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225 Princes Highway
Werribee VIC 3030

Bedrooms: -
Bathrooms: -
Car spaces: 5
Floor area: 500m2
Land area: 1401m2
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Medical/Development/Commercial Opportunity

The Agents Commercial present to you this incredible opportunity to secure your own space. The site provides the opportunity to secure a superbly located development site in the heart of Wyndham Council with arguably the greatest growth potential.
This property has an allotment size of 1401m2 (approx.) and lends itself to endless development opportunities:
• Medical Centre
• Unit development
• Townhouse development
• Home office suitable for a business that requires lots of parking or storage for trucks/trailers
• Or you could extend the existing property
• Keep the existing property and build at the rear
All (STCA).
Prime location – only minutes from Werribee Mercy Hospital, St Vincent's Private Hospital, U-Vet Hospital, Hoppers Crossing Station, and easy access to the freeway to Melbourne.
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Property Details for 225 Princes Hwy, Werribee

Building Type
Commercial
Floor Size
500m2
Land Size
1401m2

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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 28,375 properties. Over the last 5 years, Houses in Werribee have seen a 22.60% increase in median value, while Units have seen a 18.81% increase. As at 31 October 2024:

  • The median value for Houses in Werribee is $632,262 while the median value for Units is $435,135.
  • Houses have a median rent of $478 while Units have a median rent of $410.
There are currently 187 properties listed for sale, and 80 properties listed for rent in Werribee on OnTheHouse. According to CoreLogic's data, 1239 properties were sold in the past 12 months in Werribee.

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Ezaz Ahamad
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Swarit Verma
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