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Overview
Situated at 103 Whiteside Street in Beveridge, this prime corner development site offers a substantial land parcel of approximately 2,893 square metres. Its significant size and prominent corner positioning afford excellent visibility and access, making it an attractive opportunity for diverse development ventures within a fast-growing residential precinct.
The property is zoned UGZ5 and holds titles that present flexibility for a variety of uses subject to council approval (STCA). Potential developments include medical centres, childcare facilities, retail and takeaway shops, restaurants and cafés, and residential townhouse projects. This versatility supports investors, developers, and businesses aiming to capitalize on Beveridge's expanding housing developments and strong future demand fostered by population growth and infrastructure projects.
Encircled by both established and upcoming residential estates, the site stands as a landmark in Melbourne's northern growth corridor, positioning itself strategically for those looking to secure a foothold in this burgeoning market. The location, size, and exposure collectively underpin the property's appeal for substantial mixed-use or residential development endeavors.
Overall, this parcel represents a rare and promising development prospect, well-suited for professional developers and investors aiming to unlock value in a dynamic and rapidly evolving region.
Local Market Insights
In Beveridge, Quiet Listings observed 4 new parcels of land entering the market over the last 30 days, down from 10 during the previous 30-day period, with an average advertised asking price of $934,750. The property type mix of listed properties is predominantly Houses at 81%, followed by land (19%). The most active agency for land in the Beveridge area is currently Ray White, representing 50% of new listings, followed by Universal Real Estate Vic North 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.
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Location
Market Insights for Beveridge VIC 3753
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