FOR SALE
$675,000 - $720,000

121-127 First Street
Nichols Point VIC 3501

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 2.3ha
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EXPLORE THE LIFESTYLE POTENTIAL

* Introducing a unique real estate opportunity in a highly sought-after location, these 3 bedroom functional homes are set across two titles and total a generous lot of approx. 2.3 hectares
* While the existing dwellings are livable, the true value lies in the potential for redevelopment to make way for a new build that suits your vision
* Whether you’re looking for a great lifestyle location or considering the properties for other purposes, the expansive lot and dual access from both First Street and Keating Avenue make it an ideal choice
* Situated in close proximity to the River and Bruces Bend facilities with the Kings Billabong Reserve only a few hundred metres away, the land is currently divided into a variety of paddocks and has stables and shedding
* Presenting an exciting prospect for those with a vision for redevelopment or those seeking a spacious & well-located property for lifestyle or business purposes (STCA)
Upon arrival at all Open Inspections you will be required to present photo identification.
Please contact our office if you would like more information.
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Property Details for 121-127 First St, Nichols Point

121-127 First St, Nichols Point is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 2.3ha. The place is currently for sale with First National Collie & Tierney.

Building Type
House
Land Size
2.3ha

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About Nichols Point 3501

The size of Nichols Point is approximately 23.7 square kilometres. It has 4 parks covering nearly 57.2% of total area. The population of Nichols Point in 2011 was 1,463 people. By 2016 the population was 1,532 showing a population growth of 4.7% in the area during that time. The predominant age group in Nichols Point is 10-19 years. Households in Nichols Point are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nichols Point work in a managers occupation. In 2011, 81.8% of the homes in Nichols Point were owner-occupied compared with 84.7% in 2016.

Nichols Point has 785 properties. Over the last 5 years, Houses in Nichols Point have seen a 63.88% increase in median value. As at 28 February 2025:

  • The median value for Houses in Nichols Point is $748,657 while the median value for Units is $284,494.
  • Houses have a median rent of $325.
There are currently 32 properties listed for sale, and no properties listed for rent in Nichols point on OnTheHouse. According to CoreLogic's data, 25 properties were sold in the past 12 months in Nichols point.

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Ben Ridley
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First National Collie & Tierney
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