Corner The Market - Blue - Chip Bayside Site

Sold - 21-23 Sargood Street, Altona

Development/Land (Hotel/Leisure, Medical, Residential, Display Yard, Hardstand & Storage, Childcare, Showroom, Service station & Fast food), Retail

Sale Details

Sold on 05 Nov 2025

Building Area 200m²
Land Area 1079m²

Overview

Sale History ID: 42631
Property ID: 21218
Advertised Price: Contact Agent

Description

POINT OF INTEREST:

A truly unique opportunity in the heart of Altona, this high-exposure corner site spans two titles on a prominent 1,079 sqm* landholding — positioned directly opposite Coles and just 250m* from the beach. With over 66m* of combined profile frontage to Sargood and Blyth Streets, this is one of the area's most sought-after and strategic sites.

Whether you're looking to invest, occupy, or develop (STCA), the short-term income makes this an ideal landbank with holding power.

Zoned for Residential Growth (RGZ1), the location is poised for high-density redevelopment with numerous successful multilevel residential projects completed in recent years. Alternatively, its high-profile position, recently refurbished improvements and excellent walkability offer a compelling opportunity for owner-occupiers to establish a presence in one of Melbourne’s fastest-evolving bayside communities.
Surrounded by national retailers, popular cafés, schools, medical amenities, and just 100m* from Altona Station and Pier Street’s vibrant village atmosphere, this corner block is perfectly placed for strong future demand.

- Total land area of 1,079sqm*.
- Total building area of 200sqm*.
- Existing improvements for car wash operation.
- Passing income.
- Residential Growth Zone - Schedule 1.
- Profile 66 metre* frontage.
- 250m* to Altona Beach.
- 100m* to Pier Street retail and dining strip.
- 100m* to Altona Station.

POINT OF VIEW:

A rare corner opportunity offering exceptional exposure, flexibility, and long-term growth in the heart of Altona’s thriving bayside precinct.

*Approx.
Pricing excludes GST

Additional Info
Features
Air ConditionerYes
Availability30 - 120 days
Car Parking FeesNil
Car SpacesOnsite
ConditionGood
FloorsConcrete
LiftsN/A
Permits IssuedNo
Roller DoorsN/A
SprinklersNo
Suitable DevelopmentResidential / Childcare / Mixed Use*
Wheel Chair AccessYes
ZoningResidential Growth Zone
Outgoings
Council Rates$5,956.52 p.a plus GST approx.
Water Rates$1,110.84 p.a plus GST approx.
Land Tax$3,750 p.a approx. on single holding basis (TBC)
Agent Details
CVA Property Consultants - Daniel Philip

Daniel Philip

M | 0439 977 121
T | (03) 9623 2560
E | [email protected]

CVA Property Consultants - Leo Mancino

Leo Mancino

M | 0418 343 147
T | (03) 9623 2570
E | [email protected]