FOR SALE
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1245 Mickleham Road
Greenvale VIC 3059

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 445900m2
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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.
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. 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
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Property Details for 1245 Mickleham Rd, Greenvale

1245 Mickleham Rd, Greenvale is a 3 bedroom, 1 bathroom Other with 2 parking spaces. The property has a land size of 445900m2. The place is currently for sale with Ray White Wollert.

Building Type
Other
Land Size
445900m2

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About Greenvale 3059

The size of Greenvale is approximately 30.5 square kilometres. It has 25 parks covering nearly 36.2% of total area. The population of Greenvale in 2011 was 11,968 people. By 2016 the population was 15,471 showing a population growth of 29.3% in the area during that time. The predominant age group in Greenvale is 20-29 years. Households in Greenvale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Greenvale work in a clerical occupation. In 2011, 91.8% of the homes in Greenvale were owner-occupied compared with 88.8% in 2016.

Greenvale has 10,364 properties.

    There are currently 73 properties listed for sale, and 9 properties listed for rent in Greenvale on OnTheHouse. According to CoreLogic's data, 420 properties were sold in the past 12 months in Greenvale.

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    Mike Assaad
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    Ray White Wollert
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