40 King Parade, Knoxfield VIC 3180

Large land townhouse in small development | 1112m² holding | New Knoxfield build | Low-density complex A rare configuration is found in this townhouse, sitting on a substantial 1112m² parcel within a small four-residence development. The land to dwelling ratio is uncommon for a new build, providing private open space and separation from neighbours that typical townhouses lack. It serves buyers seeking a low-maintenance home without surrendering a land holding, particularly families or downsizers in a residential pocket with established suburban amenity It should be noted that a multi-dwelling development introduces body corporate arrangements; the exact title type and costs require verification. The estimated completion in late 2025 delays occupancy, and while no overlays were reported, full due diligence on planning and soil conditions is warranted. The primary opportunity rests in the land value itself, which may appreciate independently, combined with a new home that minimizes early maintenance demands