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Land for Sale

1066-1074 Main Road Eltham, VIC 3095

$2,420,000 - $2,620,000
  • Land: 1,407m² (0.35 acres)

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1066-1074 Main Road, Eltham, VIC 3095

Land for Sale in Eltham

One in a lifetime Opportunity: Permit-Approved Mixed-Use Development in Eltham's Prime Activity Centre

  • Land: 1,407m² (0.35 acres)

The Last Eltham land of its kind. Step into a remarkable investment opportunity nestled in the vibrant heart of Eltham's retail and lifestyle hub.

This exceptional landholding in the Activity Centre Zone - Schedule 1 (ACZ1) encompasses approximately 1,407sqm and features dual street frontages, including convenient access to the bustling Main Road-Eltham's primary commercial & residential thoroughfare. Ideally located in one of Melbourne's most dynamic suburban tree top centres, this site is surrounded by a rich tapestry of retail, transport, education, and lifestyle amenities, making it the perfect foundation for a groundbreaking project.

What sets this site apart is its fully approved plans and permits for a contemporary three-level mixed-use development, which includes 14 stunningly designed apartments and 5 prime ground-floor retail spaces. With a net saleable area of 1,941sqm and a total gross floor area of 3,616sqm, this project elegantly combines residential allure with commercial potential.

It's a prime opportunity to tap into the soaring demand for high-quality urban living in sought-after suburban markets while achieving robust commercial returns through a retail facade along the high-visibility Main Road. With scope to also redesign the activity centre for your own custom project the possibilities are truly limitless. The strategic location enhances its appeal further.

Your future development will be positioned right next to national retail giants like Coles, Woolworths, Aldi, Chemist Warehouse, and leading banks, ensuring a steady flow of foot traffic throughout the week. Plus, with Eltham Railway Station just a short walk away and seamless connections to the Eastern Freeway and Melbourne Ring Road, accessibility to the broader metropolitan area is unparalleled, making this location highly attractive to both residents and retail operators.

Eltham's reputation for excellent education adds another layer of value. The area is home to prestigious institutions such as Eltham High School, Eltham College, and St. Helena Secondary College, drawing families eager for quality schooling in close proximity.

With a unique combination of approved permits, a highly desirable location, and exceptional connectivity, this property represents an extraordinary opportunity to create a mixed-use development that meets the evolving lifestyle, commercial, and community demands of the area. Take the leap into a promising future and seize this unparalleled opportunity!

Make your mark on Eltham!

Land:

1,407m² / 0.35 acres

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