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535 Ballarat Road, Albion, Vic 3020 For Sale

535 Ballarat Road, Albion, Vic 3020

$850,000 - $870,000

House
Type
3
Bedrooms
1
Bathrooms
554 m²
Area

Published on Tuesday, September 29, 2026 ( See property details for 535 Ballarat Road, Albion, Vic 3020)

$850,000 - $870,000

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

A versatile development site in prime Albion with council approval for up to three storeys, offering exceptional future potential and excellent connectivity.

🏡 Property Highlights

  • Development approval for up to three storeys, offering significant future potential.
  • Prime Albion location with excellent connectivity to Melbourne’s western corridor.
  • Approximately 554m² of land with additional rear land extending the site’s footprint.
  • Existing residence provides flexibility for short-term occupancy or rental income.
  • Strategic position along a service road, ensuring convenient access and separation from main traffic.
  • Close proximity to Albion and Sunshine stations, schools, shopping centres, and parks.

✨ Key Features

  • Open-Plan Living
  • Built in robes
  • Waterfront / Views
  • Open-Plan Living
  • Secure Parking
  • Outdoor Area
  • Floorboards
  • Alarm system
  • Broadband
  • Water tank
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535 Ballarat Road
Albion, VIC 3020
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Vertical aerial view — 535 Ballarat Road
535 Ballarat Road — Vertical Aerial  •  Albion, VIC 3020  •  Nearmap © 2026

Albion is a vibrant suburb offering excellent connectivity to Melbourne’s CBD and western suburbs. It boasts easy access to public transport, shopping centres, parks, and educational institutions. The area is ideal for future residents and tenants seeking a well-connected, growing community with strong development prospects. Its strategic location along major arterial roads makes it a highly desirable investment hotspot with significant long-term growth potential.

What are the future development possibilities for this property?
The property has council approval for development up to three storeys, providing a significant advantage for future redevelopment or investment projects.
Is the existing residence suitable for short-term occupancy?
Yes, the existing house offers flexibility for short-term occupancy, rental income, or as a temporary dwelling while planning redevelopment.
What amenities and transport options are nearby?
The property is within walking distance to Albion and Sunshine stations, bus services, schools, shopping centres, parks, and major arterial roads, ensuring excellent connectivity.
Can the additional rear land be used for development?
Yes, the rear land, formerly part of a laneway, extends the property’s footprint and can be incorporated into future development plans.
Are there any restrictions or approvals required for redevelopment?
The property already has council approval for up to three storeys, streamlining the redevelopment process and reducing planning uncertainties.
Are there any existing planning or zoning restrictions that could affect future development plans? What are the potential costs associated with connecting utilities or upgrading infrastructure for redevelopment? Are there any easements, covenants, or restrictions on the additional rear land? Has a recent building or land survey been conducted to identify any site-specific issues? Are there any known environmental or contamination concerns on the site? What are the strata or council rates, and are there any upcoming levies or fees? Is there any ongoing or planned nearby construction that could impact future development or living conditions? Are there any flood or bushfire risks associated with the property location? What is the status of the existing residence regarding compliance and building permits? Are there any restrictions on the type of development or use of the property under current planning policies?

535 Ballarat Road, Albion, Vic 3020 - More Details

$850,000 - $870,000

Living Prospect presents a prime Albion location, 535 Ballarat Road. A standout opportunity for developers, investors, buyers and rooming house opportunities looking to secure a property with genuine redevelopment potential.

Set on approximately 554m², this is a site where the land and future possibilities are the real drawcard. The existing residence remains in place, giving buyers flexibility in the short term, however the property is ideally suited to those looking at a future knockdown and rebuild.

A major advantage is the existing council approval allowing development up to three storeys, giving purchasers a significant head start and removing much of the uncertainty that can come with buying a development site. For builders, developers or investors looking for their next project, this adds immediate appeal and creates the opportunity to plan ahead with greater confidence.
The property also includes additional land at the rear, which was formerly part of a laneway and was purchased as an extension of the existing allotment. This means the property extends right up to the neighboring rear fence.

The location is another major selling point. Albion is well connected to surrounding suburbs, Sunshine and Melbourne’s western corridor, with buses and train services within walking distance of the home. Albion Station, Sunshine Station, Victoria University, Sunshine Hospital, local schools, shopping centres, parks and major arterial roads are all within easy reach, with many everyday needs also accessible on foot.

The property is also positioned along a service road which caters to local traffic, providing convenient access while separating the property from the main Ballarat Road traffic flow.
The property also offers convenient access to the Western Ring Road and Melbourne CBD, making it an attractive location for future residents or tenants.

With approximately 554m² of land, a prominent Ballarat Road position, additional rear land forming part of the allotment and approval for a development of up to three storeys, 535 Ballarat Road offers a combination that will immediately appeal to investors and developers looking for a site with strong long-term potential.

Whether you are looking to develop, landbank, invest or secure your next project, this is an opportunity with plenty of scope to make the most of a well-positioned Albion site.
Type
House
Bedrooms
3
Bathrooms
1
Area
554 m²

Map & nearby places — 535 Ballarat Road, Albion, Vic 3020

Explore 535 Ballarat Road, Albion, Vic 3020 in 3D

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