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Overview
Set on a substantial north-facing block just under 1000 square meters and zoned for Residential Growth, this property presents a rare and highly sought-after opportunity. The site benefits from an existing planning permit that allows for the development of four townhouses, making it ideal for investors or developers. Alternatively, the zoning supports a variety of high-density developments including boutique apartment complexes, medical centers, or childcare facilities, subject to council approval.
The current residence, while in original condition, offers a solid foundation with scope for modernization and enhancement. It features three spacious bedrooms, a functional kitchen, a comfortable lounge area, and a separate dining room. The home also includes a bathroom, laundry, and a separate toilet, providing practical living spaces for a family or tenants.
Located in an outstanding position, the property is conveniently close to Blackburn North Square Shopping Centre and Box Hill Centro, providing a wide range of retail and dining options. Educational facilities are well catered for with zoning to reputable primary and secondary schools. For further education and training, TAFE is nearby, and medical needs are supported by proximity to a hospital.
Transport options are excellent, with Laburnum and Blackburn train stations nearby, as well as multiple bus routes on the doorstep. This ensures easy access to the Melbourne CBD via the Eastern Freeway, making commuting straightforward and efficient.
This property offers flexible settlement terms, making it an attractive proposition for a variety of buyers. Whether you are looking to renovate and live in a spacious family home or capitalize on the development potential, this opportunity is not to be missed.
Features
- Spacious living areas including lounge and separate dining
- Three large bedrooms providing ample accommodation
- Original condition offering scope for renovation
- Functional kitchen and laundry facilities
- Separate bathroom and toilet for convenience
- Close proximity to shopping centers, schools, TAFE, and hospital
- Excellent public transport options with nearby train stations and bus routes
- North-facing block with Residential Growth zoning
- Existing planning permit for four townhouses (subject to council approval)
- Flexible settlement terms available
Local Market Insights
In Blackburn, Quiet Listings observed 16 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 $1,493,750. The property type mix of listed properties is predominantly Houses at 40%, followed by townhouses (20%), and apartments (18%). Jellis Craig was the most active agency in this area, representing 18.4% 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
Blackburn VIC 3130
Market Insights for Blackburn VIC 3130
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.
