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Overview
20 and 22 James Street offer a unique opportunity with a consolidated landholding of 1,351 square meters, comprising two adjoining lots: No. 20 with 676 square meters and No. 22 with 675 square meters. This combined property boasts an impressive 30.6-metre street frontage, situated in one of Melbourne's most dynamic eastern growth corridors.
The site is zoned Residential Growth Zone Schedule 1 (RGZ1), allowing for a baseline development height of four storeys. With Box Hill established as a key Suburban Rail Loop (SRL) Activity Centre, this location presents significant potential for future development and value uplift as precinct planning evolves.
For developers and investors, this wide RGZ1-zoned site near Box Hill's core is a rare find. The consolidated nature of the holding removes the complexities and costs associated with piecemeal acquisition. The SRL activity centre designation positions this property at the forefront of Melbourne's eastern growth over the next decade.
For families and homebuilders, there is the option to purchase either lot individually and create a custom home. Each allotment offers a generous footprint with a north-facing backyard, a highly desirable feature in this area of Melbourne. The property is also located within the catchment for Box Hill High School, one of Victoria's most sought-after state schools.
The location is highly convenient, with a range of amenities within walking distance:
- 5 minutes walk to Box Hill Central and market
- 5 minutes walk to Box Hill Station, serviced by Belgrave and Lilydale train lines and trams
- 7 minutes walk to Box Hill Hospital and medical precinct
- 8 minutes walk to Box Hill High School
- 25 minutes by train to Melbourne CBD
The properties are available for purchase either together as a combined development site or separately as individual lots, providing flexibility for buyers.
This offering represents a significant opportunity to secure a substantial landholding in a prime location with excellent development potential and lifestyle benefits.
Local Market Insights
In Box Hill, Quiet Listings observed 17 new houses entering the market over the last 30 days, up from 15 during the previous 30-day period, with an average advertised asking price of $1,560,000. The property type mix of listed properties is predominantly Apartments at 46%, followed by houses (25%), and townhouses (17%). Ray White was the most active agency in this area, representing 15.3% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| CONTACT AGENT | |
| Auction $3,900,000-$4,290,000 | |
| Auction $3,000,000-$4,290,000 |
Location
Box Hill VIC 3128
Market Insights for Box Hill VIC 3128
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
