Opportunities like this, right in the heart of Johnsonville, are becoming near impossible to find.
- 863m2 (more or less) of flat land
- 15.6m2 (approx) of road frontage
- High density zone
- 22m height control
Just a one-minute walk from central Johnsonville, this substantial 863m² flat site offers an exciting opportunity for developers, investors and those looking to secure a prime piece of land with significant future potential.
Currently occupying the site is a tidy three-bedroom cottage in a tidy condition and healthy homes compliant, complete with a garage. This was rented until a few weeks ago at $750pw offering good cash flow while other options are explored and planned.
OPTION 1 - MAXIMISE THE DEVELOPMENT POTENTIAL
Remove the existing dwelling and explore a comprehensive development of the site, with preliminary potential for 11 or more townhouses, or investigate the possibility of an apartment complex as this property sits in the high density zone.
OPTION 2 - RETAIN THE HOME & DEVELOP THE REAR
Keep the existing two-bedroom cottage and its cash flow and explore development opportunities on the substantial land to the rear. An appealing option for those looking to balance an existing dwelling with the potential to create additional housing.
OPTION 3 - HOLD TODAY, DEVELOP TOMORROW
Retain the existing home, explore rental income opportunities and land bank this superbly positioned site for the future. Secure a sizeable parcel of flat land in a highly convenient location while keeping your options open.
OPTION 4 - COME ALONG WITH YOUR OWN PLAN!
THE LOCATION
Just moments from central Johnsonville, shops, supermarkets, cafes, public transport and everyday amenities are all within an easy walk.
Whether you're a developer seeking your next project, an investor with an eye on future growth or someone looking to secure a strategically located landholding, 38 Dr Taylor Terrace offers a blue chip Johnsonville location and plenty of exciting possibilities.
863m² of flat land. Three potential pathways. One outstanding location.
All development options, including potential dwelling numbers, are indicative only and subject to independent due diligence, planning requirements and all necessary consents and approvals.
Tender closes 12pm Thursday 3 December 2026 (unless sold prior)
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