The Phone Code for this property is: 26520. Please quote this number when phoning or texting.
SUPERIOR PROPERTY OPPOSITE MELTON TRAIN STATION - RARE RGZ1 DEVELOPMENT OPPORTUNITY!
An unparalleled location in Melton. It is the perfect size for a family home, whether you are an investor or seeking a family residence. This is a fantastic opportunity not to be missed. It was bought in 2017 and renovated 3 good size bedrooms, bathroom with bath and shower, toilet, inverter air conditioner, verandah and a storeroom, great for family gathering.
POSITION, ACCESSIBILITY & APPEAL
Easy transport and access: located opposite Melton Train Station, providing direct train services to Melbourne CBD and Ballarat. Multiple bus routes to Woodgrove Shopping Centre, regional connections, and easy access to the Western Freeway for travel to Melbourne CBD and the airport.
Retail and services within a few minutes' walk: close to train and bus stops, childcare, primary and high schools, recreation centre, COLES, restaurants, and shops.
Near world-class healthcare: Melton Hospital, set to open in 2029.
RGZ1 Zoning: Residential Growth Zone 1 supports medium-to-high density development with increased height and density flexibility.
Approved Plans: Previous approval for 4 townhouses offers a streamlined planning process, allowing potential buyers to reapply subject to council approval.
Efficient Development Footprint: The 766m² block of flat, regularly shaped land with approximately 15m width and no easement is ideal for multiple units or various businesses such as a medical centre, NDIS, physiotherapy, or childcare centre.
Existing Home for Holding Income: An existing solid, well-maintained dwelling on-site provides immediate rental returns or temporary accommodation during the planning phase.
The current removal of the level crossing at Melton station will enhance the transport system, making it smoother and safer, thereby attracting more residents and developers.
MELTON: A BOOMING GROWTH AREA
Rapid population growth projections exceeding 250,000, driving sustained housing demand.
State-backed Major Growth Area status expedites planning processes and attracts significant investment.
Melton Hospital development in progress, set to become a major employment and services hub, increasing local demand.
Future CBD-scale precinct planned to introduce new retail, office, and leisure facilities within the municipality.
Major transport and road upgrades scheduled to improve access and reduce commute times.
Billions in infrastructure spending unlocking new development corridors and enhancing long-term capital gains.
Inspection by appointment with photo ID is required.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
