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+17 photos86-88 Riddle Road
A Landmark Medical Development Opportunity in the Heart of SunburyAbout this home
FOR SALE BY SET DATE - October 15, 2026 Unless Sold Prior
An exceptional opportunity to secure a substantial 1,168 sqm site with an approved planning permit for a purpose-built medical centre*, positioned in a prominent and highly accessible Sunbury location.
Offering approximately 612 sqm of proposed medical accommodation*, the approved development comprises a modern two-level facility with multiple consulting and tenancy areas, reception and waiting areas, lift access, optional dispensary/pharmacy space and approximately 20 on-site car spaces.
Importantly, the property also offers immediate holding-income potential. The existing improvements comprise a spacious five-bedroom family residence plus a separate self-contained one-bedroom unit, providing an attractive opportunity to lease the property while considering or preparing for the future medical development.
APPROVED MEDICAL CENTRE HIGHLIGHTS
Planning permit already approved
Substantial 1,168 sqm landholding*
Approximately 612 sqm proposed covered area*
Modern two-level medical centre
Multiple consulting rooms and flexible tenancy areas
Ground-floor reception and patient waiting area
Provision for dispensary/pharmacy space
Six consulting rooms on the first floor
Dedicated first-floor waiting area
Lift access between levels
Approximately 20 on-site car spaces
Excellent exposure and accessibility from Riddell Road
EXISTING RESIDENCE – HOLDING INCOME POTENTIAL
The current property provides substantial residential accommodation that may appeal to tenants and offers potential rental income while the purchaser determines the timing of the approved development.
The main residence features:
Five bedrooms, including master with walk-in robe and ensuite
Central family bathroom with separate toilet
Well-equipped kitchen with excellent storage, freestanding gas cooktop, rangehood and dishwasher
Spacious open-plan living and meals area
Separate formal dining room
Additional rumpus room
Laundry with storage
Outdoor entertaining deck
Established gardens and vegetable boxes
Ducted heating
The property also includes a separate one-bedroom unit, featuring a bedroom with built-in robe and ensuite, kitchen with ample storage, living/meals area and split-system heating/cooling. The unit also provides flexibility for use as a home office, additional accommodation or separate rental space, subject to applicable requirements.
STRATEGIC SUNBURY POSITION
Conveniently located close to Clarke Oval Reserve, public transport, schools, shops and Sunbury Township, the property combines an established residential location with an exciting future healthcare development opportunity.
With Sunbury continuing to experience significant growth, 86–88 Riddell Road presents a compelling proposition for developers, medical operators, investors and land bankers seeking a site that offers both future development potential and an existing property with holding-income possibilities.
LIVE. LEASE. DEVELOP.
Secure Today - Generate Potential Income - Develop Tomorrow
FOR SALE BY SET DATE - October 15, 2026 Unless Sold Prior
Contact Q6 Real Estate for further information, approved plans and sale details.
All areas and measurements are approximate. Rental potential is subject to market conditions and applicable requirements. Prospective purchasers should undertake their own due diligence.
Features
- Air Conditioning
- Aircon
- Built In Robes
- Deck
- Floorboards
- Fully Fenced
- Heating
- Parking
Floorplan

Location
Mortgage estimate
Based on a $1,000,000 purchase price and CommBank CommBank home loan rate for owner occupied, principal and interest, variable rate. Monthly repayment uses the 6.00% interest rate. Rate source: fallback rate; updated latest available. Indicative only - not financial advice, a quote, or an offer of credit. Actual rates depend on lender eligibility and assessment.
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