A Blank Canvas with Endless Possibilities on Approximately 674m²!

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74 Princes Highway, Hallam VIC 3803

$690,000 - $759,000

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$690k - $725k Transparent Transparent Listing Based on an openly advertised listing price.

Land 674 m²

Listed: 12 days ago

Overview

This vacant land parcel of approximately 674 square metres located at 74 Princes Highway, Hallam, represents a prime opportunity for buyers seeking a substantial allotment in a convenient south-eastern Melbourne suburb. Its vacant status offers potential owners the flexibility to pursue a customised development project, subject to council approvals and planning regulations, making it attractive for builders, investors, or owner-occupiers with a tailored vision.

Positioned prominently on Princes Highway, the land provides excellent frontage that benefits from accessible major road networks, enhancing connectivity to nearby shopping centres, schools, and public transport options. This strategic location places everyday conveniences well within reach, contributing to the practicality and appeal of the site.

Key attributes of this offering include:

Expansive vacant land of around 674m², providing ample space for new development.
Strong appeal to builders and investors looking for a versatile development opportunity.
Potential for bespoke design outcomes, subject to relevant regulatory approvals.
Convenient highway frontage enhancing access and visibility.
Proximity to key amenities and transport linkages facilitating comfortable living.
An opportunity to secure land in the growing and accessible Hallam area.

Given the generous land size and accessible location, this allotment presents an exciting canvas to design a residence or development aligned with modern needs and lifestyle preferences. Additionally, prospective buyers interested in larger holdings may consider the adjoining property at 72 Princes Highway, which offers approximately 693m², allowing for a combined parcel size of around 1,379m² — an option subject to planning consents.

This property is best suited to those seeking to invest in Melbourne’s south-east land market with the aim of capitalising on development potential or customising a future home. Its accessibility and size make it an attractive proposition without current structural commitments, offering freedom and flexibility to maximise the site’s value.

Local Market Insights

In Melbourne - South East, Quiet Listings observed 67 new parcels of land entering the market over the last 30 days, down from 70 during the previous 30-day period, with an average advertised asking price of $734,946. The property type mix of listed properties is predominantly Houses at 66%, followed by units (10%), and townhouses (9%). The most active agency for land in the Melbourne - South East area is currently Ancora Property Group, 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.