1426 Gregory St, Lake Wendouree, VIC, 3350

Prime Lake Wendouree Allotment - An Exceptional Opportunity on 1,461m2

Land
Type

Last updated on Saturday, March 14, 2026 ( See property details for 1426 Gregory St, Lake Wendouree, VIC, 3350)

$1,300,000

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An exceptional 1,461m2 parcel of land in a prestigious Lake Wendouree location, offering endless development possibilities and lifestyle options.

🏡 Property Highlights

  • Expansive 1,461m2 allotment in a prestigious Lake Wendouree pocket
  • Potential for luxury residence or multi-townhouse development (STCA)
  • All services available along the 20-metre frontage
  • Close proximity to Lake Wendouree, Botanical Gardens, and North Gardens
  • Convenient access to Wendouree Train Station and local shopping precincts
  • Rare opportunity in a tightly held, blue-chip location

✨ Key Features

  • Open-Plan Living
  • Waterfront / Views
  • Outdoor Area
  • Built-in Robes
  • Shed
  • Home Office / Study
  • Balcony
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready

Lake Wendouree is a highly sought-after suburb renowned for its scenic beauty and vibrant community. Key points include proximity to Lake Wendouree’s recreational facilities, lush botanical gardens, excellent schools, convenient shopping options, and easy access to public transport. The area offers a prestigious lifestyle with a mix of historic and modern residences, making it ideal for families and investors alike.

What are the development possibilities for this land?
Subject to council approval (STCA), the land can accommodate a luxury family residence, multi-townhouse development, or other custom projects, offering significant flexibility.
Are all services available on the property frontage?
Yes, all essential services are available along the 20-metre frontage, facilitating easy connection for building and utilities.
What are the zoning restrictions for this land?
The property is zoned for residential development, with potential for multi-dwelling projects subject to council approval (STCA).
Is there potential for a swimming pool or tennis court?
Absolutely, the generous land size allows for the inclusion of amenities such as a swimming pool, tennis court, pavilion, or landscaped gardens.
What is the proximity to local amenities and transport?
The property is just moments from Lake Wendouree, Botanical Gardens, North Gardens, Wendouree Train Station, and the local shopping precincts, providing excellent convenience.
Are there any existing easements, covenants, or zoning restrictions that could impact development plans? Has a recent land survey been conducted to confirm boundaries and land size? Are there any known issues with soil stability or drainage on the site? What are the potential costs for connecting to utilities and services? Are there any planned developments or construction projects nearby that could affect the property’s value or enjoyment? Is the property located within a flood or bushfire risk zone? Are there any restrictions or requirements for multi-dwelling development under local council regulations? What are the strata or body corporate considerations if subdividing or developing multiple dwellings? Are there any heritage overlays or environmental protections affecting the site? What are the current zoning laws and future planning policies that could influence development options?

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