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60 Kenning Rd

Tarneit VIC 3029

40553 m²
Land
Currently for sale - view listing

Overview

Rare Tarneit Acreage with DA Lodged Prime Future Development Opportunity

The phone enquiry code for this property is - 2398 A rare and tightly held landholding in the rapidly growing Tarneit corridor, 60 Kenning Road presents an exceptional opportunity for developers, investors and land-bankers seeking scale, location and future upside. Set on generous acreage in a high-growth pocket, this property offers both immediate and long-term value. A DA lodged, making it an attractive option for those seeking a site already moving through the planning pipeline. The allotment also includes a well-maintained existing residence, allowing buyers to generate income or occupy the property. The land is predominantly flat, usable and strategically positioned close to key infrastructure, amenities and major arterials. Surrounded by ongoing residential growth and established communities, this parcel stands as one of the most promising future development opportunities in the region located not just in Tarneit's growth corridor, but directly adjacent to the upcoming 'The Sheds Tarneit' town centre which is approved and destined to deliver Coles Supermarket, McDonald's, retail shops, services, fast food, medical facilities and more, dramatically enhancing the appeal and value of surrounding properties. At 60 Kenning Rd, you benefit from: Key Features: A large parcel of usable acreage subdivision, medium-density housing, land-banking or mixed-use redevelopment DA already lodged minimising lead time for serious developers. Superlot - to be converted into approximately 22 townhouse lots (subject to council approval) Significant reimbursement potential from authoritiesestimated at around $3mil for parkland and retarding basin contributions (subject to approval) An existing dwelling useful for immediate income or owner occupation while planning proceeds. Direct adjacency to The Sheds Tarneit offering convenient access to shopping, amenities and future community infrastructure. Strategic location in a rapidly growing precinct: excellent for medium-to-long-term investment or redevelopment. Given the scale of growth planned for the area new retail, services and residential development this landholding stands among Tarneit's most promising.

Features

40553 m² lot size
Land

Property history for 60 Kenning Rd

2020
Sold
Undisclosed
18 May 2020 by David Elam, of Condie & Co Real Estate

Happy sellers in Tarneit

89%
89% of sellers in Tarneit reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 388 reviews in Tarneit over the last 12 months.

Local market activity for land plots in Tarneit

In the last 12 months, 187 land plots similar to 60 Kenning Rd, have been sold.

This represents a 26% increase in land plots sales when compared to the previous 12 months.

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