Overview
This compact 103 square metre parcel of land is situated in the highly regarded Edgewater pocket of Maribyrnong, offering a valuable opportunity for buyers seeking to create a new home in a city-fringe location.
The site has prior plans and permits in place for a new residence, providing a defined starting point for construction. The proposed home could potentially capture appealing city views, enhancing the living experience and adding long-term value.
The property's location delivers excellent lifestyle conveniences, with nearby river trails, parklands, and Quarry Park encouraging outdoor activities. Accessibility is further supported by public transport options including trams and buses, plus proximity to Victoria University and the Maribyrnong Aquatic Centre.
Highpoint shopping centre is within easy reach, ensuring a wide range of retail, dining, and entertainment options, while the nearby Footscray market precinct, Melbourne CBD, and airport remain readily accessible for commuters and travelers alike.
Prospective buyers should carefully review all previous plans, the permit status, and any conditions with the agent to fully understand the development potential and associated obligations. The property is being marketed via auction, giving interested parties transparency and real-time engagement through the Openn platform.
This landholding is well-suited for buyers ready to begin a custom build project in a vibrant and accessible neighborhood, offering a balance of urban convenience and outdoor amenity.
Local Market Insights
In Melbourne - West, Quiet Listings observed 61 new parcels of land entering the market over the last 30 days, down from 86 during the previous 30-day period, with an average advertised asking price of $733,001. The property type mix of listed properties is predominantly Houses at 72%, followed by townhouses (6%), and units (6%). The most active agency for land in the Melbourne - West area is currently Ray White, representing 28% of new listings. 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.