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Overview
This substantial vacant land parcel located at 15 Monash Drive offers a rare blank canvas within Mulgrave's coveted Golden Triangle. Spanning approximately 725 square meters of level terrain, this site is ideal for ambitious buyers seeking to design a bespoke residential home or explore townhouse development opportunities, subject to council approval.
Positioned within close proximity to a number of well-regarded educational institutions including Mazenod College, Brentwood Secondary College, Brandon Park Primary, Caulfield Grammar, and Monash University, the site caters to families prioritising academic access. Its strategic location also provides ease of access to thriving retail hubs such as Brandon Park Shopping Centre, The Glen, Chadstone, M-City, and Ikea, supporting diverse lifestyle conveniences.
Surrounded by notable recreational and community facilities such as Central Reserve, Jells Park, and Monash Aquatic Centre, residents can enjoy extensive outdoor and leisure options. Effective transport connectivity is assured with nearby Glen Waverley Station and substantial road links including the Monash Freeway and EastLink, facilitating effortless commuting across Melbourne.
Whether targeting a private residential build or a development venture, this well-located land plot harmonises potential with practical advantages, making it a versatile investment in a sought-after suburb.
Local Market Insights
In Melbourne - South East, Quiet Listings observed 92 new parcels of land entering the market over the last 30 days, up from 25 during the previous 30-day period, with an average advertised asking price of $735,918. The property type mix of listed properties is predominantly Houses at 69%, followed by townhouses (11%), and units (7%). Area Specialist was the most active agency in this area, representing 23.3% 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 |
|---|---|
| Forthcoming Auction $800,000-$880,000 | |
| Forthcoming Auction |
Open for Inspections
Upcoming inspection times scheduled in the next 14 days.
Location
Mulgrave VIC 3170
Market Insights for Mulgrave VIC 3170
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.
