Positioned in one of Melton South's fastest-growing and most strategically located pockets, this outstanding property presents an exceptional opportunity for investors, land bankers, and future developers looking to secure a foothold within the thriving western growth corridor.
Set on a substantial allotment of approximately 583m² within the sought-after Residential Growth Zone Schedule 1 (RGZ1), this property offers immediate rental return combined with exciting long-term potential (STCA).
Conveniently located within walking distance to Melton South Train Station, local shopping precincts, primary and secondary schools, parklands, and everyday amenities, the location continues to attract strong tenant demand and ongoing infrastructure-driven growth.
The home itself offers a practical and functional floorplan comprising:
Three generously sized bedrooms, all fitted with built-in robes
Central family bathroom
Spacious formal lounge area
Open-plan kitchen with ample bench space and storage
Adjoining meals and family area
Adding further appeal, the kitchen has been freshly renovated shortly before the current tenancy commenced, giving investors confidence in one of the home's most important value-add components while enhancing tenant appeal.
Stepping outside, the property continues to impress with a huge undercover pergola and decking entertainment area, creating the perfect space for entertaining family and friends all year round. Completing the package is a massive double car garage ideal for securely storing vehicles, tools, trailers, or weekend toys, while the long side driveway provides excellent off-street parking and easy access through to the rear of the property.
Currently leased at $430 per week on a month-to-month tenancy, the property provides immediate holding income while still allowing flexibility for future plans.
With Melton South continuing to experience significant population growth, infrastructure investment, transport demand, and increasing buyer activity, opportunities like this within RGZ1 are becoming increasingly difficult to secure.
Whether you are looking to:
• Expand your investment portfolio
• Land bank in a high-growth corridor
• Explore future development potential (STCA)
• Secure a strong rental property in a proven growth location
18 McDonald Street is a smart acquisition with both present-day income and future upside. Call Dimi today on 0406 631 757 for further information.
Photo ID Required for All Property Inspections
Image Disclaimer: Some images have been digitally enhanced for marketing presentation purposes, including brightness, colour correction, exposure adjustment and virtual de-cluttering. No intentional changes have been made to the property's layout, room dimensions, permanent fixtures, structural features or key property characteristics. Images are a guide only and buyers should rely on their own inspection, enquiries, measurements and independent due diligence before making any purchasing decision.
Please refer to the link below for the most recent Due Diligence Checklist:
https://bit.ly/RWDue_Diligence
Please refer to the link below for Ray White's Collection Notice:
https://bit.ly/RW_PrivacyNotice
DISCLAIMER: All dimensions are approximate. The details provided are for general information purposes only and do not constitute any representation by the vendor or real estate agent. This document has been prepared solely for marketing purposes. While every effort has been made to ensure the accuracy of the information, we do not accept responsibility for any errors. Prospective buyers should conduct their own inquiries to verify the information provided.
