FOR SALE
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28 Thompsons Road
Newborough VIC 3825

Bedrooms: -
Bathrooms: -
Car spaces: 200
Floor area: 29000m2
Land area: 29000m2
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Home and Income Opportunity

Discover the charm of this stunning 7-acre property, perfectly situated adjacent to the picturesque Moe 18-hole Golf Course. This unique oasis presents an incredible opportunity to develop 32 residential lots or enjoy it as a serene lifestyle retreat surrounded by nature.
The property boasts 10 fully equipped dog kennels, complete with a license to operate, generating an impressive annual income of $96,000. This is ideal for animal lovers or those seeking to diversify their income sources.
In Addition to Its Entrepreneurial Potential, The Property Features a Spacious Four-Bedroom, One-Bathroom, And a Large Shed, Complemented By Undercover Parking. With Expansive Land to Explore, There’s Ample Room for Hobbies, Landscaping, or Additional Development.
Convenience is key, with the railway station to Melbourne's CBD just a short distance away, providing easy access to the city. Moe Township, known for its vibrant community, is home to all major shopping centers and schools, ensuring that everything you need is within reach.
Inspect via Appointments Only. Call Nick: 0490 844 724.

Property Details for 28 Thompsons Rd, Newborough

Building Type
Commercial
Floor Size
29000m2
Land Size
29000m2

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About Newborough 3825

The size of Newborough is approximately 19.5 square kilometres. It has 27 parks covering nearly 7.8% of total area. The population of Newborough in 2011 was 6,932 people. By 2016 the population was 6,757 showing a population decline of 2.5% in the area during that time. The predominant age group in Newborough is 50-59 years. Households in Newborough are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newborough work in a trades occupation. In 2011, 72.5% of the homes in Newborough were owner-occupied compared with 69.6% in 2016.

Newborough has 3,947 properties. Over the last 5 years, Houses in Newborough have seen a 68.07% increase in median value, while Units have seen a 60.64% increase. As at 31 October 2024:

  • The median value for Houses in Newborough is $390,306 while the median value for Units is $277,884.
  • Houses have a median rent of $400 while Units have a median rent of $250.
There are currently 30 properties listed for sale, and 2 properties listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 143 properties were sold in the past 12 months in Newborough.

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