Positioned on a substantial 1668sqm (approx.) two title allotment in the heart of Red Hill, this elevated holding presents a rare and compelling opportunity for builders, developers or astute investors seeking scale, flexibility, and a premium village-adjacent location.
The site currently accommodates a three-bedroom, one-bathroom timber residence with treetop outlooks, providing holding income or a base while plans are considered. Of note is the land's potential to be redeveloped as two separate properties (STCA), making this an attractive proposition in a tightly held and consistently high-demand market.
Enjoying a highly walkable position moments from Red Hill village, cafes, restaurants, and local services, and surrounded by celebrated wineries and cellar doors, the property also benefits from proximity to the walking and riding trail, further enhancing future buyer appeal.
With strong demand for new homes and boutique developments in the Red Hill hinterland, this is an exceptional opportunity to capitalise on land size, location, and redevelopment potential all just approximately one hour from Melbourne.
