Land size: 2324 m2
$2,300,000 - $2,400,000
A truly exceptional and incredibly rare opportunity to secure two side-by-side properties in one of Croydon's most tightly held pockets, offering a combined landholding of approximately 2,324sqm (1,204sqm + 1,120sqm).
Opportunities of this scale are seldom seen and may represent the last chance to secure a combined development site of this size in this highly sought-after location.
With the potential for multiple luxury townhouses or residential homes (STCA), the site is ideally positioned in an area that has demonstrated consistent demand and strong sale prices for quality townhouse developments, often achieving higher prices than many central Croydon projects due to its premium schooling access and lifestyle location.
Both properties currently include comfortable homes with ducted heating and split system cooling, with gas cooking in one home and electric cooking in the other, providing the opportunity to generate rental income while plans and permits are prepared, helping to offset holding costs during the planning phase.
Positioned in a quiet yet exceptionally convenient location, the homes are only moments from McAdam Square cafรฉs and shops, while enjoying direct access to the beautiful Mullum Mullum Creek Trail, ideal for walking, running or cycling along one of Melbourne's most scenic parkland corridors.
The location adds even more appeal, with McAdam Square shopping precinct and the Mullum Mullum Creek Trail within walking distance, bus services along Maroondah Highway connecting to Croydon Train Station, and respected schools including Luther College and Mount Lilydale Mercy College close by. Chirnside Park Shopping Centre and Eastland are just minutes away, while nearby Warrandyte, the Yarra River and easy access to the Yarra Valley wine region further enhance the lifestyle on offer.
The large backyards previously hosted vegetable gardens and chickens, and have long been enjoyed as fantastic outdoor entertaining spaces highlighting the generous land proportions that make this site so appealing for future development.
With 2,324sqm (approx.) across two titles, strong local townhouse sale history, premium schooling nearby and outstanding lifestyle connectivity, this is a significant development opportunity in a location where land of this scale is almost impossible to find.
Secure one or secure both and unlock the full potential of this rare offering.
Disclaimer:
Noel Jones has taken every precaution to establish the accuracy of the information provided. Some images may have been digitally enhanced or virtually staged for presentation purposes. This material does not constitute any representation by the vendor or real estate agent as to the property's current condition or features. You should rely on your own inspection and enquiries to satisfy yourself of the condition and characteristics of the property.
Features
Land size: 2324 m2
Floorplans and Virtual Tours
Statement of Information
Every precaution has been taken to establish the accuracy of the information provided. Some images may have been digitally enhanced or virtually staged for presentation purposes. This material does not constitute any representation by the vendor or real estate agent as to the propertyโs current condition or features. You should rely on your own inspection and enquiries to satisfy yourself of the condition and characteristics of the property.