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252-254 Koornang Road, Carnegie, Vic 3163 For Sale
252-254 Koornang Road, Carnegie, Vic 3163 252-254 Koornang Road, Carnegie, Vic 3163-Image 252-254 Koornang Road, Carnegie, Vic 3163-Image 252-254 Koornang Road, Carnegie, Vic 3163-Image 252-254 Koornang Road, Carnegie, Vic 3163-Image 252-254 Koornang Road, Carnegie, Vic 3163-Image 252-254 Koornang Road, Carnegie, Vic 3163-Image 252-254 Koornang Road, Carnegie, Vic 3163-Image 252-254 Koornang Road, Carnegie, Vic 3163-Image 252-254 Koornang Road, Carnegie, Vic 3163-Image 252-254 Koornang Road, Carnegie, Vic 3163-Image 252-254 Koornang Road, Carnegie, Vic 3163-Floorplan

252-254 Koornang Road, Carnegie, Vic 3163

$3,550,000 - $3,895,000

House
Type
7
Bedrooms
3
Bathrooms
2
Parkings
1,392 m²
Area

Published on Thursday, June 25, 2026 ( See property details for 252-254 Koornang Road, Carnegie, Vic 3163)

$3,550,000 - $3,895,000

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

An exceptional dual-residence property on a large corner allotment with development potential in Carnegie’s vibrant and well-connected suburb.

🏡 Property Highlights

  • Prime corner location opposite Koornang Park with extensive park views
  • Large 1,392sqm approx. dual-title allotment with development potential
  • Exceptional frontage of approximately 28 metres to Koornang Road and 44 metres to Coorigil Road
  • Two charming period residences providing immediate income and flexible use
  • Outstanding public transport connectivity and proximity to major amenities
  • Highly sought-after medium density development site, subject to council approval

✨ Key Features

  • Garage
  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Waterfront / Views
  • Home Office / Study
  • Ensuite
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready

Carnegie is a vibrant suburb renowned for its diverse dining options, excellent public transport, and proximity to major shopping centres like Chadstone. It offers a mix of charming period homes and modern developments, making it highly desirable for families and investors alike. The area boasts lush parks, educational institutions, and a thriving community atmosphere. Its strategic location provides easy access to Melbourne’s CBD and major transport corridors, supporting strong growth and lifestyle appeal.

What is the potential for development on this site?
The property offers significant scope for a landmark residential project, subject to council approval, given its large size and zoning within the Housing Choice and Transport Zone – Schedule 2.
Are the existing residences suitable for immediate occupancy?
Yes, both period homes are well-maintained and provide immediate flexibility for living, rental income, or future redevelopment plans.
What amenities and transport options are nearby?
The property is conveniently located opposite Koornang Park, close to Carnegie’s shopping precinct, Chadstone Shopping Centre, Monash University, and excellent public transport links including trains and buses.
Is there potential for future subdivision or redevelopment?
Yes, the large dual-title allotment with significant frontage offers potential for subdivision or a landmark development, subject to council approval.
What are the zoning and planning considerations?
The property is situated within the Housing Choice and Transport Zone – Schedule 2, which supports medium density development, pending council and planning approvals.
Are there any existing planning restrictions or easements that could affect development plans? What are the potential costs associated with rezoning or obtaining development approvals? Are there any known issues with the existing residences, such as structural defects or heritage restrictions? Is there any history of flooding or bushfire risk in this area? Are there any upcoming infrastructure projects or planning changes that could impact the property’s value or development potential? What are the strata or body corporate considerations, if applicable? Are there any nearby construction activities or planned developments that could cause noise or disruption? What are the zoning regulations regarding subdivision or redevelopment of the site? Are there any restrictions on the use of the existing residences for rental or commercial purposes? What are the ongoing maintenance costs for the existing period homes?

252-254 Koornang Road, Carnegie, Vic 3163 - More Details

$3,550,000 - $3,895,000

Expressions of Interest closing Tuesday 28th July at 3pm

Positioned opposite the expansive greenery of Koornang Park and occupying one of Carnegie’s most tightly held and highly visible corner locations, this extraordinary 1,392sqm approx. two title allotment presents an unparalleled opportunity to secure one of Melbourne’s most exciting medium density development sites.

Commanding approximately 28 metres of frontage to Koornang Road and approximately 44 metres to Coorigil Road, with valuable crossovers from both streets, this premium parkside holding occupies a prized corner position within the Housing Choice and Transport Zone – Schedule 2, providing exceptional scope for a landmark residential project, subject to council approval.

Adding further appeal, the property comprises two charming period residences, offering immediate flexibility and holding income while future plans are formulated.

No. 252 is a 1920’s brick residence which occupies the prominent corner position, featuring four bedrooms, two bathrooms, garage access via Coorigil Road and attractive period charm. No. 254 is a beautifully maintained three bedroom plus study weatherboard home comprising of classic decorative archways adding timeless character and warmth.

Rarely does a site combine such impressive dimensions with outstanding lifestyle amenities and exceptional public transport connectivity. Enjoy the convenience of the picturesque Koornang Park, Carnegie’s renowned shopping and dining precinct known as ‘Eat Street’, Chadstone Shopping Centre, Monash University and other leading educational institutions.

Large parkside landholdings of this calibre are becoming increasingly scarce. Positioned within a thriving activity centre supported by significant infrastructure, transport connectivity and strong population growth, this exceptional offering represents an opportunity to create a legacy project in one of Melbourne’s most vibrant and desirable suburbs. Please note: being sold as one.
Type
House
Bedrooms
7
Bathrooms
3
Parkings
2
Area
1,392 m²

Price guide

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