Raine & Horne proudly presents this exceptional development opportunity in one of West meadows' most sought-after locations. Positioned within a General Residential Zone 1 (GRZ1), this expansive site 16476m2 offers incredible potential for townhouse development or subdivision into up to 32 smaller lots (STCA).Currently occupying the site is a well-maintained double-storey residence, offering rental income potential or the option for staged redevelopment.
Some of the key features are as follows:
• Area 16476m2.
• General Residential Zone 1 (GRZ1).
• Existing Double-Storey Residence
• Potential Subdivision: Up to 32 Lots (STCA)
An exceptional opportunity to invest or develop in one of West meadows' most prestigious pockets. Set on a generously sized parcel within the General Residential Zone 1, this property offers outstanding potential for a townhouse development or multi-lot subdivision, subject to council approval.
Featuring an existing double-storey home, the site provides holding income or scope for staged development. Its ideal positioning in a well-established and affluent residential area enhances its appeal to developers, builders, and investors alike.
Key Highlights:
GRZ1 zoning - perfect for medium-density residential projects
Potential to subdivide into 32 smaller lots (STCA)
Surrounded by high-quality homes and well-connected infrastructure
Easy access to local schools, parks, shopping precincts, and public transport
Strong buyer demand and growth in the area
A rare chance to secure a blue-chip development site in a thriving and high-demand suburb.
Please contact Harsimrat Gill on 0432 710 178 or Rupinder Sidhu on 0452 513 137 or to discuss about this property.
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Please see the below link for an up-to-date copy of the Due Diligence Check List:
http://www.consumer.vic.gov.au/duediligencechecklist
