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Overview
This property offers a rare and significant development prospect in the growing and well-established Craigieburn area. The two adjoining lots at 5 and 7 Eve Court combine to present approximately 1,796sqm of prime land, subdivided into parcels of around 840sqm and 956sqm respectively. Already equipped with approved plans and permits for six townhouses, this site provides a streamlined opportunity for developers or builders to proceed with a residential project without the initial delays of planning approvals.
Set within a desirable location with access to a variety of community amenities, including schools, shopping centers, parks, and convenient public transport options, this site ensures future residents will benefit from practicality alongside growth potential. The location's connectivity to major road networks further enhances its accessibility for commuters and visitors alike.
The existing development approvals eliminate many preliminary hurdles, creating a clear pathway for construction and investment. This substantially reduces risk and positions the site as an appealing prospect for those seeking to capitalize on the demand for residential townhouses in a strong residential market.
- Combined land size of nearly 1,800sqm offers flexibility and scale
- Approved planning permits for six townhouses accelerate development opportunities
- Location offers proximity to schools, parks, retail, and transport for convenient living
- Ideal for experienced developers or builders looking for a ready-to-go project
- Benefits from anticipated growth and investment appeal in Craigieburn
Overall, these two adjoining properties represent a substantial landholding with an established residential development plan in place. They offer an attractive investment catalyst in a sought-after location, catering well to developers aiming to respond to market needs promptly and effectively.
Local Market Insights
In Craigieburn, Quiet Listings observed 13 new townhouses entering the market over the last 30 days, up from 10 during the previous 30-day period, with an average advertised asking price of $540,385. The property type mix of listed properties is predominantly Houses at 53%, followed by land (40%), and townhouses (4%). Ray White was the most active agency in this area, representing 38.5% of all new listings in the last 30 days. 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.
Location
Craigieburn VIC 3064
Market Insights for Craigieburn VIC 3064
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