A truly rare opportunity to secure a premium development site with outstanding flexibility in one of the area's most sought-after locations. Whether you're a developer, investor, land banker or home buyer with an eye on the future, this is an offering that caters to a wide range of possibilities.
Welcome home to 6 Melissa Street.
Available individually or together with the adjoining property at No. 4, this unique opportunity presents the flexibility to purchase a single site, develop independently, or secure both properties to create an impressive combined landholding of approximately 1,367sqm.
Already benefiting from Development Approval for three dwellings on each site (six dwellings in total), much of the hard work has already been completed, allowing you to move forward with confidence.
** Development Approval and plans available **
For investors, the opportunity is even more compelling, with the property currently leased until November 2026 at $690 per week, providing an immediate holding income while plans are finalised or construction is scheduled.
Endless Development Options:
- Purchase individually and take advantage of the existing Development Approval for three dwellings.
- Secure both No. 4 and No. 6 to create an approved six-dwelling development across approximately 1,367sqm.
- Retain the existing home and enjoy a secure rental income while land banking for the future.
- Renovate and modernise the current residence into a spacious family home.
- Design and build your dream home on an oversized block in a tightly held location.
The existing residence offers comfortable accommodation with three generous bedrooms, spacious living areas, a functional kitchen, air conditioning and an undercover outdoor entertaining area, making it an ideal investment or holding property while future plans take shape.
Perfectly positioned within easy walking distance of local shopping, beautiful parklands and public transport, and just moments from Duncraig Senior High School, Duncraig Primary School and St Stephen's School, the location is every bit as appealing as the development potential.
Whether you're searching for your next boutique development, a blue-chip land banking opportunity with immediate rental income, or a generous family property with exciting future potential, opportunities of this calibre are exceptionally rare.
Property Highlights:
- Development Approval already in place for three dwellings.
- Opportunity to purchase adjoining No. 4 with approval for six dwellings across both sites.
- Combined landholding of approximately 1,367sqm when both properties are secured.
- Currently leased until November 2026 at $690 per week, providing immediate holding income.
- Outstanding flexibility to develop now, develop later, renovate or land bank.
- Premium location close to quality schools, shopping centres, parklands and public transport.
Contact Carl Casilli on 0403 009 814 or Luke Jessop on 0419 336 488 today to request a copy of the approved development plans or to arrange your private inspection.
DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied, neither the Agent nor the Seller guarantee their accuracy. The particulars of this advertisement are supplied for general information only and shall not be taken as representation in any respect on the part of the Seller or their Agent nor form part of any contract. Prospective clients should carry out their own independent due diligence to ensure the information provided is correct and meets their expectations.
