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Prime residential subdivision site for sale in Melbourne's thriving Donnybrook-Woodstock precinct

Jess Freeman • 04/04/2025

1343-1345 Donnybrook Road, Woodstock VIC

A prime residential subdivision site in Woodstock, VIC, is set to hit the market, presenting an outstanding opportunity for developers and investors looking to capitalise on Melbourne’s rapidly growing residential sector.

Zoned and primed for residential development, the 26,700sqm* site at 1343-1345 Donnybrook Road is PSP-approved and ready for immediate development or land banking. Boasting over 100 metres of street frontage along Donnybrook Road, it is strategically positioned within the highly sought-after Donnybrook-Woodstock Precinct.

“This is a standout opportunity in a rapidly expanding area. With major infrastructure projects underway and sustained demand for residential living, it’s the ideal location for those looking to secure long-term value,” said Cameron Zamora of Cushman & Wakefield, who is managing the sale alongside colleague Jeff Ha on behalf of two privates who are both locals in the area, Vansh Popli and Harsimran Singh.

The site also benefits from significant open space (parkland) creditable areas, with an estimated value over $3 million (approx.). Combined with its proximity to major arterial roads—including Epping Road, the Hume Freeway, and Plenty Road—the site presents an attractive proposition for developers catering to Melbourne’s growing northern suburbs.

Buyers will also benefit from the presence of leading developers already active in the precinct, including YourLand, Mirvac, Stockland, Satterley and Livv Developments. These groups have heavily invested in the area, driving consistent growth and demand for new residential communities.

“The site's level topography makes it easy to develop and construct, offering a compelling opportunity for developers and land bank investors,” said Jeff Ha. “With no cultural heritage overlays, the planning and approval process is streamlined, further enhancing its appeal.”

The property is being offered for sale through Expressions of Interest (EOI), closing at 12pm on Wednesday, 30 April 2025. The guide price is circa $6.5 million - $7 million.


*Approx.

 

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2024, the firm reported revenue of $9.4 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.

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