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1245 Mickleham Road Greenvale, VIC 3059

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1245 Mickleham Road,
Greenvale, VIC 3059

Development Sites & Land • Commercial Farming & Rural • Warehouse, Factory & Industrial

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Map of 1245 Mickleham Road

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  • Bus stops within 5 km of 1245 Mickleham Road, Greenvale, VIC 3059Distance
    Mickleham RdDellamore BVD1.4 km
    Napoli Park/Napoli CCT (Greenvale)1.5 km
    Blossom DrGreenvale Gardens BVD1.5 km
    Ventura Way/Blossom Dr (Greenvale)1.6 km
    Aitken College1.9 km
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Discovering the untapped potential at the center of Greenvale's vibrancy!

  • Potential 700 residential lots (STCA)
  • Total Area- 44.59 Ha (Corner Allotment)
  • Located Amongst Other Major Developers
A prime piece of highly sought-after real estate has entered the market for the first time in over forty years! This expansive 110-acre property is surrounded by approved properties under the Precinct Structure Plan (PSP) and boasts a vast, perfectly flat landscape without any additional overlays.
The extension of Mickleham Road highlights the rapid population growth in Melbourne's northern suburbs. Originally targeted for development by major industry players, the owners have now decided to sell, offering attractive terms for settlement and deposit.
With the potential to accommodate over 700 residential lots (subject to council approval), ranging from 400 to 700 square meters each, this property has undergone comprehensive evaluations for inclusion within the Urban Growth Boundary (UGB) and has been a key focus of strategic expansion efforts. However, its progress was stalled pending the completion of the Craigieburn West PSP, and due to possibly sufficient land availability, it was not pursued further for PSP ratification. Surrounded by significant developments from renowned developers like PEET, Potter George, HB Land, JinDing, and Satterley Group.
Following the recent finalization of the Craigieburn West PSP in August 2022, along with a noticeable shortage of housing, this property presents an appealing opportunity at its current offering price. The site is considered one of the premier landholding and development opportunities in the northern suburbs.

Key Features:
• Total Area of 44.59 hectares (Approx.)
• Potential to yield 700 residential lots (subject to council approval)
• No overlays and completely flat terrain
• Corner Allotment with access from Dunhelen Lane
• Positioned among other major developers
• Approximately 280 meters of Mickleham Road frontage
• Located in one of Melbourne's fastest-growing suburbs
• Less than 30 kilometres from Melbourne CBD, only 10 minutes from Melbourne Airport, and other major employment centres
• Median house price of $850,000 in Greenvale
• Close proximity to essential infrastructure such as schools, community centres, and shopping facilities
• Neighbouring the Council’s GWZ holding block on 1275 Mickleham Road

Terms:
• Consideration of medium to long-term settlement
• Flexible deposit arrangements
• Open to conditional and unconditional offers

Property ID: 504569736Last Updated: 17 Apr 2024

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1245 Mickleham Road
Greenvale, VIC 3059
Ray White - Wollert
GO4, 65 Manor House Drive
EPPING, VIC 3076
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