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24 Cromwell Street, Eltham VIC 3095

Asking: $870,000

Search Band Search Visibility Band

$800k - $850k High Confidence Calculated based on strong search observations.

Land 789 m² 307 m²

Listed: 49 days ago

Updated: 21 days ago

Overview

This substantial north-facing parcel of land at 24 Cromwell Street, Eltham, offers a rare and exciting opportunity for those looking to build a bespoke home in a highly desirable location. First time offered in nearly seventy years, this elevated 789 square meter allotment boasts a generous 307 square meter building envelope positioned to capture stunning views and sunshine.

Set on the high side of a quiet street amidst a neighborhood characterized by charming character homes, the site encourages a design that is both contemporary and respectful of its natural surroundings and streetscape. This balance between lifestyle and location is underscored by the convenient access to nearby amenities including the Eltham Leisure Centre and pools, a selection of local cafes and eateries, and reputable educational institutions such as Eltham Secondary and Primary Schools.

The proximity to the Diamond Creek Trail promises a lifestyle enriched with outdoor recreational opportunities, while the easy walk to Eltham Station and bus stops ensures connectivity for commuters. Further shopping conveniences and additional schools lie just minutes away.

Lightly treed and with all services connected or readily available, the land invites buyers to craft their ideal home tailored to personal tastes and requirements (subject to council approval). The site's peaceful setting combined with its generous size lends itself perfectly to families or those seeking to establish a unique residence that embraces the sought-after Eltham lifestyle.

Rare offering in a stable and established neighborhood
Elevated, north-facing position maximizes sunlight and views
Generous building envelope supports a substantial home
Close proximity to schools, leisure, and transport
Opportunity to create a bespoke home with character and individuality

This land holding is an ideal starting point for visionary buyers eager to invest in a premium enclave with a strong sense of community and exceptional lifestyle attributes.

Local Market Insights

In Eltham, Quiet Listings observed 2 new parcels of land entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $587,500. The property type mix of listed properties is predominantly Houses at 77%, followed by townhouses (8%), and units (6%). The most active agency for land in the Eltham area is currently OBrien Real Estate, representing 50% of new listings, followed by Morrison Kleeman Estate Agents - Doreen with 50%. 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.