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40 Olive Road, Lynbrook, Vic 3975

$2.3M - $2.53M! Priced to Sell

House

Type

Bedrooms

Bathrooms

Parkings

3,688 m²

Area

Last updated on Thursday, June 04, 2026 ( See property details for 40 Olive Road, Lynbrook, Vic 3975)

$2.3M - $2.53M! Priced to Sell

View the agent price guide.

Vas Selvaraj - Real Estate Agent - Casey Estate Agents - CRANBOURNE

Vas Selvaraj Chief Advisor & Negotiator

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Kamal Bajwa - Real Estate Agent - Casey Estate Agents - CRANBOURNE

Kamal Bajwa Advisor & Negotiator

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AI Property Insight

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

A versatile 3,688m² development-ready property in Lynbrook offering a spacious residence and multiple subdivision options in a prime location.

🏡 Property Highlights

Expansive 3,688m² flat block with development potential
Strategically divided into multiple lots for flexible development
Prime location in Lynbrook close to essential amenities
Currently a 5-bedroom, 2-bathroom residence with high rental returns
Situated in a sought-after suburb with excellent connectivity
Zone: General Residential Zone - Schedule 1, suitable for various projects

✨ Key Features

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

Suburb and Property Insights of Lynbrook, VIC 3975

Lynbrook is a thriving suburb renowned for its family-friendly environment, excellent connectivity to Melbourne, and proximity to shopping centres, parks, and transport links. It offers a balanced lifestyle with a strong community feel, making it highly desirable for both residents and developers. The area features a mix of established homes and new developments, supported by local amenities and infrastructure. Its strategic location ensures easy access to major roads and public transport, fostering growth and investment opportunities.

Frequently Asked Questions

What is the current condition of the property and its suitability for development?

The property is currently a well-maintained 5-bedroom, 2-bathroom residence on a large flat block, offering a solid foundation for various development options, including subdivision or new construction.

Are there any restrictions or zoning considerations for development on this site?

The property is zoned as General Residential Zone - Schedule 1, which allows for multiple development opportunities subject to council approval and compliance with local planning regulations.

What amenities and services are available nearby?

The property is conveniently located near Lynbrook Village Shopping Centre, Lynbrook Hotel, Hampton Park Shopping Centre, Hallam Train Station, and Westfield Fountain Gate, providing excellent access to shopping, transport, and leisure facilities.

Is there potential for future growth and appreciation in this area?

Yes, Lynbrook is a rapidly growing suburb with ongoing development and infrastructure improvements, making it a promising area for investment and future growth.

What are the settlement terms and deposit options?

Settlement terms are flexible, with a deposit range of 5% to 20%, offering adaptable options for buyers.

What to ask about this property to agent?

Are there any easements, covenants, or zoning restrictions that could impact development plans? Has the property been affected by any flooding, bushfire risks, or environmental hazards? Are there any upcoming planning or construction projects nearby that could affect the property’s value or livability? What are the total costs involved in subdividing or developing the land, including council fees and permits? Is there any history of structural issues or defects with the existing residence?

40 Olive Road, Lynbrook, Vic 3975 - More Details

$2.3M - $2.53M! Priced to Sell

Type: House
Bedrooms: 5
Bathrooms: 2
Parkings: 5
Area: 3,688 m²

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

40 Olive Road, Lynbrook, Vic 3975 - Point Of Interest

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Your Commute at a Glance: 40 Olive Road, Lynbrook, Vic 3975

Email Enquiry To Casey Estate Agents - CRANBOURNE

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Kamal Bajwa

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40 Olive Road, Lynbrook, Vic 3975

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