14 Nelson Street, Balaclava VIC 3183-Image

For Sale

14 Nelson Street, Balaclava VIC 3183

Prime Inner-City Development Site in Balaclava

Land

Type

Last updated on Tuesday, June 23, 2026 ( See property details for 14 Nelson Street, Balaclava VIC 3183)

$1,800,000

Jacob Biviano - Real Estate Agent - Ray White - Mount Waverley

Jacob Biviano Area Manager | Licensed Estate Agent

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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 prime 381 sqm vacant land parcel in Balaclava's sought-after RGZ, ready for immediate development of six townhouses with approved plans.

🏡 Property Highlights

Ready-to-build 381 sqm vacant development site with planning permit approval for six townhouses
Located in a tightly held pocket of Balaclava within the Residential Growth Zone (RGZ)
Ideal for higher-density residential development (STCA) with scope for contemporary townhouses or multi-level projects
No existing dwellings, eliminating demolition costs and simplifying development process
Close to Carlisle Street precinct, cafes, restaurants, and public transport including Balaclava Station
Within easy reach of Melbourne CBD and bayside amenities

✨ Key Features

Open-Plan Living
Waterfront / Views
Balcony
Outdoor Area
Secure Parking
Home Office / Study
Built-in Robes
Dishwasher
Air Conditioning
Ceiling Fans

Suburb and Property Insights of Balaclava, VIC 3183

Balaclava is a vibrant inner-city suburb renowned for its eclectic cafes, boutique shopping, and strong community vibe. Its proximity to public transport, including Balaclava Station, offers excellent connectivity to Melbourne CBD and bayside beaches. The area boasts a mix of historic charm and modern development, making it highly desirable for both residents and investors. With ongoing growth and a diverse housing stock, Balaclava presents a compelling opportunity for future-proofed investment. The suburb’s active lifestyle, cultural scene, and proximity to parks and schools further enhance its appeal.

Frequently Asked Questions

What is the zoning for this property and what development options are permitted?

The property is zoned Residential Growth Zone (RGZ), which encourages higher-density residential development, including townhouses and multi-level projects, subject to council approval (STCA).

Are there any existing structures on the land?

No, the land is vacant with no existing dwellings, allowing for a streamlined development process without demolition costs.

What planning approvals are in place for this site?

The property comes with a planning permit approval for six three-bedroom townhouses, providing an immediate pathway for development.

What are the key benefits of developing in Balaclava?

Balaclava offers a vibrant lifestyle with excellent amenities, strong transport links, proximity to the CBD and bayside, and a high potential for capital growth.

Is the land suitable for multi-level or townhouse development?

Yes, the RGZ zoning and existing planning permit support the development of contemporary townhouses or multi-level projects.

What to ask about this property to agent?

Are there any zoning restrictions or overlays that could impact the development plans? What are the potential costs for obtaining final planning approval and permits? Are there any easements, covenants, or restrictions on the land? Has the land been tested for soil stability or contamination? Are there any nearby construction or planning activities that could affect future development? What are the council requirements for multi-level residential developments in this zone? Is there any history of flooding or bushfire risk in this area? Are there any strata or community title considerations for future development? What are the ongoing rates, taxes, or levies applicable to the land? Are there any planned infrastructure upgrades or changes in the neighbourhood that could influence property value?

14 Nelson Street, Balaclava VIC 3183 - More Details

Prime Inner-City Development Site in Balaclava

Type: Land
Area: 0.0

14 Nelson Street, Balaclava VIC 3183 - Point Of Interest

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14 Nelson Street, Balaclava VIC 3183

$1,800,000

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