18 Eden Pl, Wallan is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 2232m2 and floor size of 146m2.This Property is currently listed for sale with SKAD Real Estate Thomastown
High-Exposure Site with Holding Income | Approved Uses Possible for Childcare or Swim School (STCA)An outstanding opportunity to secure a strategically located corner site in one of Victoria's most rapidly growing residential corridors.Situated directly next to a high-performing childcare centre, and surrounded by established and new housing estates, schools, and transport links, this 2,005sqm* site is ideal for a wide range of community, recreational, and wellness-based developments.Perfectly suited for a Swim School or Childcare Centre - subject to council approval (STCA).Currently generating $1,955/month in holding income, the site provides cash flow while you obtain planning approval or finalise development plans. The existing tenant is cooperative and happy to remain on flexible terms during the planning phase.Key Features:2,005sqm* corner block with dual street frontageDevelopment-ready site - flat, accessible, and highly visibleMonthly income of $1,955 from an existing long-term tenantFlexible tenancy arrangement during planning or permit stagesIdeal for Childcare Centre or Indoor Swimming School (STCA)Located beside an operating childcare centre - strong synergySurrounded by young families, schools, and new residential estatesExcellent access to Hume Freeway and Wallan Train Station Ideal Development Outcomes (STCA):Childcare CentreHeated Indoor Swim SchoolAllied Health & Wellness HubGymnastics / Youth Sports FacilityMartial Arts or Recreation CentreEducation or Family Services Facility Why Wallan?Designated high-growth suburb in Melbourne's northern corridorStrong demand for family and community-focused servicesYoung demographic with high participation in sport and wellness activitiesGovernment investment in infrastructure and housing continues to drive growthLimited competition for well-located, large-format sites The Opportunity:18 Eden Place offers the rare combination of location, income, and development potential - all in a community that's crying out for new services. Secure the site, earn while you plan, and deliver a purpose-built facility for Wallan's growing population. Contact the exclusive agent today to receive plans, zoning details, or arrange a site inspection.Due diligence checklist - for home and residential property buyers - http://www.consumer.vic.gov.au/duediligencechecklist.This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
The size of Wallan is approximately 69.7 square kilometres. There are 13 parks, covering nearly 0.6% of the total area. The population of Wallan in 2016 was 11074 people. By 2021 the population was 15004 showing a population growth of 35.5% in the area during that time. The predominant age group in Wallan is 30-39 years. Households in Wallan are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wallan work in a trades occupation.In 2021, 76.30% of the homes in Wallan were owner-occupied compared with 77.80% in 2016.
Wallan has 10,289 properties. Over the last 5 years, Houses in Wallan have seen a 8.44% increase in median value, while Units have seen a 28.36% increase. As at 30 June 2026:
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