FOR SALE
Auction - 09/11/2024 @ 12pm

1884-1908 Mount Cottrell Road
Mount Cottrell VIC 3024

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 135m2
Land area: 306.65ac
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124.1 HECTARES APPROX (306.65 ACRES) BIGGEST PARCEL IN MOUNT COTTRELL PERFECTLY POSITIONED NEAR MAJOR PSP FOR AUCTION!!

Auction Location: On Site on 9th November 2024 @ 1PM
Raine and Horne Land Victoria is excited to present an auction opportunity for a remarkable and one of the largest 124.1 Hectares approx (306.65 Acres) parcels of land in Mount Cottrell with a rear western boundary to the Werribee River flats as well as extensive frontage to Mount Cottrell Road to the eastern boundary, presenting immense future potential for families and investors. Located within the adjacency of the rapidly developing Rockbank precinct, which is designed to accommodate around 22,200 residents across approximately 7,932 dwellings, this land is just 31 km west of Melbourne's CBD and falls under the Melton City Council.
The land is also close to Rockbank South PSP, covering 703 hectares, is positioned 27 km west of central Melbourne and 9 km southeast of Melton, bordered by the future Outer Metropolitan Ring transport corridor, Western Grasslands Reserve, and farming properties. This massive parcel is also close to Toolern PSP, the largest strategic planning project in Melbourne's growth areas, along with major master-planned communities like Millstone, Thornhill Park, Woodlea, and Bridgefield.
With additional proximity to Oakbank PSP, Chartwell PSP, Tarneit Plains PSP, Westbrook PSP, Mt Atkinson PSP, and Eynesbury suburb is just across the Werribee River, so don't miss your chance to secure a piece of this thriving region in Mount Cottrell!
Property Features:
• 124.1 Hectares approx (306.65 Acres) in RURAL CONSERVATION ZONE
• Extensive, sealed, main road frontage
• Approx 700 metres Werribee River frontage
• Access to power, gas and town water to boundary
• Equipped with valves for recycled water (A & C) and valve for sewage
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Property Details for 1884-1908 Mount Cottrell Rd, Mount Cottrell

Building Type
Commercial
Floor Size
135m2
Land Size
306.65ac

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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 -6.96% decrease in median value, while Units have seen a 48.51% increase. As at 31 October 2024:

  • The median value for Houses in Mount Cottrell is $673,460 while the median value for Units is $551,592.
  • Houses have a median rent of $543.
There are currently 30 properties listed for sale, and 3 properties listed for rent in Mount cottrell on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Mount cottrell.

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Kevin Paghdar
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Talwinder Dahiya
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Raine & Horne Land Victoria
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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.