2,153m² Corner Site - Big Land, Bigger Potential!

Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

138, 139-140 Lightwood Road, Noble Park VIC 3174

Online Auction: $1,500,000 - $1,650,000

Search Band Search Visibility Band

$1.5M - $1.65M Low Confidence Calculated based on limited search observations.

Land 2153 m²

Listed: yesterday

Overview

This prominent landholding presents an expansive 2,153 square meter corner site in the heart of Noble Park, ideal for developers, investors, and builders seeking a highly visible redevelopment opportunity. The property enjoys dual frontage to Lightwood Road and Corrigan Road, offering excellent exposure and access that enhances its commercial and residential potential.

The generous land size and strategic positioning at a busy intersection make it a rare find in this sought-after area. The existing dwellings no longer meet modern living standards, presenting a blank canvas for transformative development projects. Prospective owners can explore a spectrum of possibilities including multi-unit residential complexes like townhouses or apartments, childcare facilities, or various commercial enterprises, subject to council approvals.

Residents and developers will appreciate the locality’s strong connectivity and amenities, with close proximity to Noble Park Station, shopping precincts, schools, and recreational reserves. Additional convenience is provided by access to multiple major train stations and arterial roads facilitating easy travel throughout Melbourne's south-east corridor.

This site offers a unique chance to leverage sizeable land in a vibrant community, blending lifestyle convenience with significant redevelopment prospects. The property is primed for those aiming to capitalize on the continuing demand for quality housing and commercial ventures within Noble Park.

Local Market Insights

In Noble Park, Quiet Listings observed 2 new parcels of land entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $1,097,500. The property type mix of listed properties is predominantly Units at 34%, followed by houses (34%), and townhouses (23%). The most active agency for land in the Noble Park area is currently Ray White, representing 50% of new listings, followed by Area Specialist with 50%. 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.