33 Cherry Lane, Gisborne, Vic 3437

$2,000,000 - $2,200,000

Residential Land
Type
4,451 m²
Area

Published on Friday, June 26, 2026 ( See property details for 33 Cherry Lane, Gisborne, Vic 3437)

$2,000,000 - $2,200,000

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A rare opportunity to acquire a prime elevated landholding in Gisborne with approved plans for a 10-unit development and breathtaking scenic views.

🏡 Property Highlights

  • Approved 10-unit development with a mix of double-storey and single-storey residences
  • Elevated land with stunning views over Gisborne township and Jackson Creek to Mount Gisborne
  • Prime rectangular landholding of approximately 4,451m² (just over 1 acre)
  • Strategic location within walking distance to bus stops, childcare, shops, and cafes
  • Close proximity to Gisborne train station and multiple schools including Gisborne Primary and Secondary College
  • Designed to maximise site scale, outlook, and landscape integration

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Pet-Friendly
  • Low-Maintenance Yard

Gisborne is a thriving suburb renowned for its scenic beauty, strong community vibe, and excellent amenities. It offers a perfect balance of rural charm and urban convenience, with easy access to Melbourne CBD. The area boasts quality schools, parks, and local shops, making it ideal for families and investors alike. Its elevated position provides stunning views of the Macedon Ranges, enhancing the lifestyle appeal. With ongoing growth and development, Gisborne remains a highly sought-after location for both living and investment.

What is the scope of the approved development on this land?
The approved plans include 10 dwellings, comprising 8 double-storey residences and 2 single-storey homes, designed to maximise the site's outlook and landscape features.
Are there any restrictions or covenants associated with this development site?
The land has approved development plans supported by a material, colour, and landscaping schedule, with any additional restrictions detailed in the planning permits.
What are the key features of the proposed residences?
The residences are designed with open-plan living, modern finishes, and take advantage of the elevated outlooks and scenic views.
Is the land suitable for further development or subdivision?
The land is approved for a 10-unit development, with a rectangular shape and ample space, making it suitable for further development subject to planning approval.
What amenities and services are nearby?
The property is within walking distance to bus stops, childcare, shops, cafes, supermarkets, and is close to Gisborne train station and multiple schools.
Are there any additional costs or fees associated with the development approval process? Has the land been tested for soil stability and drainage suitability? Are there any existing easements, covenants, or zoning restrictions that could impact future development? Is there any history of flooding or bushfire risk in this area? Are there any planned nearby developments or infrastructure projects that could affect the property’s value or outlook? What are the council requirements for completing the development, including permits and compliance? Are there any existing environmental or heritage overlays affecting the site? What are the ongoing maintenance costs for the landscaped areas and shared facilities? Is the land title clear of any encumbrances or legal issues? Are there any restrictions on building heights or design that could limit future modifications?

33 Cherry Lane, Gisborne, Vic 3437 - More Details

$2,000,000 - $2,200,000

Positioned on Cherry Lane with elevated outlooks over Gisborne township, this approved 10-unit development presents a rare opportunity on 4,451m2 (approx.), or just over 1 acre (approx.), with a prized rectangular landholding backing onto stunning views across Jackson Creek to Mount Gisborne.

The endorsed plans comprise 10 dwellings, including 8 double-storey residences and 2 single-storey homes, supported by a tasteful material and colour schedule and a complete landscaping plan. Designed to maximise the site's scale, shape, and outlook, the development offers strong lifestyle appeal in a premium Gisborne setting.

Its location places future residents within walking distance of bus stops and Swinburne Avenue Children's Centre, while remaining close to the train station, Gisborne village shops and cafés, supermarkets, and a strong selection of schools. The property is zoned for New Gisborne Primary School and Gisborne Secondary College and is also close to Gisborne Montessori School and Holy Cross Catholic Primary School.

Lifestyle appeal is paramount, with Gisborne's everyday ease enhanced by Macedon Ranges views, green space, and proximity to established amenities, with a compelling balance of township connection and scenic beauty. With Melbourne's CBD around a 45-minute drive away, it is a significant approved project in one of Gisborne's most desirable growth settings.
Type
Residential Land
Area
4,451 m²

Price guide

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