29 Arthur Street, Aberfeldie VIC 3040

Property Details: • Type: House

• Bedrooms: 3 • Bathrooms: 1

Description: Positioned in one of Aberfeldie's most tightly held residential pockets, this substantial 706sqm (approx.) allotment presents a compelling opportunity for developers, builders and astute buyers seeking to capitalise on a premium address. Set on a wide, well-proportioned parcel, the property offers immediate scope to renovate, extend or completely reimagine with a luxury new residence or multi-dwelling outcome (STCA). Surrounded by high-end homes and ongoing redevelopment, the location continues to underpin strong long-term capital growth and buyer demand. The existing dwelling provides comfortable accommodation, however the true value lies in the land, dimensions and future flexibility this site delivers. Aberfeldie remains one of Melbourne's most desirable inner north-west suburbs, renowned for its lifestyle appeal, proximity to the CBD and established community infrastructure. Residents are drawn to the area for its leafy streets, premium schooling options and access to expansive parklands. Key lifestyle and location advantages include: • Walking distance to Clifton Park, Maribyrnong River trails and open green spaces • Close proximity to Aberfeldie Park and the Maribyrnong Park precinct • Highly regarded schooling including Aberfeldie Primary School, Ave Maria College, St Bernard's College and Penleigh & Essendon Grammar • Moments to Essendon Village, Union Road shopping strip and Highpoint Shopping Centre • Easy access to Melbourne CBD, CityLink, public transport and Essendon Airport Aberfeldie continues to attract owner-occupiers, prestige home builders and developers alike due to its strong community feel, limited land supply and consistent demand for quality housing. This is a rare opportunity to secure a premium landholding in a proven growth location, with the flexibility to create a high-end residence or development aligned with the calibre of surrounding homes.