FOR SALE
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354-356 Pound Road
Narre Warren South VIC 3805

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 20230m2
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A Developer's Dream Awaits on this 20,230m2 Redevelopment Gem!

Unleash the full potential of this remarkable property! With massive redevelopment possibilities awaiting council approval, this expansive allotment spanning approximately 20,230m² in a desirable low-density residential zone is a developer's dream come true. Imagine the possibilities of transforming this land into a collection of smaller lots, with the current planning scheme allowing for 4,000 m² sites (subject to STCA). And that's not all! The future looks even brighter, as the visionary Casey council has earmarked this area for potential rezoning, with plans to reduce minimum lot sizes to a mere 2,000 m², paving the way for high-density development and unparalleled growth opportunities.
But wait, there's more! This property isn't limited to residential development alone. Unlock its commercial potential with a range of possibilities, including the establishment of medical centers, stylish reception venues, vibrant childcare centers, or even utilizing it as a strategic land bank for future endeavors. The choice is yours, limited only by your imagination.
As an added bonus, the property already boasts an attractive existing dwelling. A charming three-bedroom home with two bathrooms and a separate toilet provides comfortable accommodation, while a self-contained one-bedroom bungalow with its own toilet offers versatile options for additional income in the short to medium term.
Seize this extraordinary opportunity and unlock the hidden treasures of this property.
Don't hesitate to reach out to Hamed Azizi at 0421 216 667 for further discussion about this incredible land!
For all property viewings, please have photo identification available. Viewings can be attended as scheduled or arranged upon request.
*All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property. S.T.C.A: Subject to council approval.
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Property Details for 354-356 Pound Rd, Narre Warren South

354-356 Pound Rd, Narre Warren South is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 20230m2. The place is currently for sale with Ray White Narre Warren.

Building Type
House
Land Size
20230m2

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About Narre Warren South 3805

The size of Narre Warren South is approximately 13.1 square kilometres. It has 44 parks covering nearly 12.6% of total area. The population of Narre Warren South in 2011 was 28,595 people. By 2016 the population was 30,299 showing a population growth of 6.0% in the area during that time. The predominant age group in Narre Warren South is 10-19 years. Households in Narre Warren South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narre Warren South work in a trades occupation. In 2011, 84.9% of the homes in Narre Warren South were owner-occupied compared with 82.6% in 2016.

Narre Warren South has 9,951 properties. Over the last 5 years, Houses in Narre Warren South have seen a 32.51% increase in median value, while Units have seen a 15.99% increase. As at 30 November 2024:

  • The median value for Houses in Narre Warren South is $867,084 while the median value for Units is $592,283.
  • Houses have a median rent of $600 while Units have a median rent of $480.
There are currently 42 properties listed for sale, and 11 properties listed for rent in Narre warren south on OnTheHouse. According to CoreLogic's data, 379 properties were sold in the past 12 months in Narre warren south.

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Hamed Azizi
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Zac Ebrahimi
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Ray White Narre Warren
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