3 bed
Compound growth -2.0% / yr over 4 yrs
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Full Gisborne marketThis listing
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1 price change recorded for this property
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