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Overview
This rare dual-title site offers an exceptional opportunity for developers, builders, and investors to create eight architecturally designed, sizable double-storey townhouses within a substantial 1,639 square metre landholding in Braybrook's evolving inner-west corridor.
Featuring a thoughtfully planned mix of 4-bedroom, 3-bedroom with study, and 2-bedroom with study residences, the project promises versatile and practical floorplans that accommodate contemporary living needs. Each townhouse is designed with private outdoor spaces and garage parking, enhancing privacy and convenience for future occupants.
With a total building area of approximately 1,346.8 square metres, this development-ready site holds considerable scale and flexibility. The approved town planning permit, valid until September 2028, provides security and ample time to progress development.
Located within about 10 kilometres of Melbourne's CBD, the property benefits from excellent connectivity and proximity to key amenities, including local shopping centres, schools, parks, and public transport hubs. The Maribyrnong River parklands and expanding precincts like Highpoint and Sunshine add recreational and lifestyle appeal to this precinct.
- Exceptional dual-title large landholding of circa 1,639sqm
- Approved permit for eight architecturally designed townhouses
- Mixture of 2, 3, and 4-bedroom designs incorporating studies
- Private open space and secure garage parking for each home
- Located in a General Residential Zone free from heritage overlays
- Situated in a quiet residential pocket with strong growth prospects
- Existing dwellings offer potential holding income during planning extension
The site represents a strong investment and development prospect in a well-connected, growing suburb. Architectural drawings and permits are available, facilitating a clear pathway to construction or exploration of alternative development opportunities. This position is ideal for those seeking scale, flexibility, and future value enhancement within Melbourne's thriving inner west.
Local Market Insights
In Braybrook, Quiet Listings observed 8 new townhouses entering the market over the last 30 days, up from 4 during the previous 30-day period, with an average advertised asking price of $802,500. The property type mix of listed properties is predominantly Townhouses at 62%, followed by units (23%), and houses (15%). The most active agency for townhouses in the Braybrook area is currently OBrien Real Estate, representing 25% of new listings, followed by Ray White with 25%. 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 |
|---|---|
| $1,600,000 - $1,700,000 Permit For 8 Townhouses | |
| $1,600,000 - $1,700,000 Permit For 8 Townhouses |