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52-78 Alfred Road, Melton South VIC 3338, Australia $19 mil
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Prime Development Opportunity  
  • Approximately 15.17 Hectare under the Toolern Precinct Structure Plan
  • Applicable to be subdivided into 250 Lots with Avg. Size of 300-400 m2
  • Asking Price : $ 18 mil to $ 19 mil
  • Property ID is 37 A & 37 B
  • Almost 6 ha of the land is in the medium density residential development
  • 15% of deposit on signing Ü 10% at 12 months Ü Balance on Settlement
  • Average price of a 400m2 lots in Thornhill Park is approximately $290k in today’s market.
  • Waterway and Drainage consists of 1.8 ha of the land
  • Heritage Land : 0.58 ha
  • Total Net Development Area = 12.79 ha
  • Positioned near two major developments.
  • Convenient access to Western Freeway, approx. 40 minutes to Melbourne CBD & 30min to Melbourne Airport

Property Details

Beds:, Baths::, Land: 15.17 hectare , Building: sqm , Toilet:, Garage :,