3 Centenary Ave, Melton is a 4 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 487m2. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 4 bedroom House sold in Melton in the last 12 months.
Unparalleled Development & Investment Opportunity - 3 Centenary Avenue, Melton
Strategically positioned on a main arterial road, this premium property offers a unique opportunity for homeowners, investors, and developers looking to capitalize on Melton's rapid growth. Whether you're seeking a prime location for a medical practice, a high-yielding investment, or a large-scale development project, this property delivers unmatched versatility and future potential.
Ideal layout with versatile living, dining and kitchen area.
Property Highlights:
1. Ideal for Residential or Investing
Business from home this could be your chance to get main road exposure.
This well-maintained home offers an exceptional opportunity to move in immediately or lease while exploring redevelopment options. The property's prominent location makes it ideal for a future medical practice, allied health services, childcare center, or other professional suites (STCA), catering to the growing population of Melton.
2. Development & Subdivision Potential (STCA)
Set on a generous land parcel, this site presents multiple subdivision and redevelopment opportunities:
Medical or Allied Health Facility: Capitalize on the high-visibility location and growing demand for healthcare services.
Multi-Dwelling Development: Build townhouses or a boutique residential project to maximize land value.
Subdivision Potential: Create multiple titles for new homes, investment properties, or mixed-use projects.
Design a custom residential or commercial project that fits the evolving landscape of Melton.
3. Prime Location with Exceptional Connectivity
Walking distance to Heathdale Christian College and other top-tier schools.
Close to Woodgrove Shopping Centre, High Street Shopping Precinct, supermarkets, cafes, and restaurants.
Easy access to public transport, major highways, and key arterial roads, ensuring strong connectivity to Melbourne's CBD and surrounding growth corridors.
4. Secure a High-Growth Investment
Melton is experiencing rapid urban expansion, making it a hotspot for property value appreciation and strong rental demand. With affordable entry prices compared to other Melbourne suburbs, this property presents an exceptional capital growth opportunity.
5. Unmatched Convenience: A bus stop right outside the home provides seamless public transport access, making daily commutes effortless for residents or potential business clients.
6. Recreation & Lifestyle: Just moments from Melton Valley Golf Club, this property offers a fantastic lifestyle advantage for golf enthusiasts or those who appreciate green, open spaces for relaxation and recreation.
Why This Property Stands Out
Bus stop 5-10 meters from the property
Renovated and move in ready
4 Bedrooms
Study or use it as kid's bedroom
Sleek kitchen
Wide frontage
Rare main road frontage offering outstanding exposure
High-demand area for medical, consulting suit and commercial use(STCA)
Potential for significant rental returns
Alarm system
Versatile Ideal zoning for future potential development options (STCA)
Surrounded by established and upcoming infrastructure projects
Whether you are a developer, medical professional, investor, or homeowner looking for a future-proof property, this is an opportunity that cannot be overlooked.
For further information or to arrange a private viewing, contact us today.
*Main image for illustration watch the video. Front area has pebbles and crushed rocks. Ideal to park cars
*Due Diligence is encouraged*
The size of Melton is approximately 20.3 square kilometres. It has 23 parks covering nearly 11.7% of 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 5,350 properties. Over the last 5 years, Houses in Melton have seen a 38.36% increase in median value, while Units have seen a 36.13% increase. As at 30 November 2025:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.