Permit Approved 30-Lot Subdivision in Melbourne's South East
Core Land in conjunction with First National Neilson Partners, are delighted to present this exceptional permit approved development opportunity in the heart of Bunyip, ideally positioned between Pakenham and Officer to the west, and the accelerating Drouin & Warragul Regional Growth Areas to the east.
8 Wattletree Road, Bunyip presents a scarce opportunity to secure a substantial permit-approved residential development site within an established township setting. Comprising approximately 4.09 hectares and benefitting from an approved planning permit for a staged 30-lot subdivision, the property offers immediate planning certainty in a tightly held pocket.
Positioned within Bunyip’s established residential area, the site is strategically located between two of south-east Victoria’s most active growth fronts. To the west, Melbourne’s expanding south-east corridor continues to push outward through Cardinia, while to the east, Drouin and Warragul are evolving as major regional growth centres in their own right, supported by significant population growth, infrastructure investment, retail amenity and employment activity.
The property also benefits from strong transport connectivity, including convenient access to the Princes Highway, Bunyip Train Station and the broader Gippsland rail corridor. Combined with nearby schools, retail, recreation and community infrastructure, 8 Wattletree Road is well placed to meet ongoing demand for residential lots in a corridor increasingly recognised for its semi-regional character, liveability, and growth outlook.
Key Investment Highlights
- Permit Approved for a 30-lot residential subdivision
- 4.09ha within Bunyip’s established township
- Average lot size of approximately 730sqm
- Zoned General Residential Zone Schedule 1 (GRZ1)
- Extensive frontage of approximately 96m to Wattletree Road and 277m to Petty Road
- Strategically located between Melbourne’s south-east growth corridor and the expanding Drouin–Warragul growth axis
- Strong connectivity to the Princes Freeway and Bunyip Train Station
8 Wattletree Road, Bunyip is offered for sale by Expressions of Interest Closing Wednesday 22 April 2026 at 4pm.
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