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53 Jennings St

Kyneton VIC 3444

1012 m²
Land
Currently for sale - view listing

Overview

Approved Four-Townhouse Development In The Heart Of Kyneton

Calling all builders, developers and investors. An exceptional development opportunity awaits in one of Kyneton's most desirable pockets, offering a substantial allotment with council-approved plans for four architecturally designed townhouses. With the planning process already undertaken, this outstanding offering presents an opportunity to capitalise on an established development concept in a thriving regional market. Occupying approximately 1,012sqm with an impressive 20m (approx.) frontage, the property offers the scale and configuration to accommodate a boutique multi-dwelling development. Complete with approved plans for four contemporary townhouses, much of the preliminary planning groundwork has already been completed, providing prospective purchasers with a significant head start towards bringing the project to life. For developers seeking their next project, the appeal lies in the combination of approved plans, substantial landholding and a highly sought-after location. The proposed four-townhouse development presents the potential to deliver a collection of contemporary residences within an established township where lifestyle, convenience and regional connectivity continue to underpin buyer appeal. Beyond the approved development, the allotment also offers flexibility for those considering alternative development concepts (STCA) or a longer-term landholding strategy. With its generous proportions and established residential surroundings, the property provides a compelling foundation for those looking to secure a substantial site within the Macedon Ranges. Location further strengthens the development appeal, with Kyneton's vibrant town centre just a 10-minute walk away. The renowned Piper Street precinct, boutique shopping, celebrated cafés, restaurants and everyday amenities are all within easy reach, creating an attractive lifestyle proposition for future residents. Nearby schools, recreational facilities and the picturesque Campaspe River walking trails further enhance the area's residential appeal. Excellent transport connections add another dimension to this offering, with Kyneton V/Line Station approximately five minutes away, providing direct rail services to Melbourne and Bendigo. The Calder Freeway is also accessible within approximately ten minutes, supporting convenient travel throughout the region and towards metropolitan Melbourne. With four townhouses already approved, a substantial allotment and an established township location, this is an outstanding opportunity for builders and developers seeking to secure their next project in the heart of Kyneton. Please note we require photo ID when attending opens In preparing this information, Ray White Sunbury has used our best endeavours to ensure that the statements contained herein are true and accurate. All information (including but not limited to the property area, floor size, price, address and general property description) has been provided to Ray White Sunbury by third parties. As such, Ray White Sunbury makes no statement, representation, or warranty and assumes no legal liability in relation to the accuracy, context or suitability for any purpose of the information provided in advertising the property. Prospective purchasers should conduct their own due diligence and inquiries to verify the information independently. We encourage buyers to make their own enquiries and refer you to the due diligence checklist provided by Consumer Affairs for further information http://www.consumer.vic.gov.au/duediligencechecklist

Features

1012 m² lot size
Land

Property history for 53 Jennings St

2024
Sold
$565,000
Private Sale/Treaty on 31 Oct 2024 by Rhys Nuttall, of Bound Real Estate
2024
Sold
Undisclosed
Auction Sale on 16 Feb 2024 by Tricia Crofts, of Jellis Craig Macedon Ranges
2018
Sold
$402,500
Private Sale/Treaty on 30 Jan 2018 by Kirsty Murray, of Ray White Kyneton

Happy sellers in Kyneton

<50%
Less than 50% of sellers in Kyneton reported that their sale price either exceeded or met their price expectations.

Kyneton stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Kyneton over the last 12 months.

Local market activity for land plots in Kyneton

In the last 12 months, 12 land plots similar to 53 Jennings St, have been sold.

This represents a 8% increase in land plots sales when compared to the previous 12 months.

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