126 Coburns Road, Melton, VIC 3337 | Commercial for sale | OnTheHouse
 
FOR SALE
$700,000 - $750,000

126 Coburns Road
Melton VIC 3337

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 553m2
Land area: 553m2
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Unlock the Potential - Premium Mixed Use Zoning

126 Coburns Road, Melton presents a rare and strategic opportunity to secure a substantial landholding in a prime, high-exposure location within a Mixed Use Zone. Currently occupied by an existing residential dwelling in need of renovation, the property offers immediate holding income or renovation potential, while unlocking significant upside for future redevelopment (STCA).
The Mixed Use zoning opens the door to a wide range of possibilities including residential development, medical or professional suites, retail, office space, or a combination of uses, making this an ideal proposition for developers, investors, or owner-occupiers seeking flexibility and long-term growth. Positioned along a major arterial road with strong passing traffic, the site benefits from excellent visibility and accessibility, further enhancing its development appeal.
Whether you choose to renovate the existing home, land-bank for future growth, or explore a multi-use development (subject to council approval), this is a blue-chip opportunity in one of Melton's rapidly evolving precincts, surrounded by established amenities, transport links, and ongoing infrastructure investment.
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Property Details for 126 Coburns Rd, Melton

Building Type
Commercial
Floor Size
553m2
Land Size
553m2
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About Melton 3337

The size of Melton is approximately 20.3 square kilometres. There are 23 parks, covering nearly 11.7% of the total area. The population of Melton in 2016 was 8069 people. By 2021 the population was 7953 showing a population decline of 1.4% in the area during that time. The predominant age group in Melton is 30-39 years. Households in Melton are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Melton work in a machinery operators and drivers occupation.In 2021, 62.10% of the homes in Melton were owner-occupied compared with 63.20% in 2016.

Melton has 5,391 properties. Over the last 5 years, Houses in Melton have seen a 28.42% increase in median value, while Units have seen a 36.81% increase. As at 30 June 2026:

  • The median value for Houses in Melton is $556,383 while the median value for Units is $447,690.
  • Houses have a median rent of $410 while Units have a median rent of $395.
There are currently 57 properties listed for sale, and 34 properties listed for rent in Melton on OnTheHouse. According to Cotality's data, 236 properties were sold in the past 12 months in Melton.

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Ratip Cileli
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Mario Sadikllari
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Ray White Taylors Lakes
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