For Sale

18 Speargrass Avenue, Wallan, Vic 3756

$495,000 - $544,500

Residential Land

Type

874 m²

Area

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

$495,000 - $544,500

View the agent price guide.

Elly Amiri - Real Estate Agent - Zed Real Estate - HAMPTON EAST

Elly Amiri Property Consultant

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Ryan Mohammed - Real Estate Agent - Zed Real Estate - HAMPTON EAST

Ryan Mohammed Associate Agent to Elly Amiri

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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 development site in Wallan offering approved plans for three contemporary townhouses on a spacious 874sqm block, ready for immediate construction.

🏡 Property Highlights

Ready-made development opportunity with approved plans for three townhouses
Substantial 874sqm allotment with wide 21-metre frontage
Immediate construction commencement with all documentation prepared
Strategically located in the thriving northern corridor of Wallan
Close to quality schools, shopping, parklands, and public transport
Ideal for investors and builders seeking high-growth potential

✨ Key Features

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

Suburb and Property Insights of Wallan, VIC 3756

Wallan is a rapidly expanding suburb in Melbourne's northern growth corridor, renowned for its strong community vibe, excellent schools, and convenient amenities. The area offers excellent public transport links, including train services, making it ideal for commuters. Surrounded by parks and shopping precincts, Wallan provides a balanced lifestyle with significant future growth prospects. Its strategic location makes it a highly desirable choice for families, investors, and developers seeking long-term value.

Frequently Asked Questions

What is the current zoning and development approval status for this site?

The site has approved plans and permits for three architecturally designed townhouses, allowing immediate commencement of construction.

Are there any restrictions or easements affecting the property?

All relevant geotechnical reports and documentation have been prepared, but buyers should verify any specific easements or restrictions during their due diligence.

What are the expected holding costs and potential returns?

With all documentation in place and no approval delays, holding costs are minimized, and the high-growth location offers strong future return prospects for investors.

Is there any ongoing or planned development nearby that could impact the property?

The area is part of Melbourne's rapidly expanding outer growth corridor, with ongoing development supporting increased demand and value appreciation.

What are the key features of the approved townhouses?

The approved plans feature contemporary styling, generous floorplans, and functional layouts, each approximately 24 squares in size.

What to ask about this property to agent?

Are there any hidden costs or additional fees associated with the development approval process? Has the site been inspected for environmental or flood risks that could affect construction? Are there any local planning restrictions or upcoming zoning changes that could impact the project? Is there any history of disputes or issues with the title or boundaries of the land? Are there any planned infrastructure projects or developments nearby that could influence property value or construction timelines?

18 Speargrass Avenue, Wallan, Vic 3756 - More Details

$495,000 - $544,500

Type: Residential Land
Area: 874 m²

Price guide

View Statement Of Information

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18 Speargrass Avenue, Wallan, Vic 3756 - Point Of Interest

Locate Near By Places of 18 Speargrass Avenue, Wallan, Vic 3756 On Map

Your Commute at a Glance: 18 Speargrass Avenue, Wallan, Vic 3756

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Elly Amiri

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18 Speargrass Avenue, Wallan, Vic 3756

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