7-9 Powlett Street, Maddingley, VIC 3340
Maddingley 4Kwarto Prime Development Opportunity Awaits
$1,100,000An exceptional development site brimming with potential, this rare offering is perfectly suited to the astute developer or investor. With its outstanding location, generous proportions, and impressive 61m frontage, the possibilities to bring your vision to life are endless.
Key Features
- Expansive 2,070m² allotment with wide 61m frontage
- Strategic location: moments from Bacchus Marsh Train Station, ensuring excellent connectivity
- Educational hub: just around the corner from Bacchus Marsh College and close to Bacchus Marsh Grammar
- Healthcare nearby: short distance to Bacchus Marsh Hospital
- Existing improvements: serviceable 4-bedroom home with extensive shedding and secure long-term tenants
- Original residence positioned in the front corner of the block, leaving ample space for future development
Development Potential
- Existing town planning permit for 7 additional townhouses (while retaining the existing home) – plans and permits available for viewing
- Proposed 2-lot subdivision – draft plans available
- Zoning: GRZ3 (General Residential Zone – Schedule 3)
Why This Property?
Opportunities of this calibre are few and far between. Whether you pursue townhouse development, subdivision, or a long-term landbanking strategy, this property is a chance to secure a premium site in one of Bacchus Marsh/Maddingley's most in-demand pockets.
Take advantage of the region's strong growth, vibrant community, and proven demand – and transform this blank canvas into something truly remarkable.