FOR SALE
$1,700,000 - $1,850,000

275-279 Princes Highway
Corio VIC 3214

Bedrooms: 9
Bathrooms: 4
Car spaces: 5
Land area: 2089m2
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Prime Investment Opportunity – 3 Titles On 2,089m² in Growth Zone

An incredible and exclusive offering with convenient service lane access, this 2,089m² (approx) combined allotment on 3 separate titles, will strongly appeal to investors, landbankers and developers with commercial or residential interests.
Earmarked as the prospective site for redevelopment (STCA), the current blocks are currently occupied by 3 homes which you could lease out until plans are finalised.
A once-in-a-life-time opportunity not to be missed, take advantage of a booming market and secure your future moments from Corio Shopping Centre, Primary Schools and child care facilities.
Disclaimer: We have in preparing the content used our best endeavours to ensure that the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs.
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Property Details for 275-279 Princes Hwy, Corio

275-279 Princes Hwy, Corio is a 9 bedroom, 4 bathroom House with 5 parking spaces. The property has a land size of 2089m2. The place is currently for sale with Areal Property - Box Hill.

Building Type
House
Land Size
2089m2

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About Corio 3214

The size of Corio is approximately 19.1 square kilometres. It has 36 parks covering nearly 8.8% of total area. The population of Corio in 2011 was 15,072 people. By 2016 the population was 15,298 showing a population growth of 1.5% in the area during that time. The predominant age group in Corio is 10-19 years. Households in Corio are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Corio work in a labourer occupation. In 2011, 61% of the homes in Corio were owner-occupied compared with 58% in 2016.

Corio has 7,827 properties. Over the last 5 years, Houses in Corio have seen a 38.44% increase in median value, while Units have seen a 27.33% increase. As at 31 October 2024:

  • The median value for Houses in Corio is $490,797 while the median value for Units is $375,603.
  • Houses have a median rent of $400 while Units have a median rent of $350.
There are currently 21 properties listed for sale, and 15 properties listed for rent in Corio on OnTheHouse. According to CoreLogic's data, 254 properties were sold in the past 12 months in Corio.

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Kailey Wang
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Areal Property - Box Hill
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