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74 The Crossway, Keilor East VIC 3033

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

Search Band Search Visibility Band

$1M - $1.1M High Confidence Calculated based on strong search observations.

House 593 m²

Listed: 54 days ago

Overview

Located in the highly regarded suburb of Keilor East, this property presents a noteworthy development opportunity with approved plans for two architecturally designed four-bedroom townhouses. The existing groundwork reduces the complexities typically associated with such projects, providing a rare chance to capitalise on a significant site.

Set upon a generous 593 square meter land, the property promises ample space to accommodate modern family living or investment aspirations. Situated close to Milleara Shopping Centre, expansive parklands, public transport, and main road networks, it combines convenience with lifestyle benefits.

The property's location offers residents easy access to a range of quality education options, including local primary and secondary schools, enhancing its appeal for families prioritising schooling options.

This site is particularly suited for developers, investors, or strategic buyers aiming to capitalise on a well-positioned site with immediate planning approvals, reducing time-to-market and potential development risk.

Local Market Insights

In Keilor East, Quiet Listings observed 19 new houses entering the market over the last 30 days, up from 18 during the previous 30-day period, with an average advertised asking price of $1,414,211. The property type mix of listed properties is predominantly Houses at 91%, followed by townhouses (5%), and commercial properties (5%). The most active agency for houses in the Keilor East area is currently Nelson Alexander, representing 32% of new listings, followed by Moonee Valley Real Estate with 26%. 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.