FOR SALE
Expressions of Interest

2 Guru Boulevard
Lynbrook VIC 3975

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Land area: 8676m2
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Exclusive Residential Development Opportunity – 8676 m2

First National Real Estate Neilson Partners is pleased to present (Lot 2) 2 GURU BOULEVARD, LYNBROOK for sale via
Expressions of Interest closing on Wednesday 15th May at 2:00 pm
Available to an astute developer or investor is this Lynbrook residential development land with subdivision potential of around 36 townhouses STCA offering a great investment opportunity. The site is perfect for a variety of uses and with a current blank canvas, you can design to your requirements (S.T.C.A.).
Over the last decade, Lynbrook has forged an enviable reputation as a desirable destination for both families and professionals. Lynbrook’s interface with urban Melbourne has undergone significant changes, transforming from a rural town to a completed development precinct featuring excellent access and amenities.
The site is located approximately 36 minutes from Melbourne’s CBD and is easily accessed by the Monash Freeway, South Gippsland Highway, and the Princes Freeway. These major arterials provide excellent access to Melbourne, Cranbourne, Dandenong, Hastings, and the Mornington Peninsula.
Situated on the south side of the South Gippsland Highway and is within proximity to Lynbrook Town Centre, Merinda Park & Lynbrook Railway Station, Lyndhurst & Cranbourne Town Centre, and the significant employment regions of Dandenong and Hallam.
Don't miss this chance to secure this promising piece of land in a rapidly growing area. Contact us today to discuss the possibilities and unlock the potential.
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Property Details for 2 Guru Bvd, Lynbrook

Building Type
Land
Land Size
8676m2

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About Lynbrook 3975

The size of Lynbrook is approximately 4.1 square kilometres. It has 19 parks covering nearly 13% of total area. The population of Lynbrook in 2011 was 6,771 people. By 2016 the population was 8,531 showing a population growth of 26.0% in the area during that time. The predominant age group in Lynbrook is 0-9 years. Households in Lynbrook are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lynbrook work in a professional occupation. In 2011, 84.3% of the homes in Lynbrook were owner-occupied compared with 80.5% in 2016.

Lynbrook has 3,193 properties. Over the last 5 years, Houses in Lynbrook have seen a 36.62% increase in median value, while Units have seen a 21.60% increase. As at 31 October 2024:

  • The median value for Houses in Lynbrook is $919,407 while the median value for Units is $619,137.
  • Houses have a median rent of $630 while Units have a median rent of $550.
There are currently 18 properties listed for sale, and 9 properties listed for rent in Lynbrook on OnTheHouse. According to CoreLogic's data, 113 properties were sold in the past 12 months in Lynbrook.

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Sachin Arora
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First National Real Estate Neilson Partners - BERWICK
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