UNDER CONTRACTRaine & Horne Commercial are pleased to offer for sale: 59 Marlow Street (Corner of Grantham Street), Wembley.Vacant Land - Ripe for development.Capitalise on one of the most exciting opportunities in years, in the notoriously tightly held Wembley Commercial Precinct.Boasting 1,100 m2 of flat, level land, sites of this nature simply do not come around for sale very often.With a multitude of potential development options and an existing DA in place, this has opportunity written all over it!A generous frontage to Grantham Street, with main access off Marlow Street and a 'Local Centre' zoning.UNDER CONTRACT
The size of Wembley is approximately 4.2 square kilometres. It has 13 parks covering nearly 25.0% of total area. The population of Wembley in 2016 was 11301 people. By 2021 the population was 12061 showing a population growth of 6.7% in the area during that time. The predominant age group in Wembley is 30-39 years. Households in Wembley are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Wembley work in a professional occupation.In 2021, 59.30% of the homes in Wembley were owner-occupied compared with 58.60% in 2016.
Wembley has 5,961 properties. Over the last 5 years, Houses in Wembley have seen a 87.48% increase in median value, while Units have seen a 108.01% increase. As at 31 December 2025:
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