An outstanding development opportunity in the heart of Mooroolbark, this substantial 864sqm (approx.) site comes with an approved planning permit for five contemporary townhouses, allowing developers and investors to commence their project without the delays and uncertainty of the planning process.
Positioned in a highly convenient location, the property is just a short 7-minute walk to Mooroolbark Train Station and Mooroolbark Shopping Centre, offering easy access to public transport, retail, dining and everyday amenities. Chirnside Park Shopping Centre is only minutes away, while Maroondah Highway provides seamless connectivity to surrounding suburbs and Melbourne's eastern corridor.
Surrounded by quality schools, parklands and established community facilities, this location continues to attract strong interest from both owner-occupiers and investors. The gateway to the renowned Yarra Valley wine region is also just a 10-minute drive away, enhancing the area's lifestyle appeal.
Mooroolbark has experienced consistent growth in recent years, driven by its excellent transport infrastructure, family-friendly environment and ongoing demand for quality housing. Opportunities to secure a permit-approved development site in such a sought-after location are increasingly rare.
Whether you are an experienced developer seeking your next project or an investor looking to capitalise on the area's future growth, this ready-to-go development opportunity offers exceptional potential and immediate value.
