Subscribe to regular market updates.
For Sale - Exclusive to Jellis Craig
FORTHCOMING EXPRESSIONS OF INTEREST
Set across an expansive landholding of approximately 1.14 hectares (11,413sqm), this exceptional property represents a rare and highly sought-after opportunity to secure a permit-approved residential land development site in the heart of Diamond Creek.
The endorsed plans provide for a staged subdivision comprising 11 residential lots plus a balance lot with 2 homes designed, thoughtfully planned to maximise the site’s natural elevation, outlook, and accessibility. Each allotment varies in size and orientation, offering flexibility for a range of housing outcomes in a market with strong demand for quality land supply.
Positioned with a gentle rise and selective tree coverage, the site captures elevated aspects of the distant ranges and leafy surrounds, enhancing its appeal for future purchasers. The subdivision layout incorporates internal road access, services infrastructure, and considered lot configuration, allowing developers to proceed with confidence. Currently, the site offers a substantial home separated into multiple dwellings, and offering the ability to achieve a strong income potential for those looking to land bank the site.
With planning permit approval already in place (Nillumbik Shire Council Ref: 820/2022/14P), significant time and risk associated with the planning process has been mitigated, presenting an outstanding turnkey development opportunity.
Ideally located just moments from Greensborough and St Helena’s retail precincts, schools, and public transport, the property also enjoys convenient access to Diamond Creek central, Eltham, and major arterial routes such as the M80, ensuring strong end-buyer appeal.
Inspection by appointment
St Thomas the Apostle School
251 Diamond Creek Road Greensborough North
Plenty Valley Montessori School
St Helena Secondary College
Wallowa Road Eltham North
Glen Katherine Primary School
Calendonia Drive Eltham North
Diamond Valley Special Developmental School
14-24 Brentwick Drive Greensborough
Diamond Creek Primary School
Clyde Street Diamond Creek
Greenhills Primary School
Mine St Greensborough
Apollo Parkways Primary School
Civic Drive Greensborough
Holy Trinity Primary School
94 Weidlich Road Eltham North
25 Gipson Street Diamond Creek
Eltham North Primary School
Wattletree Road Eltham North
Ironbark Christian School
Pioneer Road Yarrambat
Diamond Creek East Primary School
129-163 Main Hurstbridge Road Diamond Creek
Diamond Valley College
165-179 Main Hurstbridge Road Diamond Creek
Sherbourne Primary School
Outlook Crescent Briar Hill
Briar Hill Primary School
Gladstone Road Briar Hill
Greensborough Primary School
130 Grimshaw Street Greensborough
Catholic Ladies' College Ltd
19 Diamond Street Eltham
Morang South Primary School
77 Gorge Road South Morang
210 Grimshaw Street Greensborough
St Francis Xavier's School
90 Mayona Road Montmorency
Greensborough Secondary College
Nell Street Greensborough
Eltham East Primary School
Grove Street Eltham
Watsonia Heights Primary School
Henry Street Greensborough
Montmorency Primary School
Rattray Road Montmorency
Our Lady Help of Christians School
1-13 Henry Street Eltham
Strathewen Primary School
Reynolds Road Wattle Glen
Wattle Glen Primary School
Reynolds Road Wattle Glen
Plenty Parklands Primary School
48 Blossom Park Drive Mill Park
Montmorency Secondary College
Para Road (entry From Dobsons Road) Montmorency
We have over 2.6 million contacts in the database that we can contact about your exclusive listing.