249 Elizabeth Street, Coburg, Vic 3058 - House for sale - PropertyMate
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For Sale
249 Elizabeth Street, Coburg, Vic 3058
Outstanding Development Opportunity on Approximately 590m² (Stca)
Positioned in one of Coburg North's most sought-after locations, this substantial approximately 590m² allotment presents an exceptional opportunity for developers, builders, land bankers and astute investors.
Whether you're planning a multi-unit development, luxury townhouses, or a bespoke new home (STCA), this property offers the ideal combination of land size, location and future potential.
The existing three-bedroom residence provides immediate rental income or comfortable accommodation while plans and permits are being prepared.
Located in a quiet, family-friendly street, the property enjoys excellent connectivity to public transport, local shopping precincts, quality schools, parklands and major arterial roads, making it an attractive proposition for future purchasers and tenants alike.
Property Highlights: Approximately 590m² of landExcellent development potential (STCA)Ideal site for townhouses or a luxury new residenceExisting three-bedroom home suitable for rental income while planningWide backyard offering outstanding redevelopment possibilitiesHighly sought-after Coburg North location close to schools, shops, transport and parklandsOpportunities of this calibre in established Coburg North are becoming increasingly scarce.Secure your next development site and capitalise on the area's strong demand and ongoing growth.