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1205 Mickleham Road,
Greenvale 3059, Victoria

3 bedrooms
2 bathrooms
8 car spaces
445,200m² land size
Other

Price withheld


Property details

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.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.


Explore the area


School catchments

  • Keelonith Primary School Primary Prep-6 Government 1.1km
  • Aitken College Combined Prep-12 Independent 1.6km
  • Mary Queen of Heaven Catholic Primary School Primary Prep-6 Catholic 1.8km
  • Aitken Hill Primary School Primary Prep-6 Government 2.3km
  • Greenvale Primary School Primary Prep-6 Government 3.0km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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