Prime Development Opportunity in Endeavour Hills

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106-108 Kennington Park Drive, Endeavour Hills VIC 3802

$3,200,000-$3,300,000

Search Band Search Visibility Band

$3.2M - $3.36M Transparent Transparent Listing Based on an openly advertised listing price.

House 4 Beds 3 Baths 3 Cars

Listed: 3rd Aug 2026

Updated: 6 days ago

Overview

This significant property located in the thriving community of Endeavour Hills offers a unique investment and development opportunity, boosted by the benefit of approved plans and permits for the construction of 13 deluxe townhouses. The existing residence on the site, with four bedrooms, three bathrooms, and parking for three vehicles, generates steady rental income, making it a versatile asset that balances immediate income with future development potential.

Strategically positioned close to essential amenities, schools, and transport links, this site is well placed to meet the needs of modern lifestyle demands. The already approved and permitted development process will allow the new owner to proceed swiftly with construction, potentially maximizing the project's profitability and reducing delays associated with approvals.

Overall, this listing represents an excellent prospect for investors or developers looking to capitalize on a prime location and a streamlined development process in Endeavour Hills. The combination of ongoing income from the current dwelling and the high potential of upscale townhouse construction supports a balanced and flexible investment approach in a sought-after area.

Approved plans and permits enable immediate development commencement.
Existing well-maintained residence providing rental income during development.
Convenient proximity to schools, amenities, and public transport enhances the appeal of future homes.

Prospective buyers should conduct thorough due diligence, appreciating the value and potential this property offers in a growing community.

Local Market Insights

In Endeavour Hills, Quiet Listings observed 17 new houses entering the market over the last 30 days, down from 19 during the previous 30-day period, with an average advertised asking price of $837,059. The property type mix of listed properties is predominantly Houses at 81%, followed by units (14%), and townhouses (5%). The most active agency for houses in the Endeavour Hills area is currently Area Specialist, representing 29% of new listings, followed by McGrath Estate Agents with 12%. 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.