Introducing a rare and exceptional development opportunity in the heart of Eltham's bustling retail and lifestyle precinct. This premium Activity Centre Zone - Schedule 1 (ACZ1) landholding spans approximately 1,407sqm* and boasts dual street frontages, including direct access to Main Road-Eltham's central commercial artery. Perfectly positioned within one of Melbourne's most vibrant suburban centres, the site is surrounded by a rich mix of retail, transport, education, and lifestyle amenities that make it an ideal canvas for a landmark project.
This site comes with fully approved plans and permits for a contemporary three-level, mixed-use development comprising 14 architecturally designed apartments and 5 ground-floor retail tenancies. With a net saleable area of 1,941sqm* and a total gross floor area of 3,616sqm*, the project is a sophisticated blend of residential appeal and commercial viability. It offers the opportunity to capitalise on the ever-increasing demand for quality urban living in tightly held suburban markets, while delivering strong commercial returns through the retail frontage along high-exposure Main Road.
The strategic location is a major drawcard. Your future development will sit at the doorstep of key national retailers including Coles, Woolworths, Aldi, Chemist Warehouse, and major banks, attracting continuous foot traffic seven days a week. Just a short stroll to Eltham Railway Station, and well connected to the Eastern Freeway and Melbourne Ring Road, the site provides seamless access to the broader metropolitan area, making it highly desirable for both residents and retail tenants alike.
Eltham's strong educational offering further enhances its residential desirability. The area is home to esteemed institutions such as Eltham High School, Eltham College, and St. Helena Secondary College-making it a magnet for families seeking proximity to quality schooling. With a rare combination of approved permits, a high-demand location, and unmatched connectivity, this property presents an extraordinary opportunity to deliver a mixed-use development that responds perfectly to the area's lifestyle, commercial, and community needs.
