Axtra Property is pleased to announce the successful launch of 5 new, strategically valuable real estate projects in August, significantly expanding our portfolio of premium assets. These new offerings are the result of a rigorous selection process, providing our partners with exceptional opportunities in Melbourne's dynamic property market.
Our new projects include a diverse range of assets, from prime, permit-approved development sites and under-construction luxury townhouses to standalone residences and high-potential house and land packages. Each project has been meticulously evaluated for superior location, quality design, and strong investment potential.
Axtra Property is steadfast in its commitment to providing our partners with the most forward-thinking market insights and unparalleled project resources.
1. Exceptional Family Living in the Heart of Riverwalk Estate
- Project Location: 1536 Heatherton Road, Dandenong, VIC 3175
- Project Type: House
- Project Status: Under Construction
- Floor Plan: 4 Bed 2 Bath 2 Car Space
- Expected Completion: Q3 2025
- Project Highlights:
- Design & Features: Each home includes a modern facade, open-plan living and dining areas, durable flooring, a ducted heating system, LED downlighting, and a double garage.
- Shopping & Dining: A short drive to Werribee Town Centre and Pacific Werribee, with local dining and supermarkets easily accessible.
- Connectivity: Well-connected via Werribee Station and a nearby bus stop, plus easy access to the Princes Freeway for a straightforward commute to the Melbourne CBD.
- Recreation: Close to green spaces like Chirnside Park and iconic local attractions like the Werribee Zoo and Werribee Mansion.
- Education: The homes are zoned for Werribee Primary School and Werribee Secondary College, and are near the Victoria University Werribee Campus.
2. Premium Childcare Investment: A Secure, High-Yield Asset in a High-Growth Corridor
- Project Location: 1536 Heatherton Road, Dandenong, VIC 3175
- Project Type: Commerical-ChildcareLeased
- Project Highlights:
- Lease Term: Secure 15-year net lease with two (2) further ten (10) year options, potentially extending to 35 years.
- Tenant: Leased to a top-tier national childcare operator with a professional management team.
- Income: Net annual income of $341,250 + GST + Outgoings, commencing May 2, 2025.
- Rent Reviews: Fixed 3.5% annual rent increases, guaranteeing consistent income growth.
- Outgoings: Tenant pays all outgoings, including Council Rates, Insurance, and Management Fees.
- Capacity: Approved for 91 long day care places, capitalizing on the area's high demand.
- Facility: Brand-new construction (completion May 2025) featuring modern facilities on a 1,652 sqm site with 20 on-site car parking spaces.
- Tax Benefits: Significant tax depreciation benefits available from the new construction.
- Management: Optional professional management by Heed Property for a truly passive investment experience (fees paid by tenant).
3. An Exceptional Development Opportunity in a Leafy Enclave
- Project Location: 1 Dennis Street, Croydon, VIC 3136
- Project Type: Established House
- Land Size: 863㎡
- Project Status: Completed
- Project Highlights:
- Land Size: 863 sqm (approx.) with an 18.1-metre frontage.
- Location: Tranquil setting with easy access to parks and trails, including The Range Estate Playground and Brushy Creek Trail.
- Connectivity: Well-connected to public transport with a bus stop and Mooroolbark Station nearby.
- Retail: Conveniently close to Mooroolbark Terrace Shopping Centre and Croydon Central.
- Education: Zoned for Manchester Primary School and Mooroolbark College, and within walking distance of Barngeong Reserve Kindergarten.
- Travel: Quick access to Maroondah Highway and a 40-minute drive to the Melbourne CBD.
4. Prime Development Opportunity: Permit-Approved Townhouses in Central Hughesdale
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Project Location: 7 Earlstown Road, Hughesdale, VIC 3166
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Project Type: Land with permit
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Project Highlights:
- **Land Size: **701 sqm with an approved permit for two large townhouses.
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Approved Dwellings: Unit 1: 4 beds, 3.5 baths, 2 garages (238.6 sqm floor area), Unit 2: 4 beds, 3.5 baths, 2 garages (233 sqm floor area)
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Location: Unbeatable convenience with easy access to shops, dining, and public transport.
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Connectivity: A short walk to Oakleigh Station and multiple bus routes.
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**Retail & Dining: **A brief walk to Oakleigh Central, with access to supermarkets, cafes, and restaurants.
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**Nearby Hubs: **Just a short drive to Chadstone Shopping Centre and both Monash University campuses (Clayton & Caulfield).
5. Completed Luxury Townhouses in the Heart of Mont Albert North
- Project Location: 40 Strabane Avenue, Mont Albert North, VIC 3129
- Project Type: Brand-new, architect-designed Townhouse
- Project Type: 3 Bed 2.5 Bath 2 Car
- Project Highlights:
- High-End Finishes: Features include stone benchtops and vanities, engineered timber flooring, and fully tiled bathrooms with heated towel rails.
- **Modern Conveniences: **Equipped with stainless steel appliances, reverse-cycle heating/cooling, secure keyless entry, and café-style doors for indoor-outdoor living.
- Shopping & Dining: Within a short drive of Box Hill Central and Westfield Doncaster, and close to local shops and Asian restaurants.
- Connectivity: Well-served by public transport, with Box Hill Station and multiple bus routes nearby.
- Recreation: Close to green spaces like Mont Albert Reserve and Box Hill Gardens.
- Education: Zoned for Koonung Secondary College and Mont Albert Primary School, with easy access to prestigious private schools.
Axtra Property: Your Partner in Melbourne's Future
At Axtra Property, our deep understanding of these intricate market dynamics positions us as the essential partner for any developer or agency aiming to succeed in Melbourne's property sector. Our role as a master property agency extends beyond simple transactions; we provide:
- Unrivaled Market Intelligence: We continuously analyze shifts in investor profiles, regional performance, and regulatory changes to identify emerging pockets of demand and value, even in challenging conditions.
- Strategic Project Positioning: Understanding that the 'what' and 'where' of investment are changing, we guide projects towards attracting the right buyer segments, whether they are less leveraged investors seeking stable returns or those leveraging investment as a pathway into the market.
- Extensive Network and Reach: Our comprehensive network across Melbourne ensures that your developments gain maximum exposure to a qualified pool of investors and buyers, turning market insights into successful project launches.
- Mitigation of Market Risks: We transform perceived challenges, such as Victoria's specific investor trends, into opportunities by tailoring sales strategies that resonate with current market sentiments and investor needs.
Important Disclaimer:
Please note that all prices, commissions, and availability status of the properties mentioned in this communication are subject to change without prior notice. We cannot guarantee the timeliness or absolute accuracy of this information. For the most current and precise details regarding any property, we strongly advise you to contact us directly.