25 Fellowes St, Seaford, VIC, 3198

For Sale

25 Fellowes St, Seaford, VIC, 3198

$3,100,000 - $3,300,000

2398 m²

House

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View agent price guide

What's around 25 Fellowes St

A Perfect Development in an Opportunistic Location

Presenting an exceptional turn key opportunity for developers and investors: a premium 2,398m2 development site with GRZ1 zoning offering an approved, ready-to-build multi-townhouse project. The Project Capitalize on fully approved plans to construct nine two-storey townhouses. The versatile product mix ensures broad market appeal, featuring 8 spacious 4-bedroom homes and 1 two bedroom dwelling. With the planning stages complete, this site is primed and ready for the next phase. The Location & Market Seaford boasts a proven track record of successful townhouse developments, underpinned by consistently low vacancy rates, healthy rental yields and strong ongoing buyer interest. The site offers an ideal bayside lifestyle, positioned just a 7-minute drive from pristine Seaford Beach and 9 minutes from the retail hub of Bayside Shopping Centre. Transport connectivity is seamless, with Seaford Station merely 6 minutes away and close proximity to the Eastlink network ensuring an effortless commute. Key Features Premium Allotment: Two Titles of 1,535m2 & 863m2; of highly sought-after GRZ1 zoned land. Turnkey Potential: Approved plans for 9 two-storey residences, ideal for developers seeking a ready-to-build project. Proven Demand: Capitalize on the current strong market appetite for townhouses in the area. Investment Security: Seaford yields healthy rental returns and maintains low vacancy rates. Lifestyle Connectivity: Close proximity to local schools, shops, parklands and freeway access. Blue-Chip Acquisition: A rare, high-potential opportunity in a rapidly growing bayside corridor.