A rare opportunity to secure a prime corner development site in one of Melbournes most sought-after Bayside locations.This outstanding property comes with approved plans and permits for five architecturally designed townhouses, offering a fully prepared, ready-to-build project with significant time and cost savings for developers and investors.All the hard work has been completed, with professional architectural design, high-quality renders, brochure, and full marketing collateral already prepared, allowing the project to be immediately launched to market for off-the-plan sales or commenced for construction.Key Highlights: Permit approved for 5 architecturally designed townhouses Complete project package including brochures, renders & marketing material Ready for immediate construction or project marketing Prominent corner site with outstanding exposure Three street frontages totalling over 73 metres Located within a highly desirable Bayside lifestyle precinctThis is a turn-key development opportunity, ideal for developers seeking a shovel-ready project with sales and marketing already prepared.We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.
The size of Bonbeach is approximately 2.8 square kilometres. There are 8 parks, covering nearly 31.7% of the total area. The population of Bonbeach in 2016 was 6416 people. By 2021 the population was 6855 showing a population growth of 6.8% in the area during that time. The predominant age group in Bonbeach is 40-49 years. Households in Bonbeach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bonbeach work in a professional occupation.In 2021, 68.60% of the homes in Bonbeach were owner-occupied compared with 66.30% in 2016.
Bonbeach has 3,845 properties. Over the last 5 years, Houses in Bonbeach have seen a -0.13% decrease in median value, while Units have seen a 9.34% increase. As at 31 July 2026:
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