Price Undisclosed

3 Bed  •  2 Bath  •  8 Car  •  445200m²

Main view of Homely other listing, 1205 Mickleham Road, Greenvale VIC 3059
Second view of Homely other listing, 1205 Mickleham Road, Greenvale VIC 3059
Third view of Homely other listing, 1205 Mickleham Road, Greenvale VIC 3059
+2

Sold

1205 Mickleham Road, Greenvale VIC 3059

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Price Undisclosed

  • 3
  • 2
  • 8
  • 445200m²

Other Sold on Mon 1 Jul, 2024

What's around Mickleham Road

Other description

“Future Potential in the Heart of Greenvale!”

The epitome of prestigious real estate has emerged onto the market for the first time in over four decades! This expansive 110-acre parcel is enveloped by PSP (Precinct Structure Plan) approved properties and showcases a vast, perfectly level terrain without any overlays.


The expansion of Mickleham Road underscores the burgeoning population growth in the northern suburbs of Melbourne.

Capable of accommodating upwards of 700 residential lots (STCA) spanning 400 to 700 square meters each, this property has undergone thorough assessments for inclusion within the Urban Growth Boundary (UGB) and has been a focal point of strategic expansion initiatives. Surrounded by large developments from significant developers such as PEET, Potter George, HB Land, JinDing and Satterley Group.


With the recent finalisation of the Craigieburn West PSP in August 2022, coupled with a noticeable housing shortage, this property presents a compelling opportunity at its current offering price. The subject site is one of the best land-holding / development opportunities in the northern suburbs.



• Total Area of 44.52Ha (Approx.)
• Potential to yield 700 residential lots (STCA)
• No overlays and fully flat terrain
• Located amongst other major developers
• Approx. 380m of Mickleham Road frontage
• One of the fastest growing suburbs in Melbourne
• Less than 25kms from Melbourne CBD, only 10 minutes from Melbourne Airport and other major employment centres.
• Median house price of $850,000 in Greenvale
• In the vicinity of all required infrastructure such as schools, community centres and shopping facilities.
• Two blocks down from Council's GWZ holding block for future development on 1275 Mickleham Road.

Terms:
• Medium - long term settlement considered
• Flexible deposit terms

For inquiries or to obtain an information memorandum, please contact Garvit Mediratta at 0433 073 026.

Property features

toilets

Toilets: 1

Land details

Area: 445200m²

Documents

Statement of Information: View
Fourth view of Homely other listing, 1205 Mickleham Road, Greenvale VIC 3059View more
Fifth view of Homely other listing, 1205 Mickleham Road, Greenvale VIC 3059View more

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1205 Mickleham Road, Greenvale VIC 3059
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