50 Maxweld Street, Ardeer VIC

SOLD AT AUCTION BY JUSTIN LUCIEW. Positioned in the heart of Ardeer, this high exposure 542m² (approx.) corner allotment offers a rare opportunity to secure a flexible development site within the highly sought-after Commercial 1 Zone. Ideal for developers, investors, and land bankers, this property presents multiple avenues to add value and capitalise on its prime positioning. Key Features: *Prominent corner location with excellent exposure *Substantial land size: 542m² (approx.) *Commercial 1 Zoning – broad range of permitted uses (STCA) *Existing retail shop + 2-bedroom residence *Exceptional redevelopment potential The Opportunity: *Renovate the shop and residence to create dual income streams *Occupy and improve while land banking for future growth *Lease out and generate holding income *Fully redevelop into a mixed-use project (STCA) including retail, office, hospitality, or residential Property Condition: *Retail Shop: Extensively fire-damaged; requires structural assessment to determine restoration or demolition *Residence: Not fire-affected, however in poor condition and requiring full renovation or potential rebuild (STCA) *Location Highlights – Ardeer 3022 *Under 14km to Melbourne CBD *Under 20 minutes via Ardeer railway station *Easy access to local bus services & Western Ring Road *Close to Sunshine Hospital *Two primary schools within walking distance *Nearby kindergarten & childcare facilities *Moments to Costco Ardeer *Approx. 20 minutes to Melbourne Airport *Quality secondary schools nearby *Surrounded by parklands, nature reserves & green open spaces This is a rare chance to secure a versatile site in a growing location with strong upside and flexible future use. Sold As Is. Unlock the potential – opportunities like this are rarely offered. DOUGLAS KAY 280 HAMPSHIRE ROAD SUNSHINE VIC 3020 Read More