Ray White is delighted to offer a 1,109m2 mixed-use development site adjacent to Donnybrook Railway Station.

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12 Springs Road, Donnybrook VIC 3064

$1,299,000 - $1,399,000

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$1.3M - $1.36M Transparent Transparent Listing Based on an openly advertised listing price.

Land 1109 m²

Listed: 2 days ago

Overview

This expansive 1,109 square meter land parcel presents a rare and flexible development opportunity in Donnybrook, directly adjacent to the established and busy Donnybrook Railway Station. Zoned for 'local convenience' with an approved precinct structure plan, the site lends itself to a variety of mixed-use developments, including retail, high-density residential, commercial, office, leisure and community facilities that support both employment and a growing population.

Its generous size and versatile zoning make it particularly suitable for innovative 'shop-top' projects or townhouse developments with retail exposure, catering to diverse market needs. The location within a Northern Growth Corridor earmarked for significant expansion offers strong future growth prospects, with plans for over 300,000 new homes and substantial job creation, heightening the value and utility of this offering.

Prime position adjacent to Donnybrook Railway Station ensures excellent accessibility and foot traffic.
Zoned for medium to high-density residential along with commercial and retail uses, allowing creative development possibilities.
Surrounded by leading developers, reinforcing the area's prestige and investment momentum.
Proximity to the future Cloverton City Centre enhances long-term community and commercial appeal.

This property appeals particularly to developers and investors targeting growth corridors and mixed-use projects that blend living, working, and local amenity space. With room to subdivide subject to council approval, the site invites ambitious developers to capitalize on one of Donnybrook's most promising development sites at the core of a flourishing precinct.

Local Market Insights

In Donnybrook, Quiet Listings observed 43 new parcels of land entering the market over the last 30 days, up from 23 during the previous 30-day period, with an average advertised asking price of $1,165,823. The property type mix of listed properties is predominantly Houses at 73%, followed by land (19%), and townhouses (4%). The most active agency for land in the Donnybrook area is currently Matilda Donnybrook, representing 70% of new listings, followed by Ray White with 12%. 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.