Reliance Urban Land is delighted to offer a great opportunity to secure a 2277sqm land parcel in Commercial 1 Zone.
This property is ideal for investors and developers.
Located just off Melbourne-Lancefield Road in the Northern Region of Melbourne.
Property is in Commercial 1 Zone in the middle of General Residential of Romsey.
Located right next to Residential development this rectangular block offers a great potential to develop and set up own business.
For further inquiries, contact Akhil Kansal on 0452 531 547 and Karan Kapoor on 0425 822 291 now!
Information about Due Diligence Checklist can be found here:
http://www.consumer.vic.gov.au/duediligencechecklist
The size of Romsey is approximately 80.4 square kilometres. It has 1 park covering nearly 0.4% of total area. The population of Romsey in 2016 was 4746 people. By 2021 the population was 5797 showing a population growth of 22.1% in the area during that time. The predominant age group in Romsey is 0-9 years. Households in Romsey are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Romsey work in a trades occupation.In 2021, 86.10% of the homes in Romsey were owner-occupied compared with 83.50% in 2016.
Romsey has 2,900 properties. Over the last 5 years, Houses in Romsey have seen a 16.29% increase in median value, while Units have seen a 18.12% increase. As at 31 March 2026:
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