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323 Gaffney Street, Pascoe Vale, Vic 3044 For Sale
323 Gaffney Street, Pascoe Vale, Vic 3044 323 Gaffney Street, Pascoe Vale, Vic 3044-Image 323 Gaffney Street, Pascoe Vale, Vic 3044-Image 323 Gaffney Street, Pascoe Vale, Vic 3044-Image 323 Gaffney Street, Pascoe Vale, Vic 3044-Image 323 Gaffney Street, Pascoe Vale, Vic 3044-Image 323 Gaffney Street, Pascoe Vale, Vic 3044-Image 323 Gaffney Street, Pascoe Vale, Vic 3044-Image 323 Gaffney Street, Pascoe Vale, Vic 3044-Image 323 Gaffney Street, Pascoe Vale, Vic 3044-Image 323 Gaffney Street, Pascoe Vale, Vic 3044-Image 323 Gaffney Street, Pascoe Vale, Vic 3044-Image 323 Gaffney Street, Pascoe Vale, Vic 3044-Image 323 Gaffney Street, Pascoe Vale, Vic 3044-Image 323 Gaffney Street, Pascoe Vale, Vic 3044-Image 323 Gaffney Street, Pascoe Vale, Vic 3044-Image 323 Gaffney Street, Pascoe Vale, Vic 3044-Image 323 Gaffney Street, Pascoe Vale, Vic 3044-Image 323 Gaffney Street, Pascoe Vale, Vic 3044-Image

323 Gaffney Street, Pascoe Vale, Vic 3044

$1,180,000 - $1,230,000

House
Type
4
Bedrooms
2
Bathrooms
2
Parkings
632 m²
Area

Published on Wednesday, August 19, 2026 ( See property details for 323 Gaffney Street, Pascoe Vale, Vic 3044)

$1,180,000 - $1,230,000

Open on Saturday 22 August 10:30 am | View All

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

A rare dual-home investment opportunity on a prominent Pascoe Vale site with development potential and immediate rental income.

🏡 Property Highlights

  • Two separate two-bedroom homes on a single 638 sqm site
  • Already generating rental income
  • Potential for future development (STCA)
  • Strategic land banking opportunity in a highly desirable area
  • Each home with its own private driveway
  • Prime location on Gaffney Street, Pascoe Vale

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Ensuite
  • Outdoor Area
  • Garage
  • Waterfront / Views
  • Secure Parking
  • Fully fenced
  • Internal Laundry
  • Pet-Friendly
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323 Gaffney Street
Pascoe Vale, VIC 3044
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Vertical aerial view — 323 Gaffney Street
323 Gaffney Street — Vertical Aerial  •  Pascoe Vale, VIC 3044  •  Nearmap © 2026

Pascoe Vale is a highly sought-after suburb known for its vibrant community, excellent transport links, and proximity to Melbourne’s CBD. It offers a mix of established homes and development opportunities, making it ideal for investors and families alike. The area boasts local parks, schools, and shopping precincts, ensuring a convenient and comfortable lifestyle. With ongoing growth and infrastructure improvements, Pascoe Vale remains a prime location for long-term property value appreciation.

What is the current rental income generated by the two homes?
The property is already generating rental income, providing an immediate return on investment, though specific figures should be confirmed with the current owner or agent.
What are the zoning regulations and development restrictions for this site?
The property is available for future development subject to council approval (STCA). Buyers should consult local planning authorities for detailed zoning and development guidelines.
Are there any existing planning permits or approvals in place?
Currently, there are no specific permits in place; future development would require submission and approval from the local council.
What are the potential costs involved in developing or renovating the property?
Potential costs include council fees, construction, and any required upgrades. A detailed cost assessment should be obtained from a qualified builder or planner.
Is the property located in a flood or bushfire-prone area?
The property’s risk profile should be verified through local council or environmental assessments to determine flood or bushfire susceptibility.
Are there any easements, covenants, or zoning restrictions that could affect future development plans? What are the total ongoing costs, including council rates, land tax, and maintenance? Are there any existing structural issues or repairs needed for the current homes? Is there any history of flooding or environmental hazards on the site? Are there any upcoming infrastructure projects or planning changes in the area that could impact property value? What are the terms of the current rental agreements, and are they transferable? Are there any strata or community titles involved, or is it freehold land? What are the parking arrangements and access considerations for future development? Are there any restrictions or requirements for subdividing or redeveloping the site? Has a recent pest or building inspection been conducted?

323 Gaffney Street, Pascoe Vale, Vic 3044 - More Details

$1,180,000 - $1,230,000

Opportunities like this are rare and don't come around often.

The best way to describe this property is clear and uncompromising:

A RARE GEM. A PROFIT-MAKING ASSET. A STRATEGIC INVESTMENT. A FUTURE DEVELOPMENT POSSIBILITY.

Located on the prominent Gaffney Street in Pascoe Vale, this exceptional property features two separate two-bedroom homes on a 638 sqm site, each with its own private driveway, and is already generating rental income.

What makes this property truly compelling is not only its current offerings, but its potential for the right buyer.

Hold both homes and maximise rental income.
Explore ways to enhance and increase returns.
Land-bank in a highly desirable area.
Or unlock the site's future development potential, STCA.

This property rewards buyers who see beyond the obvious and recognise real value.

Two homes. Two incomes. One strategic investment. A future rich with possibilities.

For the savvy investor, developer, or long-term property holder, this is an opportunity you cannot afford to miss.

Contact us today to schedule your private inspection.
Type
House
Bedrooms
4
Bathrooms
2
Parkings
2
Area
632 m²

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Inspections times

  • Inspection Sat 22 Aug 10:30 am

    Saturday 22 August
    10:30 am - 11:00 am
    Add to calandar Remind Me

  • Inspection Sat 29 Aug 10:30 am

    Saturday 29 August
    10:30 am - 11:00 am
    Add to calandar Remind Me

  • Inspection Sat 5 Sep 10:30 am

    Saturday 5 September
    10:30 am - 11:00 am
    Add to calandar Remind Me

  • Inspection Sat 12 Sep 10:30 am

    Saturday 12 September
    10:30 am - 11:00 am
    Add to calandar Remind Me

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