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539 Melton Highway

Sydenham, VIC 3037, Australia
$1.49m
30372010m²

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Area Price Guide
$1.40m$1.58m

Indicative price guide range

🏘️
66
Comparable
📊
$790,000
Area median
⚖️
+89%
vs median
📐
$0
Per m²
📏
30372010 m²
Land
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

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

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Heritage

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About this property

* Site will be sold with Approved Planning Permit and Stamped Working Drawings * 6 x 4 Bedroom Dwellings (5 with double garage) and 2 x 2 bedroom dwellings * Amazing central location, within Waking Distance to Watergardens Shopping Centre and Train Station * Planning Permit Approved * Approximately 2010m2 of Prime Land An outstanding residential development opportunity positioned along the Melton Highway corridor in the heart of Sydenham. The subject site comprises approximately 2,010m2 of land and is offered with an approved planning permit and stamped working drawings for a well-designed multi-dwelling residential development. The approved scheme allows for the construction of eight dwellings, comprising six (6) four-bedroom townhouses and two (2) two-bedroom dwellings, providing an attractive mix suited to both owner-occupiers and investors. The configuration capitalises on the site's generous landholding and frontage, delivering an efficient and market-ready outcome. Located within close proximity to key local amenities, transport links, schools, retail precincts and major arterials, the site offers strong appeal in a well-established and growing residential area. This permit-approved development presents an excellent opportunity for developers seeking a turnkey project in Melbourne's north-west growth corridor. Key Highlights: * Approximate land area: 2,010sqm * Planning permit approved for 8 dwellings * Dwelling mix: 6 x 4-bedroom and 2 x 2-bedroom * Strategic Sydenham location with strong buyer and rental demand * Ready to proceed development opportunity For a full set of plans and permit information, please contact Joseph today!

Property Features

    View full listing on Domain

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    Repayment calculator

    $7,223/month
    $3,612 /fortnight
    Loan $1,192,000 at 6.10% over 30 years

    Upfront costs

    Deposit$298,000
    Stamp duty$81,950
    Conveyancing (est.)$2,000
    Total upfront$381,950
    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
    land
    Listing Type
    For Sale
    Land Area
    30372010m²
    Listed
    2 months ago

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