Positioned in the highly sought-after Karaka Harbour Side, this exceptional 1.0330-hectare (more or less) property presents a rare combination of residential comfort, investment income and future development potential.
The land is Mixed Housing Suburban zoned, with a gently contoured, regularly shaped site providing an excellent platform for future development, subject to the necessary planning and council approvals. With subdivision and development activity already taking place in the surrounding area, the property offers an exciting opportunity for investors, developers and land bankers looking to secure a substantial holding in one of Karaka's rapidly evolving locations.
The existing home provides comfortable living and practical functionality, making the property an attractive proposition while you consider its longer-term potential. A double garage provides secure parking and valuable additional storage.
Adding further appeal is the existing stable rental income, allowing the property to generate an immediate return while the land's future potential is assessed.
Property Highlights:
1.0330 hectares (more or less)
Mixed Housing Suburban zoning
Gently contoured and regularly shaped land
Strong future development and subdivision potential, subject to approvals
Existing comfortable residential dwelling
Double garage
Stable tenant and rental income
Development activity in the surrounding area
Sought-after Karaka Harbour Side location
Convenient access to motorway connections
Close to ACG Strathallan College and other amenities
An attractive opportunity for developers, investors and land bankers
Whether you're looking for a substantial residential holding, an income-producing investment or a strategic landholding with future development potential, this property deserves your attention.
Opportunities of this scale and zoning in Karaka are becoming increasingly difficult to secure.
Contact us today for further information or to arrange your private viewing.
Deadline Sale (unless sold prior) 22/10/2026 @ 2.00pm
Disclaimer - All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents. The website may have filtered the property into a price bracket for website functionality purposes.