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25 - 27 Fellowes Street, Seaford, Vic 3198 For Sale

25 - 27 Fellowes Street, Seaford, Vic 3198

$3,100,000 - $3,300,000

House
Type
3
Bedrooms
2
Bathrooms
2
Parkings
2,398 m²
Area

Published on Thursday, September 24, 2026 ( See property details for 25 - 27 Fellowes Street, Seaford, Vic 3198)

$3,100,000 - $3,300,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare, high-potential development site in Seaford offering approved plans for nine stylish townhouses in a prime bayside location.

🏡 Property Highlights

  • Approved plans for nine two-storey townhouses ready for development
  • Premium GRZ1 zoned land spanning 2,398m² across two titles
  • Strategic location just minutes from Seaford Beach and Bayside Shopping Centre
  • Strong market demand with low vacancy rates and high rental yields
  • Seamless connectivity via Seaford Station and Eastlink network
  • Versatile product mix including 8 four-bedroom and 1 two-bedroom homes

✨ Key Features

  • Waterfront / Views
  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Secure Parking
  • Water tank
  • Close to transport
  • Close to shops
  • Close to schools
  • Development site

Seaford is a highly sought-after bayside suburb renowned for its relaxed coastal lifestyle, strong property market, and excellent amenities. The area offers easy access to pristine beaches, vibrant shopping precincts, and efficient transport links, making it ideal for families, professionals, and investors alike. Its proven demand for townhouse developments ensures a secure and profitable investment environment. With proximity to parks, schools, and major road networks, Seaford continues to attract a growing community seeking quality living and lifestyle convenience.

What is the zoning of the development site and what does it allow?
The site is zoned GRZ1, which permits the construction of multiple dwellings, including townhouses, subject to planning approval.
Are the plans for the townhouses fully approved and ready to commence construction?
Yes, the plans have received full approval, allowing for a straightforward transition to the construction phase.
What is the potential rental yield for the completed townhouses?
Seaford's strong rental market typically offers healthy yields, with low vacancy rates supporting consistent rental income.
What amenities and services are nearby the development site?
The site is conveniently located close to schools, shops, parklands, and is just minutes from Seaford Beach and major transport links.
Is there scope for customizing the townhouse designs or layouts?
Since the plans are approved, any modifications would require further planning approval, but there may be some flexibility depending on the development regulations.
Are there any additional costs or fees associated with the development approval process? Are there any zoning restrictions or planning overlays that could impact future development? Is the site prone to flooding or bushfire risks in this area? Are there any easements, covenants, or restrictions on the property that could affect development? What are the current and future infrastructure plans for the area that might influence property value? Has a recent survey or soil test been conducted to confirm site suitability for construction? Are there any planned or ongoing nearby construction projects that could cause noise or disruption? What are the strata or council requirements for future property management or maintenance? Are there any environmental or heritage considerations affecting the site? What are the expected timelines and costs for obtaining final approvals and commencing construction?

25 - 27 Fellowes Street, Seaford, Vic 3198 - More Details

$3,100,000 - $3,300,000

Presenting an exceptional turn key opportunity for developers and investors: a premium 2,398m2 development site with GRZ1 zoning offering an approved, ready-to-build multi-townhouse project.

The Project
Capitalize on fully approved plans to construct nine two-storey townhouses. The versatile product mix ensures broad market appeal, featuring 8 spacious 4-bedroom homes and 1 two bedroom dwelling. With the planning stages complete, this site is primed and ready for the next phase.

The Location & Market
Seaford boasts a proven track record of successful townhouse developments, underpinned by consistently low vacancy rates, healthy rental yields and strong ongoing buyer interest. The site offers an ideal bayside lifestyle, positioned just a 7-minute drive from pristine Seaford Beach and 9 minutes from the retail hub of Bayside Shopping Centre. Transport connectivity is seamless, with Seaford Station merely 6 minutes away and close proximity to the Eastlink network ensuring an effortless commute.

Key Features
Premium Allotment: Two Titles of 1,535m2 & 863m2; of highly sought-after GRZ1 zoned land.

Turnkey Potential: Approved plans for 9 two-storey residences, ideal for developers seeking a ready-to-build project.

Proven Demand: Capitalize on the current strong market appetite for townhouses in the area.

Investment Security: Seaford yields healthy rental returns and maintains low vacancy rates.

Lifestyle Connectivity: Close proximity to local schools, shops, parklands and freeway access.

Blue-Chip Acquisition: A rare, high-potential opportunity in a rapidly growing bayside corridor.
Type
House
Bedrooms
3
Bathrooms
2
Parkings
2
Area
2,398 m²

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