'Incredibly rare': Huge corner site hits the market in Canterbury's golden mile
This sprawling site, spanning 3480 square metres between two thoroughfares, is primed for development in one of Melbourne’s most exclusive eastern suburbs.
The rare landholding at 2 Mont Albert Road, Canterbury comprises three properties across five titles, adjacent to bustling Burke Road, including a landmark church, a free-standing six-bedroom house and a redevelopment site.
Presented for sale by Jozef Dickinson, Aaron Choong and Philip Heberling of Colliers, the listing is an “incredible” opportunity atop a hill on Mont Albert Road, which forms part of the suburb’s golden mile.
The property features a generous 91.6-metre frontage, in keeping with the neighbourhood’s character, which is renowned for its leafy boulevards and grand residences.
“With its tree-lined streets, period homes, and proximity to top-tier schools and amenities, Canterbury continues to appeal to discerning buyers who value the prestige of the suburb,” the listing states.
The site is being offered as a whole – “a significant corner parcel in sought-after Boroondara” – or separately, providing flexibility for development, subject to council approval.
According to the listing, the current layout of the GRZ (General Residential Zoning) site “provides potential for endless opportunities”.
The six-bedroom house is spread across two levels and sits on a 906-square-metre block at one end of the property, offering the option to reside there and redevelop the remaining site.
Built in 1927 in the Tudor Revival style, this property exudes character and potential, featuring a carport and garden area.
Flanked by other blue-chip Boroondara suburbs, such as Hawthorn, Camberwell, and Kew, the site is close to elite Melbourne schools, as well as convenient tram lines, train stations, and arterial roads.
Canterbury is a small, tightly held suburb in Melbourne’s affluent eastern suburbs, with a population of just 8036, as recorded in the last census.
The suburb’s median price for a four-bedroom house is $3.008 million, based on Domain sales data within the last 12 months, with an entry-level price of $1.83 million and a high-end figure of $5.9 million.
Lifestyle amenities extend to the wealth of parks, cinemas, dining, and shopping options nearby, from the village charm of Maling Road to the ample choices of Camberwell Junction.
No. 2 Mont Albert Road is currently listed for sale via expressions of interest.
