Activity Zone Multi-Dwelling Development Site Awaits

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28 Luck Street, Eltham VIC 3095

$1,910,000 - $2,100,000

Search Band Search Visibility Band

$2M - $2.2M High Confidence Calculated based on strong search observations.

Land 1 Car 975 m²

Listed: 31st Jul 2026

Overview

Set within the vibrant Eltham Activity Zone, this rare corner block offers an exceptional 975 square meter flat and cleared land parcel, providing an excellent foundation for ambitious multi-dwelling development projects or potential commercial uses such as childcare premises, subject to council approval.

The land’s previous approval for six contemporary homes means much of the preparatory work has been completed, allowing you to continue seamlessly from established plans and permits (available upon enquiry). This creates a unique opportunity to realize a thoughtfully designed community space or distinct residential properties that harmonize with modern lifestyle demands.

Located close to the town center, future residents will benefit from easy access to boutique cafes, parks, and local amenities, supporting a convenient and connected lifestyle. The site’s prominence as one of the last available corner blocks in the area adds further investment appeal and development potential.

Additional benefits include a designated garage space, and the versatility of the location lends itself well to developers or investors aiming to create a legacy in a sought-after growth corridor. This property promises both strategic value and creative freedom for your next project.

Prime location in Eltham Activity Zone
Generous, flat, and cleared 975m² land parcel
Multi-dwelling development opportunity
Previous council approval for six homes
Detailed plans and permits accessible

This is a noteworthy chance to invest in land that aligns with contemporary development needs and community aspirations. Engaging with this property offers the chance to build with foresight and enhance the local living environment.

Local Market Insights

In Eltham, Quiet Listings observed 2 new parcels of land entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $587,500. The property type mix of listed properties is predominantly Houses at 77%, followed by townhouses (8%), and units (6%). The most active agency for land in the Eltham area is currently OBrien Real Estate, representing 50% of new listings, followed by Morrison Kleeman Estate Agents - Doreen with 50%. 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.