Positioned in the thriving northern corridor of Wallan, 18 Speargrass Avenue presents an exceptional, ready-made development opportunity in one of the region's most in-demand residential pockets. Set on a substantial 874sqm (approx.) allotment with a wide 21-metre frontage and an impressive depth of 41.8 metres, the site offers outstanding scope and street presence-ideal for a boutique multi-dwelling project.
Comprehensive plans and permits have already been secured for the construction of three architecturally designed townhouses, each approximately 24 squares in size. The thoughtfully planned residences showcase generous floorplans, contemporary styling, and functional layouts tailored to modern living. With all essential documentation prepared-including approved drawings and geotechnical reports-developers can commence construction immediately, avoiding lengthy approval delays and significantly reducing holding costs.
Surrounded by quality schools, shopping facilities, parklands, and convenient public transport options, the location ensures enduring appeal for owner-occupiers and tenants alike. Situated within Melbourne's rapidly expanding outer growth corridor, this is a strategic acquisition for investors and builders seeking strong future returns. With a negotiable price and genuine offers invited, this is a rare opportunity to secure a turnkey development site in a high-growth setting.
Disclaimer: I acknowledge that this advertisement provides information as a guide only. Zed Real Estate does not verify the data and makes no claims regarding its accuracy. Buyers are to perform their own due diligence. Images and floor plans are to scale and created based on the photographer's best knowledge.
