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47 Lake Street, Avondale Heights, Vic 3034 For Sale

47 Lake Street, Avondale Heights, Vic 3034

$800,000 - $880,000

Residential Land
Type
585 m²
Area

Last updated on Wednesday, August 05, 2026 ( See property details for 47 Lake Street, Avondale Heights, Vic 3034)

$800,000 - $880,000

DAVID GIGLIOTTI - Real Estate Agent - Moonee Valley Real Estate - Avondale Heights
DAVID GIGLIOTTI SALES MANAGER / LICENSED ESTATE AGENT
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Auction Saturday 5 September at 11:00 am | View All

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

A rare 585sqm parcel in Avondale Heights offering flexible development options in a highly sought-after location.

🏡 Property Highlights

  • Prime 585sqm allotment in sought-after Avondale Heights street
  • Partially completed dual-occupancy development with framing and roofing
  • Flexible options to proceed with existing plans, redesign, or start anew
  • No Melbourne Airport Overlay, allowing broader development potential
  • Excellent location near shopping centres, schools, parks, and river precinct
  • Ideal for developers, owner-builders, or families seeking a premium land parcel

✨ Key Features

  • Waterfront / Views
  • Open-Plan Living
  • Built in robes
  • Ensuite
  • Outdoor Area
  • Garage
  • Air Conditioning
  • Security Screens / Gates
  • Fly Screens
  • Fully fenced

Avondale Heights is a highly desirable suburb known for its leafy streets, proximity to the Maribyrnong River, and excellent amenities. It offers a peaceful, family-friendly environment with quality schools, shopping centres, and parklands. The area boasts easy access to public transport and major freeways, making it ideal for commuters and those seeking a vibrant yet tranquil lifestyle. Its tightly held streets and strong community spirit make it a premier location for both living and development.

What are the future development possibilities for this land?
The land offers flexibility to proceed with existing approved plans, redesign to suit your vision (STCA), or start a new project, with no Melbourne Airport Overlay restricting development options.
Is the property suitable for building a family home?
Yes, the large 585sqm allotment provides ample space to create a custom family residence in a highly sought-after neighbourhood.
What amenities are nearby?
The property is close to Milleara and Avondale Heights Shopping Centres, quality schools including Avondale Primary School and Essendon Keilor College, parklands, the Maribyrnong River, public transport, and major freeways.
Are there any restrictions or overlays affecting the site?
The site is free from the Melbourne Airport Overlay, allowing broader development options and greater flexibility.
Can I start building immediately?
The property has a partially completed dual-occupancy with framing and roofing, so you can choose to continue with the existing plans or start fresh.
Are there any hidden costs or additional fees associated with the development approval process? Have all necessary permits and approvals been obtained, and are there any pending applications? Are there any easements, covenants, or zoning restrictions that could impact future development? Is the land prone to flooding or bushfire risks in this area? Are there any upcoming planning or construction projects nearby that could affect the property’s value or enjoyment?

47 Lake Street, Avondale Heights, Vic 3034 - More Details

$800,000 - $880,000

Positioned in one of Avondale Heights' most sought-after and tightly held streets, this remarkable 585sqm (approx.) allotment presents a rare opportunity to secure a substantial parcel of land with flexibility rarely found in today's market.

Currently improved with a partially completed dual-occupancy development, including framing and roofing works already commenced, the property is being offered as-is, providing buyers with the freedom to determine its future direction. Continue with the existing approved plans and permits, redesign to better suit your vision (STCA), or start afresh and create the dream family residence you've always imagined.

Importantly, the site is free from the Melbourne Airport Overlay, opening the door to a wider range of future development possibilities and providing greater flexibility for owner-builders, families and developers alike.

Whether you're seeking your next project, a premium development site, or a blank canvas in a blue-chip location, the opportunity here is undeniable. Land of this size and calibre is becoming increasingly difficult to secure, particularly within the heart of Avondale Heights.

Enjoy the convenience of being moments from Milleara Shopping Centre, Avondale Heights Shopping Centre, quality schools including Avondale Primary School and Essendon Keilor College, public transport, parklands, the Maribyrnong River precinct and easy freeway access.

Opportunities come and go, but a location like Lake Street is forever. Secure the land, explore the options, and create something truly special in one of Avondale Heights' premier addresses.

DAVID GIGLIOTTI - 0411 824 854

Property Code: 4042
Type
Residential Land
Area
585 m²

Price guide

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  • 47 Lake Street, Avondale Heights, Vic 3034

    Saturday 5 September
    11:00 am
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