518 Doncaster Road, Doncaster, Vic, 3108

​ ​​ ​​ ​​ ​​ ​​ ​Occupying​ ​a​ ​prominent​ ​corner​ ​allotment​ ​of​ ​approximately​ ​756sqm,​ ​this​ ​outstanding​ ​property​ ​combines​ ​a​ ​beautifully​ ​updated​ ​family​ ​residence​ ​with​ ​significant​ ​future​ ​development​ ​potential​ ​in​ ​one​ ​of​ ​Doncaster’s​ ​most​ ​established​ ​growth​ ​corridors.

Its​ ​favourable​ ​natural​ ​slope,​ ​extensive​ ​frontage,​ ​corner​ ​configuration​ ​and​ ​Residential​ ​Growth​ ​Zone​ ​Schedule​ ​2​ ​zoning​ ​provide​ ​a​ ​compelling​ ​foundation​ ​for​ ​a​ ​premium​ ​residential​ ​development​ ​outcome​ ​(STCA).​ ​Positioned​ ​along​ ​a​ ​major​ ​eastern​ ​arterial​ ​and​ ​surrounded​ ​by​ ​ongoing​ ​residential​ ​investment,​ ​the​ ​property​ ​presents​ ​an​ ​increasingly​ ​rare​ ​opportunity​ ​for​ ​developers,​ ​investors​ ​and​ ​land-bankers​ ​seeking​ ​both​ ​immediate​ ​value​ ​and​ ​long-term​ ​potential.

The​ ​existing​ ​home​ ​is​ ​presented​ ​in​ ​excellent​ ​condition,​ ​offering​ ​the​ ​flexibility​ ​to​ ​occupy​ ​or​ ​lease​ ​while​ ​future​ ​plans​ ​are​ ​considered.​ ​Light-filled​ ​interiors​ ​include​ ​multiple​ ​living​ ​zones,​ ​spacious​ ​bedrooms,​ ​a​ ​dedicated​ ​study,​ ​two​ ​contemporary​ ​bathrooms​ ​and​ ​a​ ​stylish​ ​modern​ ​kitchen​ ​featuring​ ​stone​ ​benchtops,​ ​stainless-steel​ ​appliances,​ ​extensive​ ​cabinetry​ ​and​ ​a​ ​generous​ ​breakfast​ ​bar.

Outside,​ ​an​ ​expansive​ ​lawn,​ ​covered​ ​entertaining​ ​area​ ​and​ ​substantial​ ​off-street​ ​parking​ ​complete​ ​the​ ​property’s​ ​current-day​ ​appeal.

Within​ ​walking​ ​distance​ ​of​ ​Westfield​ ​Doncaster​ ​and​ ​close​ ​to​ ​cafés,​ ​restaurants,​ ​schools,​ ​parks​ ​and​ ​public​ ​transport,​ ​the​ ​location​ ​also​ ​provides​ ​excellent​ ​access​ ​to​ ​Doncaster​ ​Park​ ​&​ ​Ride,​ ​the​ ​Eastern​ ​Freeway​ ​and​ ​Melbourne​ ​CBD.

Key​ ​Highlights
-​ ​Substantial​ ​corner​ ​allotment​ ​of​ ​approximately​ ​756sqm
-​ ​Residential​ ​Growth​ ​Zone​ ​Schedule​ ​2
-​ ​Extensive​ ​street​ ​frontage​ ​and​ ​prominent​ ​exposure
-​ ​Favourable​ ​natural​ ​slope​ ​suited​ ​to​ ​future​ ​development
-​ ​Scope​ ​for​ ​a​ ​premium​ ​residential​ ​development​ ​outcome​ ​(STCA)
-​ ​Outstanding​ ​opportunity​ ​for​ ​developers,​ ​investors​ ​and​ ​land-bankers
-​ ​Existing​ ​home​ ​in​ ​excellent,​ ​immediately​ ​rentable​ ​condition
-​ ​Potential​ ​to​ ​generate​ ​income​ ​while​ ​pursuing​ ​future​ ​plans
-​ ​Multiple​ ​light-filled​ ​living​ ​areas​ ​and​ ​dedicated​ ​study
-​ ​Modern​ ​stone-finished​ ​kitchen​ ​and​ ​two​ ​contemporary​ ​bathrooms
-​ ​Generous​ ​outdoor​ ​space​ ​and​ ​ample​ ​off-street​ ​parking
-​ ​Walking​ ​distance​ ​to​ ​Westfield​ ​Doncaster
-​ ​Close​ ​to​ ​schools,​ ​transport​ ​and​ ​the​ ​Eastern​ ​Freeway
-​ ​Positioned​ ​within​ ​an​ ​established​ ​residential​ ​growth​ ​corridor
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