Address Withheld, Strathtulloh, VIC 3338
Strathtulloh 15 Overture Rd, Strathtulloh – Harmony Estate: An Opportunity You Can’t Miss
$14,000,000The phone enquiry code for this property is - 2412
A rare opportunity to acquire a fully DA-approved residential subdivision with substantial infrastructure work already underway, offering immediate development potential and significant cost efficiencies. Harmony Estate, one of Melbourne’s most sought-after growth corridors, presents a high-value proposition with a head start over greenfield sites.
Key Highlights:
DA Approved 71 residential lots with all statutory approvals in place.
GAIC fully settled, saving ~$1 million in upfront contributions.
Sewer Works Underway, ~$2.4 million already invested in essential sewer infrastructure.
Major road infrastructure to be delivered externally, reducing development costs and coordination risks.
Structural Design & Engineering Completed
Estimated Total Savings: ~$9 million compared to typical greenfield subdivisions.
Less than $100K per lot construction cost estimate enabling faster project completion and reduced capital outlay.
Strategic Location
Prime Growth Corridor – West Melbourne
Strathtulloh (VIC 3338) lies approximately 33 km west of Melbourne CBD, within the City of Melton, one of the fastest-growing regions in Greater Melbourne. The suburb benefits from ongoing government infrastructure investment and a strong population growth trajectory.
Connectivity & Amenities:
Close access to the M8 Freeway, ensuring efficient commuter and freight connectivity.
Nearby Cobblebank Village Shopping Centre, Cobblebank Railway Station, and established retail hubs support lifestyle and convenience.
Proximity to growth nodes like Melton, Caroline Springs, and Rockbank enhances long-term residential demand.
Planned schools, parks, and community infrastructure reinforce the estate’s attractiveness to buyers.
Market Dynamics:
Outer Melbourne growth corridors continue to outperform due to relative affordability and robust demand for quality residential lots.
Early-stage infrastructure delivery positions Harmony Estate for faster lot sales and developer return on investment.
Previous stages of Harmony Estate have demonstrated strong market acceptance, underpinning confidence in lot uptake and pricing.
Property Code: 1290