Property for Sale

5 Pennell Avenue, ST ALBANS, VIC 3021

  • 751
  • 3
  • 1
  • 1
  • 1

$730,000 to $770,000

Prime Development Opportunity in Growth Zone!

Located in the heart of St Albans' rapidly growing Activity Centre Zone, this exceptional 751m² (approx.) allotment presents an outstanding opportunity for investors, developers, and builders alike. Zoned for high-density development (RGZ), it offers the perfect foundation to build modern townhouses or a multi-unit project (STCA), capitalising on the area's booming demand.

Just moments from St Albans train station, Alfrieda Street shops, Victoria University, schools, and parks, this blue-chip location ticks every box for convenience and lifestyle appeal.

With strong rental demand and excellent resale potential, this is your chance to secure a future-forward investment in one of Melbourne's most promising suburbs. Townhouse development is highly recommended to maximise return in this thriving corridor.

Opportunities like this don't last long - act now and unlock the full potential of this prime landholding.

DISCLAIMER: Every precaution has been taken to ensure the accuracy of the above information; however, it does not constitute any representation by the landlord, agent, or agency. Please refer to the contract and the conveyancer for material facts. Added 04 August, 2025 Property ID: #L35529078

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Open for Inspection

  • 27 September, 2025 — 09:00 AM to 09:20 AM
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Harcourts SAS Deer Park

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Est. bond $1920
  • 751
  • 3
  • 1
  • 1
  • 1

Property for Sale

5 Pennell Avenue, ST ALBANS, VIC 3021

$730,000 to $770,000

Prime Development Opportunity in Growth Zone!

Located in the heart of St Albans' rapidly growing Activity Centre Zone, this exceptional 751m² (approx.) allotment presents an outstanding opportunity for investors, developers, and builders alike. Zoned for high-density development (RGZ), it offers the perfect foundation to build modern townhouses or a multi-unit project (STCA), capitalising on the area's booming demand.

Just moments from St Albans train station, Alfrieda Street shops, Victoria University, schools, and parks, this blue-chip location ticks every box for convenience and lifestyle appeal.

With strong rental demand and excellent resale potential, this is your chance to secure a future-forward investment in one of Melbourne's most promising suburbs. Townhouse development is highly recommended to maximise return in this thriving corridor.

Opportunities like this don't last long - act now and unlock the full potential of this prime landholding.

DISCLAIMER: Every precaution has been taken to ensure the accuracy of the above information; however, it does not constitute any representation by the landlord, agent, or agency. Please refer to the contract and the conveyancer for material facts. Added 04 August, 2025 Property ID: #L35529078

Spencer Nguyen Harcourts SAS Deer Park

Tony Demetriou Harcourts SAS Deer Park

Open for Inspection

  • 27 September, 2025 — 09:00 AM to 09:20 AM
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Harcourts SAS Deer Park

Office Harcourts SAS Deer Park

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Need to sell before you Buy?

If you like what you see, but know you'll need to sell before buying, why not find out what you could be sitting on today with an instant Digital Property Appraisal, highlighting the market value including the recent sales, rental history, suburb insights and more.