FOR SALE
$250,000

Burke Street
Newbridge VIC 3551

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4000m2
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Loddon River Precinct Blocks – 200m to River, General Store & Hotel

Fully fenced level parcel of land comprising four separate titled allotments, fronting the sealed road, ideally situated only 200m to the Loddon River, general store and hotel. This 4000sqm allotment (consisting of four titles with three of the titles fronting Burke Street and Lot 19 accessed from Nelson Street) offers you the opportunity to secure a very affordable weekend getaway.
Good access to this level allotment makes these blocks perfect for a ‘tiny house’, caravan etc. This parcel of four allotments is zoned ‘Farming Zone’; this zone restricts a permanent dwelling from being erected on a 1000sqm allotment. A minimum of 4000sqm is required before an application for a three-bedroom home would be considered. Full enquiry should be made to the Loddon Shire (03 5494 1200) in regard to these restrictions and future use.
The complete parcel of the are titles are available for $250,000. Lots 4 & 5 (2 titles, 2000sqm in total) can be sold separately for $130,000. Lots 6 & 19 (2 titles, 2000sqm in total) can also be sold for $120,000. Perfect land bank opportunity for the future.
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Property Details for Burke St, Newbridge

Building Type
Land
Land Size
4000m2

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About Newbridge 3551

The size of Newbridge is approximately 96.3 square kilometres. It has 3 parks covering nearly 7.4% of total area. The population of Newbridge in 2011 was 359 people. By 2016 the population was 185 showing a population decline of 48.5% in the area during that time. The predominant age group in Newbridge is 60-69 years. Households in Newbridge are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Newbridge work in a managers occupation. In 2011, 81.1% of the homes in Newbridge were owner-occupied compared with 86.7% in 2016..

Newbridge has 215 properties.

    There are currently 11 properties listed for sale, and no properties listed for rent in Newbridge on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Newbridge.

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