Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Overview
This exceptional property opportunity is located in the highly sought-after central Doncaster area, offering unparalleled convenience and potential. Situated just a short walk from Doncaster Secondary College, Westfield Shoppingtown, local sporting facilities, parklands, and bus services, this prime real estate is perfectly positioned for both lifestyle and investment.
The site is zoned general residential with a DDO8-2 overlay, encompassing approximately 3353 square meters of land with an impressive frontage of nearly 80 meters. This expansive parcel is ideal for redevelopment, presenting a rare chance to capitalize on the area's growth and demand.
The property currently comprises multiple homes, each securely leased, providing a steady income stream while you plan your future development. This setup allows for immediate returns alongside long-term capital growth potential.
The sale offers flexible options to suit various investment strategies:
- Lots 8 and 10 combined cover approximately 1534 square meters, priced between $3.15 million and $3.25 million.
- Lots 12 and 14 combined cover approximately 1817 square meters, priced between $3.75 million and $3.85 million.
- Lots 10, 12, and 14 combined cover approximately 2592 square meters, priced between $5.35 million and $5.5 million.
- The entire parcel, lots 8, 10, 12, and 14 combined, covers approximately 3353 square meters, priced between $6.9 million and $7.1 million.
This offering represents a golden opportunity for developers, investors, or those seeking a substantial landholding in a prime location. The combination of size, location, and current income makes this property a standout prospect in the Doncaster market.
With its proximity to essential amenities, excellent transport links, and strong community infrastructure, this site is poised for future growth and redevelopment potential. Whether you are looking to develop residential housing, townhouses, or a mixed-use project, this property provides a versatile foundation to realize your vision.
Secure your position in one of Melbourne's most desirable suburbs with this rare and valuable offering. The property's scale and location offer significant scope for capital appreciation and development, making it an outstanding addition to any portfolio.
Local Market Insights
In Doncaster, Quiet Listings observed 16 new houses entering the market over the last 30 days, up from 7 during the previous 30-day period, with an average advertised asking price of $1,712,250. The property type mix of listed properties is predominantly Houses at 44%, followed by townhouses (25%), and apartments (19%). EPI Property was the most active agency in this area, representing 25.0% 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.
Location
Doncaster VIC 3108
Market Insights for Doncaster VIC 3108
Other properties in this postcode
