1226
Grevillea
Road
wendouree
VIC,
3355
$475,000
Prime Development Opportunity in Wendouree - Large Block with Pre-Approved Plans
Unlock the potential of 1226 Grevillea Road, Wendouree, a rare opportunity for savvy investors and developers to capitalize on a high-demand location. Set on a substantial 671 sqm corner block, this property has previously approved development plans, offering a streamlined path to your next project.
Why This Property Stands Out:
• Development-Ready: With plans previously approved, you can fast-track your investment strategy and minimize delays.
• Generous Land Size: The expansive allotment provides flexibility for multi-unit development or a premium townhouse project (STCA).
• Strategic Location: Situated in the thriving suburb of Wendouree, this site is close to major amenities including Stockland Shopping Centre, Wendouree Train Station, schools, and recreational facilities-ensuring strong appeal for future buyers or tenants.
• Existing Dwelling: A neat 3-bedroom home currently occupies the site, offering immediate rental income while you prepare for development.
The Investment Advantage: Wendouree continues to experience significant growth, driven by infrastructure upgrades and proximity to Ballarat's CBD. This property represents a rare chance to secure a large block with approvals in place-perfect for developers seeking a low-risk, high-reward project.
Act Now: Opportunities like this don't last. Contact us today to obtain the approved plans and explore the full potential of 1226 Grevillea Road.
Ballarat's Best-Selling Team
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About wendouree
median House price
465000suburb growth
8.4%median House rent
400suburb rental yield
4.5%Similar Properties
Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.