Lot 1, 44 Banks Road, Eltham North, Vic 3095

ESR: $480,000 - $525,000

Residential Land
Type

Published on Friday, September 04, 2026 ( See property details for Lot 1, 44 Banks Road, Eltham North, Vic 3095)

ESR: $480,000 - $525,000

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A rare, approved building allotment in Eltham North offering a prime opportunity to construct a custom luxury home in a highly sought-after location.

🏡 Property Highlights

  • Approved plans and permits for a luxury home, saving time and effort
  • Prime 444m² vacant allotment in sought-after Eltham North
  • Short walk to parklands, riverside tracks, and public transport
  • Zoned for top schools: St Helena Secondary College and Eltham North Primary
  • Flexible building options to suit various budgets and lifestyles
  • Close proximity to Eltham's vibrant town centre and station

✨ Key Features

  • Double garage
  • Alfresco area
  • Large kitchen
  • Fitted laundry
  • Two bathrooms
  • Two living areas
  • All services available/connected
  • Zoned to top schools
  • Short walk to parklands and trails
  • Vacant land ready for construction

Eltham North is a highly desirable suburb known for its family-friendly atmosphere, lush parklands, and excellent schools. Residents enjoy a peaceful lifestyle with easy access to riverside trails, local shops, and public transport, all within minutes of Eltham’s vibrant town centre. The area offers a perfect blend of natural beauty and convenience, making it ideal for families and professionals alike.

What is included in the approved plans and permits?
The approved plans include a four-bedroom, two-bathroom home with two living zones, a large kitchen, laundry, alfresco area, and a double garage, ready for construction.
Can I choose my builder and start construction immediately?
Yes, with the permits and plans approved, you can select your builder and commence work on the settlement date.
What services are available on the property?
All essential services are available and connected, including water, electricity, and sewerage.
Is the land suitable for any type of construction?
Yes, the land is zoned for residential use and is suitable for building a custom home according to the approved plans.
What are the nearby amenities and transport options?
The property is within walking distance to parklands, riverside trails, bus stops, and just minutes from Eltham station and town centre.
Are there any additional costs for connection or development fees not included in the purchase price? Are there any restrictions or covenants on the land that could affect building plans? Has the land been tested for soil stability and drainage suitability? Are there any upcoming planning or development proposals in the area that could impact the neighbourhood? Is the property located in a flood or bushfire-prone zone, and what precautions are recommended?

Lot 1, 44 Banks Road, Eltham North, Vic 3095 - More Details

ESR: $480,000 - $525,000

Expressions of Interest: Offers Close Tuesday 6th October at 5pm (Unless Sold Prior)

Nestled in the highly sought-after Eltham pocket, this rare vacant 444 m² (approx.) allotment will be sold with approved plans and permits for a luxury home.

The red tape has been cut, saving you time, money and, most of all, the frustration of the approval process, allowing you to choose your builder and start work on the day of settlement.

Designed specifically for the allotment and comprising four bedrooms, two bathrooms, two expansive living zones and a basement double garage, buyers can build to a level of finish that suits their budget.

Set within the sought-after catchment areas for St Helena Secondary College and Eltham North Primary, and a short walk from parklands, riverside tracks and trails, and the bus, you can embrace a lifestyle of enticing convenience, just minutes from the heart of Eltham and everything it has to offer, including the station.

Whether you're dreaming of a sanctuary for the family or searching for a project to construct a property that will satisfy astute buyers seeking quality, move-in-ready homes in a premium pocket, this is a compelling opportunity!

• 444m2 allotment (approx.)
• All services available/connected
• Zoned to St Helena Secondary College and Eltham North Primary
• A short walk from parklands, riverside tracks and trails, and the bus
• Just minutes from the heart of Eltham including the station
• Four bedrooms
• Two bathrooms
• Two living areas
• Large kitchen
• Fitted laundry
• Alfresco area
• Double garage
• Buyers can build to a level of finish that suits their budget
• Suit owner occupier or builder in search of a project



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