25 Nemi Parade, Tarneit VIC 3029

Vacant block | 16m frontage | Alamora Estate | ready to build | no holding costs This property offers a rare combination of generous 16-metre frontage and flat 512-square-metre site, a configuration that allows for a wide, street-presence home rather than the narrow townhouse format now standard in new estates. Its position in Alamora Estate, a master-planned community with established infrastructure, reduces the uncertainty of buying into an unfinished suburb. The property best suits a buyer wanting to build a single-family home without strata constraints, or a small-volume builder seeking a straightforward, low-risk project site. The primary risk is that the land is priced at current market asking, leaving no immediate equity buffer and making the total cost-of-completion critical to compare against resale values of finished homes in the same street. No planning overlays or construction history are available, so a full title and council check is necessary before exchange. The opportunity lies in the wide frontage, which is undersupplied in this price bracket and will hold value better than narrow lots. Hold until construction is complete, then either occupy or sell into the established estate demand.