FOR SALE
$995,000

6-10 & 12-14 Mclachlan Street
Golden Square VIC 3555

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4033m2
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OUTSTANDING DEVELOPMENT LAND

Explore the potential! Vacant land with four quarter-acre blocks totalling a generous 4033 square metres awaits your vision. Located on a no-through road, just turn left off Elm Street, follow the railway line and you'll find this promising parcel of land on your left.
The property is fenced on two sides, and there is power, water and sewerage adjacent.
These blocks are ideal for subdivision and are to be sold as a whole. With ample space to work with, the land spans 80m wide by 50m deep, providing endless possibilities.
With rates at $3,852 per annum, this is an investment worth considering for the savvy developer or visionary homeowner. Don't miss out on this chance to make your mark in a promising location.
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Property Details for 6-10 & 12-14 Mclachlan St, Golden Square

Building Type
Land
Land Size
4033m2

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About Golden Square 3555

The size of Golden Square is approximately 8.5 square kilometres. It has 13 parks covering nearly 2.3% of total area. The population of Golden Square in 2011 was 8,301 people. By 2016 the population was 8,814 showing a population growth of 6.2% in the area during that time. The predominant age group in Golden Square is 20-29 years. Households in Golden Square are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Golden Square work in a professional occupation. In 2011, 64.8% of the homes in Golden Square were owner-occupied compared with 63.3% in 2016.

Golden Square has 5,331 properties. Over the last 5 years, Houses in Golden Square have seen a 52.89% increase in median value, while Units have seen a 55.93% increase. As at 30 November 2024:

  • The median value for Houses in Golden Square is $519,351 while the median value for Units is $388,460.
  • Houses have a median rent of $460 while Units have a median rent of $405.
There are currently 42 properties listed for sale, and 1 property listed for rent in Golden square on OnTheHouse. According to CoreLogic's data, 215 properties were sold in the past 12 months in Golden square.

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Greg Fathers
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Nathan Diss
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