FOR SALE
$2,350,000 - $2,550,000

226-228 Mckinnon Road
Mckinnon VIC 3204

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 368m2
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Exceptional Corner Site in McKinnon High School Zone

We are excited to present an exceptional opportunity to acquire a prime corner site of 368sqm within the highly sought-after McKinnon High School Zone. This prime development site benefits from ideal and flexible Commercial 1 zoning and features extensive retail frontage to McKinnon Road with additional rear lane access. The development concept includes 5 boutique high end townhouses, each with their own lift plus retail/café and office space (STCA). Quality existing improvements comprise a two-level office building of 376sqm with on-site car parking.
Situated in a booming apartment/townhouse location, this property attracts significant value within the Zone. It offers a fantastic opportunity in one of Melbourne's most highly sought-after locations. The property is just a short walk to the bustling McKinnon Road Retail Strip and McKinnon Train Station. It also provides easy access to the Centre Road retail strip, which includes Coles & Woolworths supermarkets, major banks, and specialty retailers.
This is a rare opportunity to acquire a high-profile corner site, especially considering the ideal Commercial 1 zoning, the surrounding amenities, and the flexible development scheme in place.
For further information or a copy of the concept plans, please contact us.
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Property Details for 226-228 Mckinnon Rd, Mckinnon

226-228 Mckinnon Rd, Mckinnon is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 368m2. The place is currently for sale with OBrien Real Estate - Blackburn.

Building Type
House
Land Size
368m2

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About Mckinnon 3204

The size of Mckinnon is approximately 1.6 square kilometres. It has 4 parks covering nearly 5.9% of total area. The population of Mckinnon in 2011 was 5,554 people. By 2016 the population was 6,068 showing a population growth of 9.3% in the area during that time. The predominant age group in Mckinnon is 40-49 years. Households in Mckinnon are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Mckinnon work in a professional occupation. In 2011, 73.4% of the homes in Mckinnon were owner-occupied compared with 68.4% in 2016.

Mckinnon has 3,179 properties. Over the last 5 years, Houses in Mckinnon have seen a 8.36% increase in median value, while Units have seen a 0.86% increase. As at 30 November 2024:

  • The median value for Houses in Mckinnon is $1,801,732 while the median value for Units is $775,285.
  • Houses have a median rent of $900 while Units have a median rent of $678.
There are currently 24 properties listed for sale, and 8 properties listed for rent in Mckinnon on OnTheHouse. According to CoreLogic's data, 144 properties were sold in the past 12 months in Mckinnon.

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Anthony Molinaro
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Frank Molinaro
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OBrien Real Estate - Blackburn
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