FOR SALE
Price Upon Application

1370 Dohertys Road
Mount Cottrell VIC 3024

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
Land area: 25ac
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Strategic Investment Opportunity 1370 Dohertys Road, Mt Cottrell

Raine & Horne Land Victoria are delighted to offer this 10.10 Ha approx. site situated within Melbourne's rapidly expanding western corridor for sale. 1370 Dohertys Road, Mt Cottrell falls under the strategic Precint Structure plan named Oakbank PSP representing a key investment opportunity. Positioned to capitalize on the region's significant growth, this property is ideally located for a visionary residential development. This site has a potential to be subdivided into 175 lots (STCA).
Location & Proximity:
• Melbourne CBD: 31 km, providing access to the urban center.
• Melbourne Airport: Approximately 37 km or 33 min approx
• Public Transport: Tarneit Train Station, future Davis Rd railway station and the upcoming Tarneit West Station are within minutes, enhancing connectivity.
• Shopping and Amenities: Tarneit Central Shopping Centre and Riverdale shopping centre is within minutes, offering a range of retail options.
• Located just approx. 850 meters from the current development
Investment Highlights:
• Population Growth: Melbourne's western growth corridor has seen substantial population increases, with areas like Werribee and Melton experiencing significant growth. The region is set to welcome over 840,000 new residents by 2036, highlighting the demand for new housing and community infrastructure.
• Significant Developers nearby: Centrally positioned among already developing estates like Cassandra Estate by Homeington Building Group and the upcoming Orchard Estate by Dahua Group makes it an opportunity not to be missed. Other developrs nearby include Peet, Satterley, YourLand and many more.
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Property Details for 1370 Dohertys Rd, Mount Cottrell

Building Type
Commercial
Floor Size
1m2
Land Size
25ac

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About Mount Cottrell 3024

The size of Mount Cottrell is approximately 58.3 square kilometres. It has 4 parks covering nearly 1.2% of total area. The population of Mount Cottrell in 2011 was 688 people. By 2016 the population was 563 showing a population decline of 18.2% in the area during that time. The predominant age group in Mount Cottrell is 60-69 years. Households in Mount Cottrell are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mount Cottrell work in a trades occupation. In 2011, 74.4% of the homes in Mount Cottrell were owner-occupied compared with 74.6% in 2016.

Mount Cottrell has 530 properties. Over the last 5 years, Houses in Mount Cottrell have seen a -6.44% decrease in median value, while Units have seen a 55.65% increase. As at 30 November 2024:

  • The median value for Houses in Mount Cottrell is $671,360 while the median value for Units is $523,053.
  • Houses have a median rent of $540.
There are currently 28 properties listed for sale, and 3 properties listed for rent in Mount cottrell on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Mount cottrell.

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Harvir Hans
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Talwinder Dahiya
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Raine & Horne Land Victoria
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