A hectare of flat land could be a great location for residential or commercial development, depending on the zoning regulations in the area and the needs of the community.
If the land is zoned for residential development, it could be subdivided into smaller lots and sold to homebuilders or developers. Alternatively, a single developer could purchase the land and build a larger residential development, such as a condominium or townhouse complex.
If the land is zoned for commercial development, it could be used for a variety of purposes, such as a retail center, office complex, or industrial park. The specific type of commercial development would depend on the local demand and market conditions.
Before embarking on any development project, it's important to conduct thorough research and due diligence, including obtaining necessary permits and approvals, evaluating the local market demand and competition, and determining the feasibility and financial viability of the project. It's also important to consider any potential environmental or social impacts of the development and to work with the local community to address any concerns.
For any further information, please contact Bobby Kosuri on 0421 162 787 or
Usman Maan on 0402 688 866.
Please see the below link for an up-to-date copy of the Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent *Images for illustrative purposes only*
The size of Doreen is approximately 32.4 square kilometres. It has 96 parks covering nearly 7.9% of total area. The population of Doreen in 2016 was 21298 people. By 2021 the population was 27122 showing a population growth of 27.4% in the area during that time. The predominant age group in Doreen is 0-9 years. Households in Doreen are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Doreen work in a professional occupation.In 2021, 77.30% of the homes in Doreen were owner-occupied compared with 76.10% in 2016.
Doreen has 11,956 properties. Over the last 5 years, Houses in Doreen have seen a 30.19% increase in median value, while Units have seen a 30.35% increase. As at 30 November 2025:
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