Back 561 Tarneit Rd
Off Market

561 Tarneit Rd

Hoppers Crossing VIC 3029

4080 m²
Land
Last sold for $2,650,000
Ash SharmaAsh Sharma, last sold this property on 13 May 2024 after 223 days on market.

Overview

"Prime Land, Ultimate Vision: Builder & Developer's Townhouse Dream Opportunity"

Presenting an unparalleled opportunity for development, this expansive 20-townhouse site awaits the discerning eye of a visionary developer or builder. Situated in a highly coveted location, this parcel of land offers the perfect canvas to realize a remarkable residential community that seamlessly blend contemporary living with convenience and luxury. Spanning an impressive expanse, this site provides ample room for the creation of a meticulously planned townhouse enclave. With its strategic placement in a sought-after area, future residents will enjoy seamless access to nearby amenities, schools, shopping centres, and parks, ensuring a lifestyle of both comfort and leisure. For developers with an eye for innovation, this site is a veritable playground of possibilities. Craft a collection of townhouses that redefine urban living, elevating it to new heights of style and functionality. With a market hungry for quality housing, this development presents a compelling investment prospect, promising both immediate and long-term returns. Architectural creativity finds no limits here. Envision modern aesthetics, efficient layouts, and state-of-the-art features, all contributing to the creation of a community that stands as a testament to superior design and craftsmanship. The location's accessibility via major transportation routes ensures an effortless commute for residents, while potential communal spaces, green areas, and recreational facilities promise a lifestyle that's as vibrant as it is sophisticated. Step into the future with this 20-townhouse development site and embark on a journey to shape the landscape of urban living. With its strategic location, expansive space, and limitless potential, this offering invites the discerning developer or builder to seize the opportunity to make a lasting mark on the city's skyline. Contact us today to explore the boundless horizons that await in this visionary venture. Please see the below link for an up-to-date copy of the Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.

Features

4080 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Hoppers Crossing over the last 12 months, the estimated median property value of 561 Tarneit Rd is $610k.

Median value
$610k
Estimated value range
$480k - $2.4m
Median days on market
75
Estimated value trend
15%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Hoppers Crossing. 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 561 Tarneit Rd

2024
Sold
$2,650,000
13 May 2024 by Ash Sharma, of APM Global
2024
Sold
$2,650,000
13 May 2024 by Ash Sharma, of APM
2021
Sold
$2,300,000
Private Sale/Treaty on 21 Jul 2021 by Saj Rahman, of Oxbridge Australia - QLD

Happy sellers in Hoppers Crossing

92%
92% of sellers in Hoppers Crossing reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 146 reviews in Hoppers Crossing over the last 12 months.

Local market activity for land plots in Hoppers Crossing

In the last 12 months, 12 land plots similar to 561 Tarneit Rd, have been sold.

This represents a 37% increase in land plots sales when compared to the previous 12 months.

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