Perfectly positioned in a quiet, tree-lined pocket just moments from the heart of Mooroolbark, this expansive 836sqm (approx.) allotment presents an exceptional opportunity for developers, investors, and families alike. Complete with approved plans and permits for three contemporary townhouses, the site offers immediate development potential while still accommodating a comfortable, well-maintained residence for those seeking to move in or lease out.
Set back from the street behind mature gardens, the existing home offers surprising space and versatility. A generous living area captures leafy outlooks and is complemented by a dining zone and a second family/meals space warmed by a feature fireplace. The timber kitchen is light-filled and well appointed with ample storage, stainless steel appliances, and an open layout ideal for everyday living.
Three robed bedrooms, including a master with walk-in robe and ensuite, provide excellent family accommodation, supported by a central bathroom finished with timber accents and abundant cabinetry. Wide windows throughout draw in natural light and greenery, creating a warm and welcoming environment.
Outdoors, the elevated covered deck delivers a peaceful setting to relax or entertain while enjoying district views and established garden surrounds. Additional features include a large covered carport on the lower ground level, split-system heating/cooling, ceiling fans, laundry with external access, and a generous backyard with a garden shed.
Centrally located, the property is just a short stroll to Mooroolbark Station, Mooroolbark Terrace Shopping Centre, Hookey Park, and local cafes, with schools, medical services, and the Yarra Ranges all within easy reach.
Whether you're seeking an immediately rentable home, a site to build your future, or a premium development opportunity with all the hard work already done, 20 Central Avenue delivers enormous potential in a high-growth pocket of Mooroolbark.
Added 26 November, 2025
Property ID: #L37414561
