Representing the pinnacle of beachside development opportunities, this 645m² (approx.) blue-chip landholding offers a rare chance to secure a premier position in one of Melbourne’s most coveted coastal suburbs.
Offered with endorsed plans and permit for five architecturally designed luxury residences, this site provides a seamless, risk-mitigated pathway to immediate construction in a location defined by its scarcity and enduring value.
Each townhouse has been thoughtfully conceived to maximize light and space, featuring three expansive bedrooms, two sleek bathrooms, and the rare inclusion of dual underground basement parking with dedicated storage. The architectural vision culminates in private rooftop sanctuaries, offering spectacular panoramic vistas across an azure expanse of Port Phillip Bay.
Strategically positioned just steps from the pristine sands of Edithvale Beach, the site commands an enviable lifestyle – all within a short stroll of the lifesaving club, shops and cafes and the seamless connectivity of the newly redeveloped Edithvale Station.
As this high-demand pocket continues to experience robust capital growth, the project stands as a masterful balance of lifestyle allure and commercial viability.
This is a sophisticated proposition for the discerning developer looking to set a new benchmark in one of Melbourne’s most vibrant beachside communities - a landmark acquisition where luxury, practicality and profitability converge.
Disclaimer - At One Agency Peninsula, we make every effort to ensure the property information is accurate and reliable. However, we do not warrant its accuracy and disclaim all liability for any errors or omissions. We strongly recommend that all prospective buyers conduct their own due diligence and seek their own independent advice before making any property-related decisions
Features
crop_free645 m² lot size
cottageLand
Property history for 4 Bank Rd
2016
Sold
$3,100,000
20 Sep 2016 by Claude Makdesi, of OBrien Real Estate Chelsea & Seaford
Happy sellers in Edithvale
92%
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92% of sellers in Edithvale reported that their sale price either exceeded or met their price expectations.
Edithvale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 19 reviews in Edithvale over the last 12 months.
Local market activity for land plots in Edithvale
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