22 Coromandel Cres S

Knoxfield VIC 3180

138 m²

978 m²

House

Currently for sale - view listing

Overview

978m2 Development Opportunity with 23.2m Frontage & Holding Income

Set on a substantial 978m2 allotment with an impressive 23.2-metre frontage and 42.2-metre depth, this is a landholding that offers genuine flexibility in one of Knoxfield's most tightly held pockets. The existing four-bedroom, two-bathroom brick residence includes a double garage plus a separate two-car workshop and is currently returning approximately $750 per week on a month-to-month tenancy, providing valuable holding income while future plans are explored. The opportunity lies in the land. The site's generous dimensions and near-rectangular configuration suit a luxury family residence, two premium side-by-side townhouses or a multi-dwelling development, all subject to council approval. Importantly, no planning overlays apply, reducing many of the constraints commonly associated with development sites, while successful multi-dwelling projects within the street provide proven local precedent. Positioned within the City of Knox, the property is only minutes from Westfield Knox, EastLink, quality schools, parklands and everyday amenities, making it an attractive proposition for both owner-occupiers and developers seeking strong long-term demand. Large landholdings of this size, frontage and flexibility are becoming increasingly difficult to secure in Knoxfield. Offered by Set Date - All Offers Closing Friday 7 August 2026 at 12:00 Noon. For further information or to arrange an inspection, contact Jason Bertram, Ray White Judd White Group on 0422 316 927. Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.