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211-229 Faulkners Road
Mount Cottrell VIC 3024

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
Land area: 25ac
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EXCEPTIONAL INVESTMENT POTENTIAL WITH PROXIMITY TO MAJOR PSP IN MOUNT COTTRELL!!

Raine and Horne Land Victoria is thrilled to introduce this exceptional parcel 25 acres in MOUNT COTTRELL with immense future potential for families as well as investors. The site has incredible city views and close proximity to Rockbank South PSP. Situated in Mount Cottrell, Victoria, just 31 km West of Melbourne's CBD, this land falls within the Melton City Council. The surrounding area is rapidly developing, making this an excellent opportunity for developers, land bankers, and investors, both local and international.
The Rockbank precinct encompasses approximately 752 hectares of land, bordered by the Western Freeway to the north, Paynes Road to the west, Greigs Road to the south, and the future Outer Metropolitan Ring Road corridor to the east, beyond Troups Road North. This area, outlined in the Rockbank Precinct Structure Plan, is designed to accommodate a residential community of around 22,200 people across approximately 7,932 dwellings. Land is also close to TOOLERN PSP (The largest strategic planning project undertaken in Melbourne's growth areas, the Toolern Precinct Structure Plan is focused on approximately 2400 hectares of land in Melbourne's Western Plains) and also close to some of the major land developers - Millstone , Thornhill Park a designed master planned community, WOODLEA, Bridgefield all with Master Planned community.
Property Features:
• 500 meters approx from Urban Growth Zone
• Panoramic views of the city
• Easy excess to Melton township, Rockbank Train Station, and all existing amenities of Caroline Springs and Tarneit
• Short drive to Rockbank train station and proposed Thornhill Park train station
• 25 Acres (Green Wedge Zone)
• 40 minutes to the Melbourne CBD
• 35-40 minutes to the Melbourne and Avalon Airport
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Property Details for 211-229 Faulkners 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 529 properties. Over the last 5 years, Houses in Mount Cottrell have seen a -6.09% decrease in median value, while Units have seen a 34.57% increase. As at 31 August 2024:

  • The median value for Houses in Mount Cottrell is $680,075 while the median value for Units is $542,312.
  • Houses have a median rent of $510.
There are currently 32 properties listed for sale, and no properties listed for rent in Mount cottrell on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Mount cottrell.

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Harvir Hans
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Kevin Paghdar
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Raine & Horne Land Victoria
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