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Back 40 Olive Road
Off Market

40 Olive Road

Lynbrook VIC 3975

5
2
5
3688 m²
House
Vas SelvarajVas Selvaraj, last sold this property on 17 March 2026 after 13 days on market.

Overview

PRIME DEVELOPMENT OPPORTUNITY

Discover an unparalleled development opportunity at 40 Olive Road, Lynbrook, VIC. This expansive 3,688m² flat block offers a rare "blank canvas" for astute developers and investors. The property is currently a residential house featuring 5 bedrooms and 2 bathrooms to generate high rental returns and providing a solid foundation for future development. The allotment is strategically divided into multiple lots, offering flexibility and potential for various development options. With its generous dimensions and prime location, this property is ideal for creating a vibrant residential community or a bespoke development project. Located in a thriving area, the property is surrounded by essential amenities, including Lynbrook Village Shopping Centre and Lynbrook Hotel. The proximity to Hampton Park Shopping Centre, Hallam Train Station, and Westfield Fountain Gate enhances its appeal, providing convenience and connectivity. This is a unique opportunity to secure a substantial piece of real estate in a sought-after location. For more information, please contact our dedicated sales agents below. Features: - Large block in the heart of Lynbrook - Zone: General Residential Zone - Schedule 1 - Settlement terms: Flexible - Deposit: 5% to 20% Agent details: Vas Selvaraj, Email: vas@caseyestateagents.melbourne Kamal Bajwa, Email: kamal@caseyestateagents.melbourne Privacy: Your entry to this property provides consent to the collection and use of personal information for security purposes. It may also be used to provide you with further information about the property, other properties and services marketed by Casey Estate Agents. Please advise our consultant if you do not wish to receive further information. Our full privacy statement is available at our office or online at www.caseyestateagents.melbourne. This is an advertising brochure only. Casey Estate Agents has prepared this brochure to the instructions of the vendor in order to advertise the property. We have not verified the accuracy of the information contained within. You should not rely on this brochure as proof of the facts stated. You should independently verify the matters stated in this brochure before making your decision to purchase. Casey Estate Agents accepts no liability or responsibility for claims arising from a reliance of the information herewith.

Features

5 bedrooms
2 bathrooms
5 carspaces
3688 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Lynbrook over the last 12 months, the estimated median property value of 40 Olive Road is $1.09m.

Median value
$1.09m
Estimated value range
$875k - $1.23m
Median days on market
51
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lynbrook. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 40 Olive Road

2026
Sold
Undisclosed
Private Sale/Treaty on 17 Mar 2026 by Vas Selvaraj, of Casey Estate Agents

Happy sellers in Lynbrook

84%
84% of sellers in Lynbrook reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 25 reviews in Lynbrook over the last 12 months.

Local market activity for 5 bedroom houses in Lynbrook

In the last 12 months, 11 five-bedroom houses similar to 40 Olive Road, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Lynbrook

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Khaled Arabzadeh

Sellers who recommend Khaled Arabzadeh have praised them for being clear communication, local expert, honest, responsive, great negotiation, reliable and hard-working

  •   4.9   (494 reviews)
  •  5 Reviews in Lynbrook
  •  7 Sales in Lynbrook
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Sushant Gupta

Sushant Gupta is a recommended agent for Lynbrook.  They have 2 local sales and collected 3 local reviews across the last 12 months.

  •   5   (367 reviews)
  •  3 Reviews in Lynbrook
  •  2 Sales in Lynbrook
View profile
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Aren Aliu

Aren Aliu is a recommended agent for Lynbrook.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   4.9   (283 reviews)
  •  2 Reviews in Lynbrook
  •  2 Sales in Lynbrook
View profile
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Mark Simons

Sellers who recommend Mark Simons have praised them for being clear communication, local expert, responsive, honest, supportive, friendly and pleasant

  •   4.9   (339 reviews)
  •  2 Reviews in Lynbrook
  •  2 Sales in Lynbrook
View profile
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