The Last Eltham land of its kind.
Step into a remarkable investment opportunity nestled in the vibrant heart of Eltham's retail and lifestyle hub.
This exceptional landholding in the Activity Centre Zone - Schedule 1 (ACZ1) encompasses approximately 1,407sqm and features dual street frontages, including convenient access to the bustling Main Road-Eltham's primary commercial & residential thoroughfare. Ideally located in one of Melbourne's most dynamic suburban tree top centres, this site is surrounded by a rich tapestry of retail, transport, education, and lifestyle amenities, making it the perfect foundation for a groundbreaking project.
What sets this site apart is its unlimited potential for any legacy build or development you desire.
Whether it's commercial facilities or shop fronts, multi level appartments, restraunts, child care, town house development,wellness centre or whatever your creative plannng desire is (STCA)
It's a prime opportunity to tap into the soaring demand for high-quality urban living in sought-after suburban markets while achieving robust commercial returns through a retail facade along the high-visibility Main Road. With scope to also redesign the activity centre for your own custom project the possibilities are truly limitless. The strategic location enhances its appeal further.
Your future development will be positioned right next to national retail giants like Coles, Woolworths, Aldi, Chemist Warehouse, and leading banks, ensuring a steady flow of foot traffic throughout the week. Plus, with Eltham Railway Station just a short walk away and seamless connections to the Eastern Freeway and Melbourne Ring Road, accessibility to the broader metropolitan area is unparalleled, making this location highly attractive to both residents and retail operators.
Eltham's reputation for excellent education adds another layer of value. The area is home to prestigious institutions such as Eltham High School, Eltham College, and St. Helena Secondary College, drawing families eager for quality schooling in close proximity.
Make your mark on Eltham!
The size of Eltham is approximately 16.6 square kilometres. There are 55 parks, covering nearly 15.2% of the total area. The population of Eltham in 2016 was 18314 people. By 2021 the population was 18847 showing a population growth of 2.9% in the area during that time. The predominant age group in Eltham is 50-59 years. Households in Eltham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Eltham work in a professional occupation.In 2021, 86.10% of the homes in Eltham were owner-occupied compared with 85.50% in 2016.
Eltham has 8,712 properties. Over the last 5 years, Houses in Eltham have seen a -5.91% decrease in median value, while Units have seen a -2.66% decrease. As at 31 October 2026:
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