WANTIRNA SOUTH
$1,699,000
Arbroath Road, Wantirna South, Melbourne, City of Knox, Victoria, 3152, Australia
Overview
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Property ID :
Z-DP8
Description
Approved Development Opportunity: 3 Individual-Title Townhouses in Wantirna
Act now to secure this rare permitted development in Wantirna (VIC 3152), offering three individually titled townhouses on a single parcel. The existing home remains on-site, providing immediate rental income or flexibility for phased development—ideal for investors, builders, or developers seeking a low-risk, high-yield project.
Key Features
- Approved Plans: Council-approved designs for three modern townhouses, each with separate titles (no strata fees, full ownership control).
- Existing Home: Retain or remove the current dwelling to unlock the full development potential.
- Prime Location:
- Schools: Minutes from Wantirna College, St Kevin’s Primary, and Aquinas College.
- Amenities: Walk to Westfield Knox, Studfield Shopping Centre, and public transport.
- Growth Area: Wantirna’s median house price ($1.2M+ for houses, $507k+ for units)reflects strong demand for modern, family-friendly housing.
Why Wantirna?
- Infrastructure: Proximity to EastLink, buses, and Knox Hospital ensures long-term tenant/buyer appeal.
- Flexible Options: Build all three townhouses immediately or retain the existing home while securing future development rights.
Contact us today and secure this development site before Wantirna’s market surges further.
