190 plus Lots Subdivision - Prime Position in MELTON WEST - 12 Hectares (Approx. 30 Acres) of UGZ Land
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About this property
The site represents an excellent development opportunity and land banking opportunity. The property is well-placed to provide its future owner with a variety of opportunities to develop this substantial site. Key Features; Potential yield circa 190 plus residential allotments STCA Suitable for residential land development Property is located within Urban growth Zone It is a short drive from Woodgrove Shopping Centre around 1.5kms. Located in close proximity to all of Melton's amenities The Melton train station is only at (Approx) 4km Direct access to the Melbourne CBD via the Western Freeway Within close proximity to the proposed Toolern Town Centre and new residential Estates as 'Arnolds Creek' & 'Atherstone' It is located within 10 mins drive from 'Tabcorp Park' which is Melbourne's premier Harness Racing & Entertainment complex. The precinct structure plan suggests these sites will suit residential lots (STPA) in the near future It is 49kms (approx.) from Melbourne CBD and 38kms (approx.) to Melbourne Airport. At a close proximity is Melton's High Street shopping strip and within the radius are primary and secondary schools, parks, recreation facilities and local amenities This site represents an unparalleled opportunity to secure a unique development site in one of Melbourne's fastest growth corridors. The vendors are considering reasonable offers with negotiable settlement terms. due diligence checklist :http://www.consumer.vic.gov.au/duediligencechecklist
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Land Area
- 12 ha
- Listed
- 3 months ago
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Neighbourhood
Living in Brookfield
This land in Brookfield, VIC 3338 sits within reach of public transport, and nearby schools.
Schools near Brookfield
- Melton Christian Collegecombined · Prep-12 · CoEd
- Binap Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Unnamed (bus) — 1.5 km away
- Unnamed — 179 m away
- Unnamed — 267 m away
- Unnamed — 331 m away
Brookfield at a glance
Full suburb profile- Population
- 10,782
- Median age
- 32
- Household income
- $1,642/wk
- Median rent
- $350/wk
- Median mortgage
- $1,663/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Brookfield price trend
Median sold · House 4 bed
Compound growth +1.9% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
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