23 Black Braes Boulevard, Mernda VIC 3754

Vacant lot, 649sqm, near-rectangular | 16m frontage, deep backyard potential | Mernda growth corridor, no flood or bushfire risk | City of Whittlesea, sought-after pocket. This parcel’s near-rectangular shape and 16-metre frontage provide a rare configuration advantage in a growth corridor where narrower lots are now standard. A 40-metre depth allows for a substantial floorplan with a generous backyard, pool, or outdoor entertaining area — features that command a premium when reselling to families. The absence of flood, bushfire, or heritage overlay removes hidden holding costs and delays, making this a low-friction site for a custom build or speculative development. It suits a buyer seeking a long-term family block in a high-demand suburb where new supply is increasingly smaller. The key risk is that the site has no current building permit or approved plans, which adds a 3–6 month timeline before construction can start — a cost of holding unproductive land. However, the council’s City of Whittlesea area has consistent absorption of new housing, so the opportunity lies in either building a family home to capture the depth advantage or holding for capital growth as Mernda’s infrastructure matures. Use this lot as a buy-and-hold for a custom build, not a quick flip.