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769-771 Doncaster Road, Doncaster VIC 3108

Private Sale $3,600,000-$3,960,000

Search Band Search Visibility Band

$3.5M - $3.75M High Confidence Calculated based on strong search observations.

Land 1718 m²

Listed: 5 days ago

Overview

This prime corner block of 1,718 square meters in Doncaster offers vast potential within a Residential Growth Zone (RGZ), ideal for developers looking to capitalize on its generous 88-meter frontage along Doncaster Road. The residential land is suitable for a variety of development projects including units, apartments, a car wash business, or childcare facilities, subject to council approval and overlays.

Strategically located with a swift 20-minute drive to Melbourne CBD via the nearby M3, convenience is a key feature. The property is surrounded by essential amenities, such as zoned primary and secondary schools just a short five-minute walk away, catering to families and investors interested in future growth potential.

Close proximity to shopping and community necessities including Westfield Doncaster, Chemist Warehouse, and Doncaster Library ensures everyday needs are easily met.
Nearby Schramms Reserve provides green space for leisure and relaxation, appealing to those who value outdoor lifestyle opportunities.

With its excellent location and versatile zoning, this land parcel represents more than just an investment; it offers a valuable opportunity to shape future development in a vibrant and accessible suburb.

Local Market Insights

In Melbourne - Inner East, Quiet Listings observed 4 new parcels of land entering the market over the last 30 days, up from 3 during the previous 30-day period, with an average advertised asking price of $1,879,750. The property type mix of listed properties is predominantly Houses at 62%, followed by apartments (17%), and townhouses (8%). The most active agency for land in the Melbourne - Inner East area is currently Belle Property, representing 25% of new listings, followed by Canford Estate Agents 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.