2 Cathcart StreetMaidstone VIC 3012
Property Details for 2 Cathcart St, Maidstone
Last Listing description (October 2025)
Strategically positioned in the highly sought-after Maidstone area, this corner allotment represents a rare and exceptional opportunity for developers and investors alike. Boasting Council-Approved Town Planning Permits, this site is fully prepared for the construction of three family-sized townhouses, offering an attractive prospect for immediate development.
Key Features of the Approved Development:
Unit 1: 17.8sq
Unit 3: 15.33sq
Each meticulously designed townhouse includes:
Three generously sized bedrooms
Three modern bathrooms
A study/home office
Separate living and dining areas
Internal laundry facilities
Secure garage parking
Private lawn and patio areas
These residences are tailored to meet contemporary living standards, catering to families and professionals seeking a high-quality lifestyle.
Current Income and Location Highlights:
The property is currently generating a strong rental income of $550 per week, providing immediate returns while development plans are underway. Its prime location further enhances its appeal, with proximity to:
Public Transport for easy commuting
Western Hospital and other healthcare facilities
Maribyrnong Aquatic Centre for leisure and recreation
Highpoint Shopping Centre, one of Melbourne's premier retail destinations
Zoned Schools: North Footscray Primary School and Maribyrnong Secondary College
This location offers unparalleled convenience and connectivity, ensuring strong demand from potential buyers or tenants for the completed townhouses.
Investment Opportunity:
With Melbourne’s inner west experiencing continuous growth and development, this property provides a tangible and promising investment opportunity. The combination of approved permits, current rental income, and a prime location makes it a standout choice for savvy investors and developers ready to capitalize on its potential.
Seize this opportunity to secure a high-potential property in one of Maidstone’s most coveted locations.
Contact us today for more information:
Safwat Ali : 0468 420 204
Lateef Mohammed: 0433 568 575
For the latest Due Diligence Checklist, visit: consumer.vic.gov.au/duediligencechecklist
Disclaimer: All stated dimensions are approximate. Information provided is for general purposes only and does not constitute representation by the vendor or agent.
Property History for 2 Cathcart St, Maidstone, VIC 3012
- 26 Sep 2025Sold for $1,020,000
- 17 Sep 2025Listed for Sale $1,000,000-$1,100,000
- 21 Jan 2025Listed for Sale Contact Agent
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0About Maidstone 3012
The size of Maidstone is approximately 3.2 square kilometres. It has 14 parks covering nearly 18.7% of total area. The population of Maidstone in 2016 was 9032 people. By 2021 the population was 9389 showing a population growth of 4.0% in the area during that time. The predominant age group in Maidstone is 30-39 years. Households in Maidstone are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maidstone work in a professional occupation.In 2021, 54.40% of the homes in Maidstone were owner-occupied compared with 52.30% in 2016.
Maidstone has 5,228 properties. Over the last 5 years, Houses in Maidstone have seen a 11.96% increase in median value, while Units have seen a 15.63% increase. As at 31 December 2025:
- The median value for Houses in Maidstone is $900,565 while the median value for Units is $638,147.
- Houses have a median rent of $600 while Units have a median rent of $550.
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