31 Cambridge Way, Campbellfield, Vic 3061

$650,000 - $700,000

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
676 m²
Area

Last updated on Friday, May 08, 2026 ( See property details for 31 Cambridge Way, Campbellfield, Vic 3061)

$650,000 - $700,000

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

A well-located, solid brick home with approved development potential, immediate income, and flexible outdoor space in Campbellfield.

🏡 Property Highlights

  • Approved town planning permit in place for development
  • Immediate income stream with current tenancy until August 2026
  • Strategically located in a well-established, quiet pocket of Campbellfield
  • Potential for future redevelopment or extension
  • Light-filled, functional layout with polished timber flooring
  • Close to local shops, schools, and public transport

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Ensuite
  • Waterfront / Views
  • Garage
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)

Campbellfield is a thriving northern suburb known for its convenient access to major roads and public transport, making it ideal for commuters. The area boasts a mix of established homes and new developments, with local amenities including shops, schools, and parks. Its strategic location offers excellent connectivity to Melbourne’s broader northern corridor, appealing to both families and investors. The community is family-friendly, with a peaceful environment and ongoing growth prospects.

What is the current condition of the property and what improvements are recommended?
The property is in a neat, liveable condition with a functional layout, polished timber flooring, and a tidy kitchen and bathroom. Future improvements can include extensions, renovations, or redevelopment, especially given the approved planning permit.
What are the details of the approved development scheme?
The property has an approved town planning permit that allows for redevelopment or extension, enabling buyers to fast-track their project without delays.
Is the current tenancy secure and what is the rental income?
Yes, the property is tenanted at $1,999 per calendar month on a fixed lease until 31st August 2026, providing an immediate income stream.
What amenities and transport options are available nearby?
The property is conveniently located close to local shops, schools, and public transport, with easy access to major arterial roads connecting to Broadmeadows, Fawkner, and the northern corridor.
Are there any zoning restrictions or planning considerations?
The property benefits from an approved town planning permit, which facilitates redevelopment or extension, subject to local council regulations.
Are there any additional costs or fees associated with the approved development scheme? Has the property been inspected for structural issues or pests? Are there any easements, covenants, or zoning restrictions that could impact redevelopment plans? What are the potential costs for future renovations or extensions? Is there any history of flooding or bushfire risk in this area? Are there any upcoming planning or construction projects nearby that could affect the property? What are the strata or council rates, if applicable? Are there any existing or pending legal disputes related to the property?

31 Cambridge Way, Campbellfield, Vic 3061 - More Details

$650,000 - $700,000

Type
House
Bedrooms
3
Bathrooms
1
Parkings
2
Area
676 m²

Price guide

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