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275 Channel Road
Orrvale VIC 3631

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VENDOR WANTS TO SELL: PRIME LAND WITH FARMING BUSINESS OPPORTUNITY ON CHANNEL & DOYLES ROAD, ORRVALE

RCP Group proudly introduces an impressive land offering, approximately 53 acres in size, situated at 275 Channel Road, Orrvale, VIC 3631. This sizable parcel presents an exceptional investment prospect, particularly for those seeking to engage in strategic land banking, a promising avenue for long-term returns.
Position:
Located prominently on Channel Road, this prime piece of land offers easy accessibility and holds tremendous potential for future growth and development with Farming Business producing good returns. It enjoys close proximity to Orrvale Primary School and is just a short drive away from local shops, supermarkets, Shepperton City Centre, the airport, and the train station.
Structure:
This land vaunts a moderately level structure, making it highly suitable for a range of farming activities, providing an ideal setting for agricultural endeavors.
Zoning:
This land possesses the potential for future rezoning (STCA).
Considering its advantageous location and favorable topographical features, it is a persuasive choice for smart investors.
*** Long Term Settlement ****
For further information, please get in touch with:
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Property Details for 275 Channel Rd, Orrvale

Building Type
Rural

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About Orrvale 3631

The size of Orrvale is approximately 11.4 square kilometres. The population of Orrvale in 2011 was 523 people. By 2016 the population was 423 showing a population decline of 19.1% in the area during that time. The predominant age group in Orrvale is 50-59 years. Households in Orrvale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Orrvale work in a managers occupation. In 2011, 75.3% of the homes in Orrvale were owner-occupied compared with 78.2% in 2016..

Orrvale has 223 properties. Over the last 5 years, Houses in Orrvale have seen a 53.60% increase in median value, while Units have seen a 79.97% increase. As at 30 November 2024:

  • The median value for Houses in Orrvale is $860,718 while the median value for Units is $258,757.
There are currently 3 properties listed for sale, and 1 property listed for rent in Orrvale on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Orrvale.

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Manju Nath Boraiah
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Gurdeep Singh
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