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Overview
8 - 14 Kalimna Crescent, Doncaster
Located in a highly sought after central Doncaster area, this exceptional property offers a golden development opportunity. Situated just minutes' walk from Doncaster Secondary College, Westfield Shoppingtown, local sporting facilities, parkland, and convenient 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, offering significant potential for a visionary developer or investor.
The property comprises multiple homes, each securely leased, providing a steady income stream while plans for future development are prepared. This unique arrangement allows for immediate returns alongside long-term capital growth prospects.
Available for sale in various combinations to suit different investment strategies:
- 8 & 10 Kalimna Crescent: Approximately 1534 square meters, priced between $3.15 million and $3.25 million.
- 12 & 14 Kalimna Crescent: Approximately 1817 square meters, priced between $3.75 million and $3.85 million.
- 10, 12 & 14 Kalimna Crescent: Approximately 2592 square meters, priced between $5.35 million and $5.5 million.
- 8, 10, 12 & 14 Kalimna Crescent: The entire 3353 square meter site, priced between $6.9 million and $7.1 million.
This opportunity is rare in the Doncaster market, combining substantial land size, excellent location, and secure tenancy. It is well suited for developers seeking to capitalize on the area's growth and for investors looking for a stable income with future redevelopment upside.
With close proximity to educational institutions, shopping centers, recreational facilities, and public transport, the site offers convenience and accessibility for future residents or commercial ventures. The generous frontage and land size provide flexibility in design and development, accommodating a range of residential or mixed-use projects subject to council approval.
Overall, this property represents a significant investment in one of Melbourne's most desirable suburbs, offering both immediate income and long-term development potential. Interested parties are encouraged to explore the various purchase options to best align with their investment goals.
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
* 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.
