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Offers close 13 Nov

839 Plenty Road,
Reservoir 3073, Victoria

731m² land size
Land

RESERVE: $1,100,000

Property Price Statement

Property details

EOI Ending Fri 13 Nov 5pm | Endorsed Town Planning Plans - Seven Townhouse Development

Opportunities to secure a substantial development site with the planning groundwork already established are increasingly difficult to find. Set across approximately 731 sqm, 839 Plenty Road presents a compelling proposition for builders and developers looking to secure their next project with a clearly defined residential outcome.

For developers, time and certainty are critical. With endorsed town planning plans already in place for seven townhouses, much of the initial groundwork has been established, allowing the successful purchaser to focus on taking the project forward rather than starting the planning process from the beginning. The result is a site with a defined end product, providing a clearer vision of the development potential and an opportunity to bring a substantial townhouse project to life in an established residential location.

Townhouse 1 - 2 Bed - 2 Bath - 1 Car
Townhouse 2 - 2 Bed - 2 Bath - 1 Car
Townhouse 3 - 2 Bed - 1 Bath - 1 Car
Townhouse 4 - 2 Bed - 1 Bath - 1 Car
Townhouse 5 - 2 Bed - 1 Bath - 1 Car
Townhouse 6 - 2 Bed - 1 Bath - 1 Car
Townhouse 7 - 3 Bed - 3 Bath - 2 Car

The scale of the site, combined with an endorsed seven-townhouse scheme, creates an opportunity to acquire a development with a clear direction from day one. For builders seeking their next project or developers looking to add a well-positioned residential development to their pipeline, this is an opportunity where the vision has already been established.

Highlights:

• Approximately 731 sqm landholding
• Endorsed town planning plans for seven townhouses
• Clearly defined residential development outcome
• Six 2-bedroom townhouses and one 3-bedroom townhouse
• Mix of 1 and 2 bathroom residences
• Ideal for builders and developers
• Planning groundwork already established
• Strong opportunity to add a substantial project to your development pipeline
• Convenient Reservoir location
• Excellent access to local amenities, transport and major road connections

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.

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Inspections

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School catchments

  • Reservoir East Primary School Primary Prep-6 Government 0.63km
  • Holy Name School Primary Prep-6 Catholic 1.1km
  • Preston North East Primary School Primary Prep-6 Government 1.1km
  • Our Lady of the Way School Primary Prep-6 Catholic 1.2km
  • Kingsbury Primary School Primary Prep-6 Government 1.2km

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.

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