8 King Street, Wallan VIC 3756

An outstanding opportunity in one of Melbourne's most in-demand growth corridors, this 13,933m² (approx. 3.44 acres) parcel of land in Wallan is ready for the taking. With plans and permits approved for 21 residential lots, this property offers immediate development potential or a secure long-term hold with income from day one.

Zoned General Residential (GRZ1), the property also features a well-maintained home in good condition, currently tenanted and returning $2,260 per month, providing a steady income stream while you prepare for the next phase of development.

Set just moments from all key amenities, this site is located only 3 minutes* from the Hume Freeway, 5 minutes* to Wallan Train Station and a short drive to Wellington Square Shopping Centre, Wallan Medical & Specialist Centre, Wallan Secondary College and Wallan Primary School. And with Melbourne's CBD only 49 minutes* away, the convenience and connectivity speak for themselves.

Opportunities like this-with approved permits, rental return, long settlement options and strong local growth-are incredibly rare. Whether you're a seasoned developer or investor looking to secure a significant holding in the Northern corridor, this is one you don't want to miss.

For more details or to arrange a private inspection, contact Petar Djeparoski.