SoldNov 26, 2025

586 Riversdale Road, Camberwell, VIC, 3124

Amount undisclosed

701 m²

Land

30+ days on the market

Sold: Nov 26, 2025

What's around 586 Riversdale Road

Vacant development site on Junction doorstep, HCTZ1

Recently rezoned Housing Choice & Transport Zone 1 (HCTZ1) just 500m from Camberwell Junction, this 701sqm (approx.) parcel of vacant land now offers a rare opportunity to secure a premium development site in one of Melbourne's most iconic urban lifestyle precincts. With a broad 17.1m frontage and flexible zoning that supports commercial, retail, mixed-use, medical premises or single residential home/multiple housing units (STCA), the property sits in one of the Victorian Government's newly Designated Activity Centres, a highly connected urban setting already home to vibrant retail and dining, transport and a diverse range of medical, health and community services. Whether the vision is for a boutique mixed-use project, a modern medical facility, professional offices, a hospitality-driven commercial concept or single residential home/multiple housing units, this prized parcel delivers the strategic positioning, street exposure and lifestyle amenity that underpins lasting value. The rezoning has increased building heights to 13.5m and increased the number of stories to 4 plus basement. Enjoy unrivalled convenience with CBD trams at the door, Burke Road shopping, Camberwell Market, the Rivoli Cinema and trains within a short stroll, and many of the nation's most revered private schools all nearby. The Junction's café and dining scene, nearby parks, and easy access to major arterial links further amplify this site's appeal for developers, professionals and investors alike.

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