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16-26 Manzeene Avenue

Lara VIC 3212

3
1
3
6360 m²
House
Currently for sale - view listing

Overview

PRIME RESIDENTIAL DEVELOPMENT OPPORTUNITY - 6,364M² CORNER ALLOTMENT IN THE HEART OF MANZEENE ESTATE

Rarely does an opportunity of this scale and potential become available in one of Lara's most sought-after residential locations. Positioned at the prominent entrance to the ever-popular Manzeene Estate, this exceptional 6,364m² (approx.) allotment presents one of the last remaining large-scale residential development sites within an already established community. Zoned Residential 1, this impressive corner holding boasts approximately 100 metres of frontage to the main road, a substantial 64-metre frontage to the side street, additional access from the end of the court with a broad rear boundary, providing outstanding flexibility for a range of future development outcomes (STCA). The extensive street frontage and multiple access points create the ideal foundation for a thoughtfully designed residential subdivision or other development opportunities, subject to the relevant approvals. Surrounded by quality established homes and positioned within a thriving residential neighbourhood, this premium site offers the chance to create an outstanding development that complements the existing estate while delivering an excellent yield of quality residential allotments. Adding immediate value is the existing three-bedroom home along with shedding, providing holding income or accommodation while future plans are prepared. Whether you're an experienced developer, investor or land banker, this is a landmark opportunity to secure one of the final significant development parcels in a premium growth location. Opportunities of this size, position and flexibility are becoming increasingly rare. Additional Features: • Prime 6,364m² (approx.) corner allotment • Zoned Residential 1 • Approximately 100m frontage to the main road • Approximately 64m frontage to the side street • Additional access from the end of the court • Wide rear boundary providing excellent design flexibility • Surrounded by quality established residential homes • One of the last remaining large development sites within the Manzeene Estate precinct • Excellent potential for a variety of residential development options (STCA) • Opportunity to achieve an outstanding residential lot yield • Existing three-bedroom home included • Shedding already on site • Outstanding land banking or immediate development opportunity • Conveniently located close to schools, shopping, public transport, parks and easy freeway access All stated dimensions and areas are approximate. Particulars herein are for information only and do not constitute representation by the Owner or Agent

Features

3 bedrooms
1 bathroom
3 carspaces
3 garage spaces
6360 m² lot size
House

Happy sellers in Lara

83%
83% of sellers in Lara reported that their sale price either exceeded or met their price expectations.

Lara stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 43 reviews in Lara over the last 12 months.

Local market activity for 3 bedroom houses in Lara

In the last 12 months, 175 three-bedroom houses similar to 16-26 Manzeene Avenue, have been sold.

This represents a 18% decrease in three-bedroom houses sales when compared to the previous 12 months.

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