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9 Creswell Street, Crib Point$1.50m
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9 Creswell Street

Crib Point, VIC 3919, Australia
$1.50m
3753 m²

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About this property

An outstanding opportunity to secure an approved subdivision project positioned on the prominent corner of Creswell Street and Glossop Street. With planning approval already in place, this development is ready for the next owner to complete and capitalise on. The subdivision has been approved over two stages, providing flexibility to develop in line with your investment strategy. Stage 1 comprises Lots 3, 4 and 5, which are ready to be developed, subdivided and sold. Stage 2 comprises Lots 1 and 2, offering the option to develop concurrently or retain for future development, allowing you to maximise returns over time. The current owner has already completed a portion of the required civil works, including power and stormwater infrastructure, reducing both the time and cost required to bring the project to completion. Key Features: - Approved two-stage subdivision creating five lots - Planning permit and endorsed plans in place - Power and stormwater works partially completed - Flexible staging to suit your development strategy - Excellent opportunity for developers, investors and builders Price excludes GST. Settlement terms can be negotiated. Contact Dominic Tallon to discuss further. Whether you're looking for your next boutique development project or a site with the flexibility to stage and realise future value, this is an opportunity not to be missed.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
3753 m²
Listed
2 weeks ago

Repayment calculator

$7,272/month
$3,636 /fortnight
Loan $1,200,000 at 6.10% over 30 years

Upfront costs

Deposit$300,000
Stamp duty$82,500
Conveyancing (est.)$2,000
Total upfront$384,500
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 Crib Point

This land in Crib Point, VIC 3919 sits within reach of public transport, local shops and nearby schools. It is listed 94% above the $774,000 median of 66 comparable landswithin 5 km.

Schools near Crib Point

  • Crib Point Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Morradoo (train)1.3 km away
  • United835 m away
  • Cyrill Fox Reserve783 m away
  • Unnamed790 m away
  • Unnamed1.1 km away

Crib Point at a glance

Full suburb profile
Population
3,343
Median age
39
Household income
$1,447/wk
Median rent
$340/wk
Median mortgage
$1,603/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Crib Point price trend

Median sold · House 3 bed

Compound growth -1.9% / yr over 4 yrs

$720kcurrent median

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