Large Frontage. Premium Address. Exceptional Potential.

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8-10 Alma Street, Lower Plenty VIC 3093

$1,100,000 - $1,200,000

Search Band Search Visibility Band

$1.1M - $1.16M Transparent Transparent Listing Based on an openly advertised listing price.

House 4 Beds 2 Baths 2 Cars 886 m²

Listed: 7th Aug 2026

Updated: 21 hours ago

Overview

Situated in one of Lower Plenty's most sought-after locations, this property offers a remarkable chance to acquire a substantial 886sqm parcel of land with an impressive 35-metre frontage. The existing split-level home provides comfortable living with multiple zones and three bedrooms, complemented by two bathrooms and resort-style outdoor features including a swimming pool and double garage.

While the residence delivers immediate functionality, the property's true allure lies in its redevelopment potential. The expansive land and generous frontage make it ideal for a luxury new home, multi-dwelling project, or boutique subdivision, subject to council approval, appealing to developers, investors, or those envisioning a bespoke family home.

The location enhances the value proposition, with easy walking access to local amenities such as Lower Plenty Shopping Centre, public transport, schools, and parklands. The proximity to Montmorency Village and quality secondary schools adds to the lifestyle benefits, ensuring convenience and connectivity.

This offering suits purchasers seeking premium land in a tightly held pocket with ample space to realise future plans, whether building, investing, or developing. The combination of substantial land size, prime frontage, and a desirable position creates a distinctive opportunity in the local market.

Generous 886sqm lot with wide 35m street frontage offering excellent street presence
Existing comfortable split-level home with multiple living areas providing either family accommodation or rental income
Three bedrooms, two bathrooms, plus swimming pool and outdoor entertaining spaces
Double garage for secure parking and storage
Premium location near schools, shopping, transport, and parklands enhancing lifestyle and development appeal

Local Market Insights

In Lower Plenty, Quiet Listings observed 4 new houses entering the market over the last 30 days, unchanged from 4 in the prior period, with an average advertised asking price of $2,400,000. The property type mix of listed properties is predominantly Houses at 67%, followed by units (17%), and townhouses (17%). The most active agency for houses in the Lower Plenty area is currently Morrison Kleeman Estate Agents - Doreen, representing 75% of new listings, followed by Jellis Craig with 25%. 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.