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117 Princes Highway
Werribee VIC 3030

Bedrooms: -
Bathrooms: -
Car spaces: 20
Floor area: 339m2
Land area: 839m2
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Prime location for Medical centre close to the Werribee Mercy Hospital

Raine & Horne Land Victoria presents Medical and commercial freehold building located at 117 Princes Highway, Werribee.
This outstanding property is a testament to the potential and opportunities that await astute owner occupying buyers in this thriving business hub. Perfect for medical, retail or office environments. Wyndham is one of the fastest growing municipalities in Australia.
Property details:
Commercial freehold building 117 Princes Highway, Werribee..
Land area: Approximately 839m2, offering ample space for various development options.
Building area: Approximately 540m2, spread over two floors, providing substantial space for your medical suites.
Frontage: A generous frontage, ensuring excellent visibility with a slip lane for easy access.
Side access: Convenient side access for patient loading and unloading with ample car parking on site.
Zoning: General Residential / Mix use Zone Schedule 1, providing a wide range of potential uses and development opportunities (subject to council approval).
Invest in a property that not only offers a prime location but also the potential for growth and success in the thriving Werribee area. Whether you're looking to establish a new business or expand your existing portfolio, 117 Princes Highway is a rare find that promises to deliver exceptional value.
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Property Details for 117 Princes Hwy, Werribee

Building Type
Commercial
Floor Size
339m2
Land Size
839m2

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About Werribee 3030

The size of Werribee is approximately 42.7 square kilometres. It has 69 parks covering nearly 8.1% of total area. The population of Werribee in 2011 was 37,737 people. By 2016 the population was 40,344 showing a population growth of 6.9% in the area during that time. The predominant age group in Werribee is 20-29 years. Households in Werribee are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Werribee work in a clerical occupation. In 2011, 68.6% of the homes in Werribee were owner-occupied compared with 65.4% in 2016.

Werribee has 28,321 properties. Over the last 5 years, Houses in Werribee have seen a 23.61% increase in median value, while Units have seen a 18.26% increase. As at 30 September 2024:

  • The median value for Houses in Werribee is $631,825 while the median value for Units is $433,760.
  • Houses have a median rent of $470 while Units have a median rent of $410.
There are currently 196 properties listed for sale, and 91 properties listed for rent in Werribee on OnTheHouse. According to CoreLogic's data, 1190 properties were sold in the past 12 months in Werribee.

Suburb Insights for Werribee 3030

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Abdul Haseeb Syed
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Harvir Hans
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Raine & Horne Land Victoria
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.