Positioned in the heart of Ardeer, this high exposure 542m² (approx.) corner allotment offers a rare opportunity to secure a flexible development site within the highly sought-after Commercial 1 Zone.
Ideal for developers, investors, and land bankers, this property presents multiple avenues to add value and capitalise on its prime positioning.
Key Features:
*Prominent corner location with excellent exposure
*Substantial land size: 542m² (approx.)
*Commercial 1 Zoning – broad range of permitted uses (STCA)
*Existing retail shop + 2-bedroom residence
*Exceptional redevelopment potential
The Opportunity:
*Renovate the shop and residence to create dual income streams
*Occupy and improve while land banking for future growth
*Lease out and generate holding income
*Fully redevelop into a mixed-use project (STCA) including retail, office, hospitality, or residential
Property Condition:
*Retail Shop: Extensively fire-damaged; requires structural assessment to determine restoration or demolition
*Residence: Not fire-affected, however in poor condition and requiring full renovation or potential rebuild (STCA)
*Location Highlights – Ardeer 3022
*Under 14km to Melbourne CBD
*Under 20 minutes via Ardeer railway station
*Easy access to local bus services & Western Ring Road
*Close to Sunshine Hospital
*Two primary schools within walking distance
*Nearby kindergarten & childcare facilities
*Moments to Costco Ardeer
*Approx. 20 minutes to Melbourne Airport
*Quality secondary schools nearby
*Surrounded by parklands, nature reserves & green open spaces
This is a rare chance to secure a versatile site in a growing location with strong upside and flexible future use.
Sold As Is. Unlock the potential – opportunities like this are rarely offered.
DOUGLAS KAY
280 HAMPSHIRE ROAD
SUNSHINE VIC 3020