CONTACT AGENT
1245 Mickleham Road, Greenvale VIC 3059
Rural
312
Block size: 44 m² approx.
Discovering the untapped potential at the center of Greenvale's vibrancy!
A prime piece of highly sought-after real estate has entered the market for the first time in over forty years! This expansive 110-acre property is surrounded by approved properties under the Precinct Structure Plan (PSP) and boasts a vast, perfectly flat landscape without any additional overlays.
The extension of Mickleham Road highlights the rapid population growth in Melbourne's northern suburbs. Originally targeted for development by major industry players, the owners have now decided to sell, offering attractive terms for settlement and deposit.
With the potential to accommodate over 700 residential lots (subject to council approval), ranging from 400 to 700 square meters each, this property has undergone comprehensive evaluations for inclusion within the Urban Growth Boundary (UGB) and has been a key focus of strategic expansion efforts. However, its progress was stalled pending the completion of the Craigieburn West PSP, and due to possibly sufficient land availability, it was not pursued further for PSP ratification. Surrounded by significant developments from renowned developers like PEET, Potter George, HB Land, JinDing, and Satterley Group.
Following the recent finalization of the Craigieburn West PSP in August 2022, along with a noticeable shortage of housing, this property presents an appealing opportunity at its current offering price. The site is considered one of the premier landholding and development opportunities in the northern suburbs.
Key Features:
Total Area of 44.59 hectares (Approx.)
Potential to yield 700 residential lots (subject to council approval)
No overlays and completely flat terrain
Corner Allotment with access from Dunhelen Lane
Positioned among other major developers
Approximately 280 meters of Mickleham Road frontage
Located in one of Melbourne's fastest-growing suburbs
Less than 30 kilometres from Melbourne CBD, only 10 minutes from Melbourne Airport, and other major employment centres
Median house price of $850,000 in Greenvale
Close proximity to essential infrastructure such as schools, community centres, and shopping facilities
Neighbouring the Council's GWZ holding block on 1275 Mickleham Road
Terms:
Consideration of medium to long-term settlement
Flexible deposit arrangements
Open to conditional and unconditional offers
The extension of Mickleham Road highlights the rapid population growth in Melbourne's northern suburbs. Originally targeted for development by major industry players, the owners have now decided to sell, offering attractive terms for settlement and deposit.
With the potential to accommodate over 700 residential lots (subject to council approval), ranging from 400 to 700 square meters each, this property has undergone comprehensive evaluations for inclusion within the Urban Growth Boundary (UGB) and has been a key focus of strategic expansion efforts. However, its progress was stalled pending the completion of the Craigieburn West PSP, and due to possibly sufficient land availability, it was not pursued further for PSP ratification. Surrounded by significant developments from renowned developers like PEET, Potter George, HB Land, JinDing, and Satterley Group.
Following the recent finalization of the Craigieburn West PSP in August 2022, along with a noticeable shortage of housing, this property presents an appealing opportunity at its current offering price. The site is considered one of the premier landholding and development opportunities in the northern suburbs.
Key Features:
Total Area of 44.59 hectares (Approx.)
Potential to yield 700 residential lots (subject to council approval)
No overlays and completely flat terrain
Corner Allotment with access from Dunhelen Lane
Positioned among other major developers
Approximately 280 meters of Mickleham Road frontage
Located in one of Melbourne's fastest-growing suburbs
Less than 30 kilometres from Melbourne CBD, only 10 minutes from Melbourne Airport, and other major employment centres
Median house price of $850,000 in Greenvale
Close proximity to essential infrastructure such as schools, community centres, and shopping facilities
Neighbouring the Council's GWZ holding block on 1275 Mickleham Road
Terms:
Consideration of medium to long-term settlement
Flexible deposit arrangements
Open to conditional and unconditional offers
Inspections
No open inspections scheduled.
Send an enquiry
Contact Garvit Mediratta to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
3
Bathrooms:
1
Garage Spaces:
2
Property type:
Rural
Block Size:
44 m²*
Other Details
Lot:
1
Plan:
LP133953
Legal description:
1\LP133953
Maps and area information
Block information
Block size: 44m² (approx)
Legal description: 1\LP133953
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Nearby sales
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We found 23 rural with 3 bedrooms that just sold near 1245 Mickleham Road Greenvale
Property history
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Statement of information
Section 47AF of the Estate Agents Act 1980
Download Statement of Information
Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.
Greenvale suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
37 years
Population
21,274
Listing ID: 182456342. This listing has been viewed 3 times. It was first displayed on 17/04/2024 and last updated on 17/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.