An outstanding opportunity awaits at 67 Norma Crescent, Knoxfield – a substantial 1,095m² (approx.) development site with Town Planning Permit already approved for three stand-alone luxury homes.
With the hard work already completed, this is a genuine ready-to-build project ideal for developers, builders and investors looking to save years of planning delays and approval costs.
The approved plans allow for three spacious double-storey residences, each designed for the family owner-occupier market and offering their own title, private land and no body corporate. Each home features 4 bedrooms, 3 to 3.5 bathrooms, double garages, large open-plan living areas, private gardens and modern family-friendly layouts, with selected homes also including a home office.
Proposed dwelling sizes include:
- Home 1 – Approx. 208.7m² building area on 385m² land
- Home 2 – Approx. 188.8m² building area on 264m² land
- Home 3 – Approx. 191.3m² building area on 287m² land
Extensive documentation has already been completed, including endorsed architectural plans, engineering drawings, geotechnical soil testing, drainage plans, arborist report, landscaping plans, sustainable design assessment and South East Water approvals.
Adding further value, the existing home currently returns approximately $2,672 per month and is leased on a month-to-month basis, providing holding income while you prepare for construction.
Positioned in a highly sought-after location close to Westfield Knox, EastLink, Stud Road, Burwood Highway, local parks, walking trails, St Andrews College and Swinburne University Wantirna Campus, this is a rare opportunity to secure a fully approved project in a high-demand family area.
The owners have clear instructions to achieve a sale and are inviting genuine offers. Development opportunities of this calibre are rarely available – act quickly and make your offer today.
Disclaimer: All sizes, construction costs and resale figures are approximate projections only. Buyers must conduct their own due diligence and not rely solely on the information provided. The agent takes no responsibility for accuracy or future outcomes.
