54 Rankin Road, Boronia, Vic 3155

$1,900,000 - $2,090,000

Residential Land
Type
2,507 m²
Area

Published on Thursday, September 17, 2026 ( See property details for 54 Rankin Road, Boronia, Vic 3155)

$1,900,000 - $2,090,000

Adam Percy Property Consultant, Auctioneer
Mark Hughes Licensed Estate Agent, Auctioneer
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare development opportunity in Boronia with approved plans for 16 townhouses on a substantial 2,507 m² site, perfectly positioned for growth and investment.

🏡 Property Highlights

  • Plans submitted for 16 townhouses, ready for development approval
  • Substantial 2,507 m² landholding combining two titles
  • Prime location close to Boronia Station, shopping, and parks
  • Ideal for developers, builders, or investors seeking a shovel-ready project
  • Excellent connectivity via Eastlink and Burwood Highway
  • Strong rental and resale demand in the area

✨ Key Features

  • Development plans lodged with Knox City Council
  • Shovel-ready development opportunity
  • Close to public transport and amenities
  • Located in a tightly-held, established suburb
  • Suitable for townhouse development targeting various buyer segments
  • Positioned for strong rental and resale potential
  • Combines two adjoining titles for a larger landholding
  • Easy access to major transport routes
  • Located near schools, shopping, and parkland
  • Potential for a high-density residential project

Boronia is a leafy, established suburb renowned for its excellent transport links, shopping precincts, schools, and recreational parks. Its strong community feel and ongoing demand for housing make it an attractive location for townhouse developments. The area offers easy access to major roads like Eastlink and Burwood Highway, ensuring seamless connectivity to Melbourne’s CBD and outer suburbs. With a proven track record of high rental and resale demand, Boronia continues to be a sought-after destination for first-home buyers, downsizers, and young families. Its well-planned infrastructure and vibrant local amenities support sustainable growth and investment potential.

What is the current zoning and development approval status for this site?
The site has plans submitted to Knox City Council for a 16-townhouse development, which are deemed to comply under the new townhouse code, streamlining the approval process.
Are there any restrictions or covenants on the land?
All relevant restrictions or covenants should be verified through due diligence with local council and legal advisors, as the current information is based on submitted development plans.
What are the potential costs involved in obtaining council approval?
Costs may include application fees, planning permits, and any required site-specific assessments. It is recommended to consult with a town planner or development specialist for detailed estimates.
Is there any existing infrastructure or services on the land?
Details regarding existing infrastructure such as water, sewer, and electricity connections should be confirmed through site inspections and discussions with service providers.
What is the expected timeline for development approval and construction?
While the plans are lodged, approval timelines can vary; typically, council approval may take several months, followed by construction periods depending on the project scope.
Are there any zoning restrictions or planning overlays that could impact the development potential? Have any environmental or heritage assessments been conducted on the site? Are there any easements, covenants, or rights of way affecting the land? What are the local council’s requirements for stormwater management and infrastructure contributions? Is the land prone to flooding or bushfire risks, and have these been assessed? Are there any upcoming planning or infrastructure projects in the area that could affect the site? What are the strata or body corporate considerations if the development proceeds? Are there any existing encumbrances or liens on the property? Has a recent land survey been completed to confirm boundaries and land size? Are there any restrictions on building height, design, or density imposed by local planning policies?

54 Rankin Road, Boronia, Vic 3155 - More Details

$1,900,000 - $2,090,000

DEVELOPMENT OPPORTUNITY | PLANS SUBMITTED FOR 16 TOWNHOUSES

A rare opportunity to secure a substantial development site in the heart of Boronia, with plans already submitted to Council for a 16-townhouse project deemed to comply under the new townhouse code. Taking the guesswork and delay out of your next development.

Combining two adjoining titles, this generous landholding gives astute developers and builders a head start on a project ready to move through the planning process, in a location that continues to attract strong first home owner-occupier and rental demand.

Owners are happy to consider offers subject to council approval.

Key Highlights:

• Development plans lodged with Knox City Council for up to 16 townhouses.
• Ideal for developers, builders, or investors seeking a shovel-ready opportunity.
• Positioned in a tightly-held pocket close to Boronia Station, Boronia Mall, schools, and parkland.
• Easy access to the Eastlink and Burwood Highway for city and outer-suburb connectivity.
• Strong rental and resale demand in the surrounding area.

Location:

Boronia offers the appeal of a leafy, established suburb with excellent transport links, shopping, schools, and recreation - a proven formula for townhouse projects targeting downsizers, first-home buyers, and young families alike.

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.
Type
Residential Land
Area
2,507 m²

Price guide

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