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Sold on 01 Jul 2024 - Price Unavailable

1205 Mickleham Road
Greenvale VIC 3059

Bedrooms: 3
Bathrooms: 2
Car spaces: 8
Land area: 445200m2
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This property is currently on the market
Future Potential in the Heart of Greenvale!
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Property Details for 1205 Mickleham Rd, Greenvale

1205 Mickleham Rd, Greenvale is a 3 bedroom, 2 bathroom Other with 8 parking spaces. The property has a land size of 445200m2.This Property is currently listed for sale with LJ Hooker Epping

Building Type
Other
Land Size
445200m2
Local Government
Hume
Lot/Plan
2/LP133953

Last Listing description (July 2024)

The epitome of prestigious real estate has emerged onto the market for the first time in over four decades! This expansive 110-acre parcel is enveloped by PSP (Precinct Structure Plan) approved properties and showcases a vast, perfectly level terrain without any overlays.

The expansion of Mickleham Road underscores the burgeoning population growth in the northern suburbs of Melbourne.

Capable of accommodating upwards of 700 residential lots (STCA) spanning 400 to 700 square meters each, this property has undergone thorough assessments for inclusion within the Urban Growth Boundary (UGB) and has been a focal point of strategic expansion initiatives. Surrounded by large developments from significant developers such as PEET, Potter George, HB Land, JinDing and Satterley Group.

With the recent finalisation of the Craigieburn West PSP in August 2022, coupled with a noticeable housing shortage, this property presents a compelling opportunity at its current offering price. The subject site is one of the best land-holding / development opportunities in the northern suburbs.

• Total Area of 44.52Ha (Approx.)
• Potential to yield 700 residential lots (STCA)
• No overlays and fully flat terrain
• Located amongst other major developers
• Approx. 380m of Mickleham Road frontage
• One of the fastest growing suburbs in Melbourne
• Less than 25kms from Melbourne CBD, only 10 minutes from Melbourne Airport and other major employment centres.
• Median house price of $850,000 in Greenvale
• In the vicinity of all required infrastructure such as schools, community centres and shopping facilities.
• Two blocks down from Council's GWZ holding block for future development on 1275 Mickleham Road.

Terms:
• Medium - long term settlement considered
• Flexible deposit terms

For inquiries or to obtain an information memorandum, please contact Garvit Mediratta at 0433 073 026.

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Property History for 1205 Mickleham Rd, Greenvale, VIC 3059

A timeline of how this property has performed in the market
Last Sold
01 Jul 2024
  • 24 Jun 2024
    Sold
  • 07 Mar 2024
    Listed for Sale Price on Application

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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 10,366 properties.

    There are currently 66 properties listed for sale, and 10 properties listed for rent in Greenvale on OnTheHouse. According to CoreLogic's data, 429 properties were sold in the past 12 months in Greenvale.

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