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House for Sale in Wallan
Permit Approved Development in the Heart of Wallan
- 3 Beds
- 2 Baths
- 4 Cars
An outstanding opportunity in one of Melbourne's most in-demand growth corridors, this 13,933m² (approx. 3.44 acres) parcel of land in Wallan is ready for the taking. With plans and permits approved for 21 residential lots, this property offers immediate development potential or a secure long-term hold with income from day one.
Zoned General Residential (GRZ1), the property also features a well-maintained home in good condition, currently tenanted and returning $2,260 per month, providing a steady income stream while you prepare for the next phase of development.
Set just moments from all key amenities, this site is located only 3 minutes* from the Hume Freeway, 5 minutes* to Wallan Train Station and a short drive to Wellington Square Shopping Centre, Wallan Medical & Specialist Centre, Wallan Secondary College and Wallan Primary School. And with Melbourne's CBD only 49 minutes* away, the convenience and connectivity speak for themselves.
Opportunities like this-with approved permits, rental return, long settlement options and strong local growth-are incredibly rare. Whether you're a seasoned developer or investor looking to secure a significant holding in the Northern corridor, this is one you don't want to miss.
For more details or to arrange a private inspection, contact Petar Djeparoski.
1.4 ha / 3.46 acres
4 garage spaces
3
2
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Request contractAsk a questionPrice guide statement of informationTalk to a mortgage brokerAll 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.
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