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Back 586 Riversdale Road
Off Market

586 Riversdale Road

Camberwell VIC 3124

701 m²
Land
Nick O'HalloranNick O'Halloran, last sold this property on 26 November 2025 after 132 days on market.

Overview

Vacant development site on Junction doorstep, HCTZ1

Recently rezoned Housing Choice & Transport Zone 1 (HCTZ1) just 500m from Camberwell Junction, this 701sqm (approx.) parcel of vacant land now offers a rare opportunity to secure a premium development site in one of Melbourne's most iconic urban lifestyle precincts. With a broad 17.1m frontage and flexible zoning that supports commercial, retail, mixed-use, medical premises or single residential home/multiple housing units (STCA), the property sits in one of the Victorian Government's newly Designated Activity Centres, a highly connected urban setting already home to vibrant retail and dining, transport and a diverse range of medical, health and community services. Whether the vision is for a boutique mixed-use project, a modern medical facility, professional offices, a hospitality-driven commercial concept or single residential home/multiple housing units, this prized parcel delivers the strategic positioning, street exposure and lifestyle amenity that underpins lasting value. The rezoning has increased building heights to 13.5m and increased the number of stories to 4 plus basement. Enjoy unrivalled convenience with CBD trams at the door, Burke Road shopping, Camberwell Market, the Rivoli Cinema and trains within a short stroll, and many of the nation's most revered private schools all nearby. The Junction's café and dining scene, nearby parks, and easy access to major arterial links further amplify this site's appeal for developers, professionals and investors alike.

Features

701 m² lot size
Land

Estimated Value

We need at least 3 similar land plots sold in Camberwell over the last 12 months.

Property history for 586 Riversdale Road

2025
Sold
Undisclosed
Private Sale/Treaty on 26 Nov 2025 by Nick O'Halloran, of Jellis Craig - Glen Iris

Happy sellers in Camberwell

71%
71% of sellers in Camberwell reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 64 reviews in Camberwell over the last 12 months.

Local market activity for land plots in Camberwell

In the last 12 months, 1 land similar to 586 Riversdale Road, have been sold.

This represents a 100% decrease in land plots sales when compared to the previous 12 months.

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