For Sale

18 Speargrass Ave, Wallan, VIC, 3756

Permit-Approved Triple Townhouse Development in Prime Wallan Location

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Published on Wednesday, March 04, 2026 ( See property details for 18 Speargrass Ave, Wallan, VIC, 3756)

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AI Property Insight

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A prime development opportunity in Wallan featuring approved plans for three modern townhouses on a spacious 874sqm block, ready for immediate construction.

🏡 Property Highlights

Ready-made development site with approved plans for three townhouses
Substantial 874sqm allotment with wide 21-metre frontage
Immediate construction opportunity with all documentation prepared
Strategically located in Melbourne's high-growth outer corridor
Close to quality schools, shopping, parklands, and public transport
Contemporary, architecturally designed townhouses with generous layouts

✨ Key Features

Open-Plan Living
Waterfront / Views
Secure Parking
Outdoor Area
Built-in Robes
Home Office / Study
Ceiling Fans
NBN / High-Speed Ready
Extra Storage (Shed/Linen)
Pet-Friendly

Suburb and Property Insights of Wallan, VIC 3756

Wallan is a rapidly expanding suburb in Melbourne's northern corridor, offering excellent connectivity, quality amenities, and a family-friendly environment. Its strategic location provides strong future growth prospects, with easy access to schools, shopping centres, parks, and public transport. The area is ideal for investors and developers seeking a high-yield, high-growth opportunity. Surrounded by a vibrant community, Wallan combines suburban tranquility with urban convenience.

Frequently Asked Questions

What is the zoning and development potential of this site?

The site has approved plans for three townhouses, with all necessary permits and documentation in place, allowing for immediate construction and development.

Are there any restrictions or covenants on the land?

All relevant approvals and geotechnical reports are available; however, buyers should verify any additional restrictions or covenants with local authorities.

What are the nearby amenities and transport options?

The property is surrounded by quality schools, shopping facilities, parklands, and public transport options, ensuring convenient access to daily needs.

Is there potential for future value growth in Wallan?

Yes, Wallan is part of Melbourne's rapidly expanding outer growth corridor, offering strong potential for future capital appreciation.

What is included in the purchase price?

The purchase includes the land with approved development plans; any additional features or structures are subject to separate agreements.

What to ask about this property to agent?

Are there any hidden costs or additional fees associated with the development approval process? Have all necessary permits and approvals been verified with local council? Are there any existing easements, covenants, or zoning restrictions that could impact development? Is the land prone to flooding, bushfire risks, or other environmental hazards? Are there any upcoming planning or construction projects nearby that could affect the property’s value or livability? What are the strata or body corporate considerations, if applicable? Has a thorough site survey and geotechnical assessment been completed? Are there any existing or planned infrastructure upgrades in the area? What are the ongoing holding costs and council rates for the property? Is the property located within a designated flood zone or bushfire risk area?

18 Speargrass Ave, Wallan, VIC, 3756 - Point Of Interest

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18 Speargrass Ave, Wallan, VIC, 3756

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