Cutcliffe Properties are pleased to present this outstanding opportunity to secure a high profile industrial/development site located in the heart of Marulan. With easy access to the Hume Highway, explore the potential of this 5100sqm site which has many development uses under the IN2 zoning.
Boasting a 65m road frontage, 25 Portland Avenue offers the follow key attributes: - Free standing office with 2 steel security doors, reception area, 2 internal offices and 3 toilets (one with a shower and kitchenette) - Large covered warehouse with sliding door and rear access, 40x18m shed, separate storage area 15x30m, 3 phase 300 amp power, and the property is surrounded by chain linked fencing - IN2 zoning - Minutes from the Hume Highway - Solid short term or long term holding income - Large 5100sqm site
This is an excellent opportunity for any investor or business looking for a high profile site in a prominent location.
The size of Marulan is approximately 190.5 square kilometres. It has 5 parks covering nearly 2.3% of total area. The population of Marulan in 2011 was 1,382 people. By 2016 the population was 1,183 showing a population decline of 14.4% in the area during that time. The predominant age group in Marulan is 0-9 years. Households in Marulan are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Marulan work in a trades occupation. In 2011, 78.2% of the homes in Marulan were owner-occupied compared with 76.6% in 2016.
Marulan has 1,156 properties. Over the last 5 years, Houses in Marulan have seen a 49.64% increase in median value, while Units have seen a 5.03% increase. As at 31 October 2024:
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