Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Overview
Situated in the well-regarded inner-eastern suburb of Mont Albert, this expansive 1,426 square metre parcel of land presents a unique development opportunity. Zoned as Commercial 1 Zone (C1Z), the site offers flexibility for a variety of uses, including residential, retail, commercial, medical, childcare, or a mixed-use project, subject to council approval.
The property's location approximately 11.5 kilometres from Melbourne’s CBD places it within easy reach of major transport links, while the surrounding area is characterised by a leafy environment, proximity to parklands and golf courses, and access to some of Melbourne’s prestigious schools. These factors contribute to the strong market fundamentals, characterised by low vacancy rates, undersupply in housing, and population growth.
This landholding is therefore appealing to developers or investors looking to capitalize on a prime site in a highly desirable locale with potential for income generation through leasing or refurbishment in addition to redevelopment prospects.
The sale is by Expression of Interest, closing on 4th September 2026.
Local Market Insights
In Melbourne - Inner East, Quiet Listings observed 3 new parcels of land entering the market over the last 30 days, down from 9 during the previous 30-day period, with an average advertised asking price of $1,279,667. The property type mix of listed properties is predominantly Houses at 58%, followed by apartments (17%), and townhouses (10%). The most active agency for land in the Melbourne - Inner East area is currently Jellis Craig, representing 33% of new listings, followed by First National with 33%. 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 |
|---|---|
| For Sale | |
| For Sale: Contact Agent |
Location
Market Insights for Mont Albert VIC 3127
Other properties in this postcode
