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10 Rio Vista Court, Cheltenham, Vic 3192 For Sale

10 Rio Vista Court, Cheltenham, Vic 3192

$550,000 - $600,000

Residential Land
Type
206 m²
Area

Published on Wednesday, August 19, 2026 ( See property details for 10 Rio Vista Court, Cheltenham, Vic 3192)

$550,000 - $600,000

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

A low-risk, approval-backed development site in a tightly held court setting, offering a ready-to-build four-bedroom family home with strong resale potential.

🏡 Property Highlights

  • Court location with strong end-value appeal for families
  • Endorsed plans for a four-bedroom, three-bathroom dwelling
  • No body corporate fees, reducing ongoing costs
  • Functional design with multiple living zones and open-plan layout
  • Efficient site utilisation with clear separation of living and accommodation zones
  • Private open space with practical landscaping allowances

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Water tank
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Fully fenced
  • Pet-Friendly

Cheltenham is a sought-after suburb known for its family-friendly environment, excellent schools, and convenient amenities. The area offers strong resale fundamentals, a vibrant community atmosphere, and easy access to transport links, making it ideal for both investors and families seeking a quality lifestyle. With limited stock and high demand for new homes, Cheltenham presents a compelling opportunity for development and capital growth.

What is the expected timeframe for construction after purchase?
The endorsed plans are approval-backed, allowing for a streamlined construction process, with typical build times depending on the builder's schedule and permits.
Are there any restrictions or covenants on the land?
The site comes with endorsed plans and no body corporate, but potential buyers should verify any local zoning or planning restrictions with the local council.
What are the ongoing costs associated with the land?
There are no body corporate fees; other costs include council rates, utilities, and potential construction costs based on the approved plans.
Is the land suitable for custom designs or modifications?
The endorsed plans provide a comprehensive design, but buyers can consult with their builder to explore minor modifications within planning regulations.
What infrastructure and amenities are nearby?
Cheltenham offers excellent access to schools, shopping centres, public transport, and recreational facilities, making it ideal for family living.
Are there any easements, covenants, or zoning restrictions affecting the property that could impact development plans? Has the land been tested for soil stability and suitability for construction? Are there any existing or planned infrastructure works or developments nearby that could affect the site? What are the total estimated costs including permits, connection fees, and construction for the endorsed plans? Is there any history of flooding or bushfire risk in the area that should be considered?

10 Rio Vista Court, Cheltenham, Vic 3192 - More Details

$550,000 - $600,000

Located in a tightly held court setting, this presents a highly functional and low-risk development opportunity for builders and developers.

The site comes with endorsed plans for a four-bedroom, three-bathroom dwelling, designed to maximise the footprint while maintaining strong liveability and resale appeal. The layout includes multiple living zones, open-plan kitchen/living/dining, and well-considered indoor-outdoor integration

Key Highlights:
• Court location - strong end-value appeal for families
• No body corporate
• Endorsed plans in place - minimise holding time and planning risk
• Functional design suited to the current buyer market (4 bed / 3 bath)
• Efficient site utilisation with clear separation of living and accommodation zones
• Private open space and practical landscaping allowances incorporated

The plans reflect a build-ready outcome, with logical construction flow, defined access points, and consideration given to surrounding properties and existing conditions.

This is an ideal project for:
• Builders seeking their next straightforward, approval-backed build
• Developers wanting a low-complexity site with strong resale fundamentals
• Investors looking to capitalise on family demand in a court location

With demand for quality family homes remaining strong and stock levels tight, this opportunity offers a clear pathway from acquisition through to completion and sale. Build, deliver, and realise the upside.

**Image is an artist impression and for illustrative purposes only.**
Type
Residential Land
Area
206 m²

Price guide

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