A Rare Doncaster Development Opportunity

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6 & 7 Merrigum Court, Doncaster VIC 3108

AUCTION $2,600,000 - $2,795,000

Search Band Search Visibility Band

$2.6M - $2.86M Low Confidence Calculated based on limited search observations.

House 4 Beds 2 Baths 2 Cars 2760 m²

Listed: 2 days ago

Updated: 7 hours ago

Overview

This property represents a unique and substantial development opportunity in the established and sought-after suburb of Doncaster. Comprising two adjoining properties that together form an extensive land holding of approximately 2,760 square meters, it provides a rare scope for transformation in one of Melbourne's premium residential markets.

Approved town planning permits for six generously sized townhouses are a pivotal feature of this offering, promoting confidence in potential developers by reducing planning uncertainty. Each townhouse is designed to offer spacious accommodation with four bedrooms and three bathrooms, suitable for a broad range of residents including families seeking generous living spaces.

The inclusion of two-car garages for each residence is a practical aspect that meets modern lifestyle needs, while the low-density nature of the development ensures harmony with the surrounding neighborhood. The layout's focus on private open spaces and well-considered floor plans underscores a commitment to comfortable, contemporary living environments.

Strategically located, the property benefits from excellent connectivity via the nearby Eastern Freeway, linking residents efficiently to Melbourne's central business district. Additionally, close proximity to Westfield Doncaster enriches the lifestyle appeal with shopping, dining, and entertainment options easily accessible. The catchment for Doncaster Secondary College adds educational value that can attract families and owner-occupiers.

For investors and developers alike, this offering provides a valuable opportunity to capitalize on a premium site with planning approval already in place. Whether developing the proposed townhouses or exploring alternative high-quality residential projects, the property embodies a significant and versatile investment prospect in Melbourne's eastern suburbs.

Local Market Insights

In Doncaster, Quiet Listings observed 25 new houses entering the market over the last 30 days, up from 21 during the previous 30-day period, with an average advertised asking price of $1,822,400. The property type mix of listed properties is predominantly Houses at 51%, followed by apartments (24%), and townhouses (12%). The most active agency for houses in the Doncaster area is currently Jellis Craig, representing 28% of new listings, followed by Fletcher's Real Estate Wollongong with 16%. 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.