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5 Pitt Street, Ashburton VIC 3147

$1,395,000

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$1.4M - $1.46M Transparent Transparent Listing Based on an openly advertised listing price.

Land 730 m²

Listed: 3 days ago

Overview

Located in a highly sought-after area of Ashburton, this rare vacant land parcel of approximately 730 square metres offers a unique opportunity for discerning buyers. The generous allotment provides an excellent foundation to design and build a custom residence that can incorporate spacious living areas, picturesque gardens, and versatile outdoor entertainment spaces tailored to the owner's needs and lifestyle preferences.

The expansive size and location of the block make it ideal for families desiring a substantial home site or for developers exploring potential redevelopment options, subject to council approval (STCA).

Homes in the vicinity are known for their quality and appeal, and this landholding benefits from immediate access to public transport options including multiple train stations and bus routes, making commuting convenient.

Nearby amenities such as Ashburton Village, Gardiners Creek Trail, local schools, parklands, and major shopping centres like Chadstone enhance the location's convenience and lifestyle offerings, combining suburban tranquility with urban accessibility.

This opportunity is suited to a range of buyers including families intending to build their dream home, builders seeking a prime project site, or investors looking to secure a valuable landholding in a blue-chip Melbourne suburb.

Approximately 730sqm of vacant land
Ideal for new family home or potential development (STCA)
Proximity to excellent public transport links
Close to parks, walking trails, and sporting facilities
Easy access to Chadstone Shopping Centre and the Monash Freeway

Local Market Insights

In Melbourne - South East, Quiet Listings observed 77 new parcels of land entering the market over the last 30 days, up from 60 during the previous 30-day period, with an average advertised asking price of $695,343. The property type mix of listed properties is predominantly Houses at 66%, followed by units (10%), and townhouses (10%). The most active agency for land in the Melbourne - South East area is currently Ancora Property Group, representing 35% 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.