FOR SALE
$195,000-$215,000

31 Mackenzie Street
Numurkah VIC 3636

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 582m2
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Vacant Block of Land

Here is an exceptional opportunity to acquire a vacant block of land in the charming township of Numurkah. This property presents an enticing proposition for the savvy investor, with approved plans in place to construct a rooming house. Take advantage of the growing demand for affordable shared accommodation options in this delightful town.
Features:
Prime Location: Situated in the heart of Numurkah, this vacant block of land enjoys close proximity to all the amenities and attractions the town has to offer. Residents will have convenient access to local shops, cafes, parks, schools, and public transportation, ensuring a comfortable and accessible lifestyle.
Rooming House Development Plans: The property comes with approved plans to build a rooming house, providing an excellent investment opportunity for those looking to cater to the increasing demand for affordable housing options. Rooming houses offer a viable solution for students, young professionals, and individuals seeking cost-effective living arrangements.
Charming Township: Numurkah is a lovely township renowned for its friendly community, picturesque surroundings, and relaxed lifestyle. As the town continues to grow and flourish, there is a rising demand for affordable housing solutions. This property allows investors to capitalize on the town's development and invest in a promising real estate venture.
Customizable Potential: The vacant block of land offers endless possibilities for the development of the rooming house. Investors can tailor the design, layout, and amenities to suit their target market and optimize their return on investment. The opportunity to create a purpose-built property ensures the accommodation meets the needs and preferences of future occupants.
Further Details: For more information, including specific property details, development plans, and investment potential, please reach out to us via phone or email. Our dedicated team is ready to provide you with comprehensive information and assist you in exploring this exceptional opportunity further.
Don't miss out on this fantastic chance to acquire a vacant block of land with plans to build a rooming house in the sought-after township of Numurkah. Whether you're an experienced investor or new to the real estate market, this property offers an exciting venture with the potential for significant returns. Contact us today to obtain further details and seize this promising investment opportunity.

Property Details for 31 Mackenzie St, Numurkah

Building Type
Land
Land Size
582m2

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About Numurkah 3636

The size of Numurkah is approximately 194.1 square kilometres. It has 8 parks covering nearly 0.4% of total area. The population of Numurkah in 2011 was 4,767 people. By 2016 the population was 4,481 showing a population decline of 6.0% in the area during that time. The predominant age group in Numurkah is 60-69 years. Households in Numurkah are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Numurkah work in a labourer occupation. In 2011, 71.2% of the homes in Numurkah were owner-occupied compared with 70.4% in 2016.

Numurkah has 2,864 properties. Over the last 5 years, Houses in Numurkah have seen a 38.26% increase in median value, while Units have seen a 44.97% increase. As at 31 October 2024:

  • The median value for Houses in Numurkah is $328,382 while the median value for Units is $252,242.
  • Houses have a median rent of $420 while Units have a median rent of $300.
There are currently 25 properties listed for sale, and 5 properties listed for rent in Numurkah on OnTheHouse. According to CoreLogic's data, 88 properties were sold in the past 12 months in Numurkah.

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Brett Stickland
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