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Overview
This prime land offering at 60 Pleasant Street, Pascoe Vale presents a rare opportunity to acquire a substantial 674 square meter site in a highly sought-after, established residential locale. Its approved planning permit for four architecturally crafted, contemporary dwellings offers exceptional versatility for developers ready to execute a boutique residential project with confidence, capitalizing on Melbourne's robust demand for quality housing.
Alternatively, the site serves as an expansive canvas for buyers keen to design and build a bespoke family home, subject to council approval, blending modern design ambitions with the tranquility of a quiet street bordered by quality homes and green parklands. This setting offers a lifestyle balance that appeals to a range of buyers, including downsizers seeking manageable living, first-home buyers desiring modern, low-maintenance residences, and investors eyeing future capital growth.
- Conveniently positioned close to Pascoe Vale and Oak Park train stations, enabling seamless city access.
- Easy access to major arterial roads and CityLink supports a connected lifestyle.
- Proximity to local cafés, shopping precincts, schools, parks, and recreational facilities enhances daily convenience.
- Located approximately 12 kilometers from Melbourne's CBD, catering to professionals and families alike.
With council allowing a development commencement by May 2028 and completion by May 2030, this property provides a well-timed opportunity to plan and create a valued asset. The combination of approved permits, location, and land size positions this offering as a strategic investment or development prospect in Melbourne's thriving inner north.
Local Market Insights
In Pascoe Vale, Quiet Listings observed 20 new houses entering the market over the last 30 days, unchanged from 20 in the prior period, with an average advertised asking price of $1,177,000. The property type mix of listed properties is predominantly Houses at 60%, followed by townhouses (31%), and units (6%). The most active agency for houses in the Pascoe Vale area is currently Nelson Alexander, representing 35% of new listings, followed by Jellis Craig with 35%. 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: PRIVATE SALE | $875,000 |
Location
Market Insights for Pascoe Vale VIC 3044
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