1066-1074 Main Road, Eltham, Vic 3095

$2,250,000 - $2,350,000

Residential Land
Type
1,407 m²
Area

Last updated on Saturday, April 25, 2026 ( See property details for 1066-1074 Main Road, Eltham, Vic 3095)

$2,250,000 - $2,350,000

Sean Salmon Sales Leader / Chief Auctioneer
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

Exceptional 1,407sqm residential land in Eltham's vibrant retail and lifestyle precinct, offering limitless development potential (STCA).

🏡 Property Highlights

  • Prime development site in the heart of Eltham's retail and lifestyle hub
  • Approximately 1,407sqm of versatile residential land with dual street frontages
  • Unmatched potential for a variety of projects (STCA), including commercial, residential, and mixed-use developments
  • Strategic location next to major retail giants like Coles, Woolworths, and Aldi
  • Excellent connectivity with Eltham Railway Station and major arterial roads
  • Surrounded by top educational institutions, attracting families and students

✨ Key Features

  • Waterfront / Views
  • Open-Plan Living
  • Balcony
  • Outdoor Area
  • Built-in Robes
  • Garage
  • Air Conditioning
  • Ensuite
  • Swimming Pool
  • Security Screens / Gates

Eltham is a vibrant suburb renowned for its lush greenery, excellent schools, and thriving retail scene. Its strategic location offers easy access to major transport links, making it ideal for both residents and businesses. The area boasts a strong community feel with a mix of modern amenities and natural beauty. With proximity to Melbourne’s CBD, Eltham is highly sought after for urban living and investment opportunities.

What types of developments are permitted on this land?
The land is zoned Activity Centre Zone - Schedule 1 (ACZ1), allowing for a variety of developments including commercial facilities, shop fronts, multi-level apartments, restaurants, childcare centres, townhouses, wellness centres, and other projects subject to planning approval (STCA).
What are the key advantages of this location for future tenants or residents?
The site benefits from high visibility along Main Road, proximity to major retail outlets like Coles and Woolworths, excellent transport links including Eltham Railway Station, and access to top educational institutions, making it highly attractive for both residents and retail operators.
Are there any restrictions or planning considerations I should be aware of?
Development is subject to planning approval (STCA). It is recommended to consult with local planning authorities to understand specific zoning regulations, easements, and any other planning constraints.
Are there any existing easements, covenants, or zoning restrictions that could impact my development plans? Has a recent survey or site assessment been conducted to identify potential site-specific issues? Are there any known environmental concerns or contamination on the site? What are the local council requirements and approval processes for development? Are there any upcoming infrastructure projects or planning changes in the area that could affect the property’s value or usability? Is there any history of flooding or bushfire risk associated with this land? Are there any strata or body corporate considerations if I plan to develop multiple units? What are the estimated costs for site preparation and development approval? Are there any restrictions on signage or retail frontage for commercial uses? Is there potential for future rezoning or changes in land use policies in the vicinity?

1066-1074 Main Road, Eltham, Vic 3095 - More Details

$2,250,000 - $2,350,000

The Last Eltham land of its kind.

Step into a remarkable investment opportunity nestled in the vibrant heart of Eltham's retail and lifestyle hub.

This exceptional landholding in the Activity Centre Zone - Schedule 1 (ACZ1) encompasses approximately 1,407sqm and features dual street frontages, including convenient access to the bustling Main Road-Eltham's primary commercial & residential thoroughfare. Ideally located in one of Melbourne's most dynamic suburban tree top centres, this site is surrounded by a rich tapestry of retail, transport, education, and lifestyle amenities, making it the perfect foundation for a groundbreaking project.

What sets this site apart is its unlimited potential for any legacy build or development you desire.

Whether it's commercial facilities or shop fronts, multi level appartments, restraunts, child care, town house development,wellness centre or whatever your creative plannng desire is (STCA)

It's a prime opportunity to tap into the soaring demand for high-quality urban living in sought-after suburban markets while achieving robust commercial returns through a retail facade along the high-visibility Main Road. With scope to also redesign the activity centre for your own custom project the possibilities are truly limitless. The strategic location enhances its appeal further.

Your future development will be positioned right next to national retail giants like Coles, Woolworths, Aldi, Chemist Warehouse, and leading banks, ensuring a steady flow of foot traffic throughout the week. Plus, with Eltham Railway Station just a short walk away and seamless connections to the Eastern Freeway and Melbourne Ring Road, accessibility to the broader metropolitan area is unparalleled, making this location highly attractive to both residents and retail operators.

Eltham's reputation for excellent education adds another layer of value. The area is home to prestigious institutions such as Eltham High School, Eltham College, and St. Helena Secondary College, drawing families eager for quality schooling in close proximity.

Make your mark on Eltham!
Type
Residential Land
Area
1,407 m²

Price guide

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