Expressions of Interest - Offers closing Tuesday 5th August at 5.00pm (unless sold prior).
This exceptional property offers a rare and exciting opportunity for those with vision. Spanning approximately 2652 square metres (approx.), the expansive parcel of land in one of Eltham’s most coveted and central locations - just 800 metres from Eltham Station and within easy walking distance to the area’s bustling cafés, eateries, and boutique shops. Whether you're considering a development, a renovation, or simply a strategic landbank, this property presents a wealth of possibilities in a high-demand neighbourhood.
The site itself is rich with character, featuring a wide and gently undulating block framed by mature trees along the boundary, offering both privacy and natural beauty. The orientation delivers a deep, south-facing rear yard, providing excellent scope for creative design and landscaping. This is the kind of land that inspires imagination — an increasingly uncommon find in such a prime setting.
Currently occupying the block is a comfortable and well-maintained four-bedroom timber residence. It’s a home that’s immediately liveable (with a tenant currently in place), making it an ideal asset for those looking to generate holding income while planning for the future. With solid bones and a flexible layout, the existing house also offers potential for thoughtful renovation or extension, should that suit your longer-term goals.
However, the true appeal lies in the development potential. With more than half an acre at your disposal and planning regulations now offering greater flexibility (STCA), this site is primed for a boutique residential project.
Whether your vision includes multiple townhouses, a cluster of architect-designed homes, or a bespoke family estate, the sheer scale and location of this property make it a standout opportunity in the current market.
Eltham continues to grow in popularity thanks to its strong community feel, excellent transport links, quality schools, and proximity to both nature and city conveniences. Properties of this size, in such a central location, are increasingly hard to find — and even harder to forget.
Whether you’re a seasoned developer or an ambitious investor looking to secure a slice of Eltham’s future, this property is a canvas waiting for your creative mark. An inspection is essential to truly appreciate the scope and scale of what’s on offer here. This is more than just a block of land — it’s a gateway to something remarkable
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