FOR SALE
$1,395,000

Lot 2/790 Princes Way
Drouin VIC 3818

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3.88ac
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Exceptional Land Development Opportunity in Drouin

Discover a rare gem in the heart of Drouin with this expansive 3.88 acres (approx.) of prime land, offering an unparalleled opportunity for developers and investors.
Ideally positioned within walking distance to Drouin's Golf Course and a short drive to the bustling town center, this property is also conveniently close to the train station, schools, shops, and provides easy access to the freeway, combining convenience with the tranquil charm of country living.
This unique parcel offers the potential for subdivision into three generous acreage blocks (STCA), nestled among prestigious homes. Its prime location and flat terrain further enhance its appeal.
Seize the chance to shape the future of Drouin by developing a landmark residential project in a setting that promises both luxury and lifestyle.
Opportunities like this are scarce in today’s market, so prompt action is advised. For more information on securing this landbank opportunity.
Do not miss out! Contact Shane Candappa on 0419 518 321.
'This private treaty/sale is being facilitated by Openn Offers (an online sales process). It can sell to any Qualified Buyer at any time'
Register your interest at :
https://anz.openn.com/app/p/cnju94kra4jfb1oakidg
Contact the sales agent IMMEDIATELY to avoid missing out!!!
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Property Details for Lot 2/790 Princes Way, Drouin

Building Type
Land
Land Size
3.88ac

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About Drouin 3818

The size of Drouin is approximately 52.4 square kilometres. It has 47 parks covering nearly 4% of total area. The population of Drouin in 2011 was 9,685 people. By 2016 the population was 12,348 showing a population growth of 27.5% in the area during that time. The predominant age group in Drouin is 0-9 years. Households in Drouin are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Drouin work in a trades occupation. In 2011, 72.9% of the homes in Drouin were owner-occupied compared with 71.7% in 2016.

Drouin has 9,291 properties. Over the last 5 years, Houses in Drouin have seen a 39.87% increase in median value, while Units have seen a 33.80% increase. As at 30 November 2024:

  • The median value for Houses in Drouin is $645,849 while the median value for Units is $417,020.
  • Houses have a median rent of $505 while Units have a median rent of $420.
There are currently 163 properties listed for sale, and 22 properties listed for rent in Drouin on OnTheHouse. According to CoreLogic's data, 482 properties were sold in the past 12 months in Drouin.

Suburb Insights for Drouin 3818

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Shane Candappa
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Candappa First National Real Estate
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.