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Overview
Situated in one of Westmeadows' most desirable and tightly held pockets, this property offers a substantial 784sqm land parcel providing an extraordinary opportunity for a variety of buyers including home renovators, investors, and developers (subject to council approval).
The existing home provides a practical and comfortable living space, with two spacious bedrooms and a central bathroom enhancing livability. The generous lounge area and functional kitchen with adjacent meals space offer a convenient and welcoming environment for everyday living. A single carport adds practical off-street parking.
This property is currently leased until January 2027, presenting immediate income potential. However, it is the large land size combined with a prime location that sets this offering apart.
- Large 784sqm corner allotment ready for renovation or redevelopment (STCA)
- Two generous bedrooms and central bathroom
- Spacious living areas with functional kitchen and meals
- Secure single carport
- Currently leased at $1,825 per calendar month, offering investment return
Residents will appreciate close proximity to local amenities, including the boutique Westmeadows Shopping Village, Westmeadows Primary School, nearby parks, and pleasant walking trails. The location also benefits from accessible public transport options, including bus services linking directly to Broadmeadows Train Station, facilitating a straightforward commute to the city.
This offering represents a rare chance to acquire a substantial landholding in a highly sought-after location. Whether building anew or redeveloping, this property provides a solid foundation to realize a strategic vision in a growing community.
Local Market Insights
In Westmeadows, Quiet Listings observed 7 new houses entering the market over the last 30 days, up from 4 during the previous 30-day period, with an average advertised asking price of $774,857. The property type mix of listed properties is predominantly Houses at 70%, followed by townhouses (20%), and commercial properties (10%). Your Property Agent was the most active agency in this area, representing 60.0% 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
Westmeadows VIC 3049
Market Insights for Westmeadows VIC 3049
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.
