5 Myers RoadDrouin VIC 3818
Property Details for 5 Myers Rd, Drouin
5 Myers Rd, Drouin is a 3 bedroom, 1 bathroom House and was built in 1990. The property has a land size of 20000m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Drouin in the last 12 months.
Last Listing description (August 2024)
A Unique Blend of Serenity and Opportunity on Drouin's Outskirts
Introducing an exclusive 5-acre flat parcel of land, set in the tranquil yet burgeoning outskirts of Drouin. This property offers an unparalleled combination of peaceful rural living and promising development prospects, presenting a not-to-be-missed opportunity for investors and dream home seekers alike.
Key Highlights:
Zoning: Low Density Residential Zoning (LDRZ), ideal for a range of development plans.
Size & Terrain: Spanning 5 acres of level, easily accessible land ? an increasingly rare find in the Drouin area.
Location: Perfectly positioned in a calm locale of Drouin, balancing quiet living with convenient access to amenities.
Subdivision Potential (STCA):
This land presents a golden opportunity for those eyeing investment or subdivision ventures. With the necessary Council approvals, the possibilities for growth and profitability are significant.
Home with Potential:
Centered on this expansive property is a 3-bedroom house ripe for renovation. This residence offers a solid foundation for those looking to refurbish and rejuvenate, creating a beautiful home or a key element in a broader development project.
Diverse Opportunities:
Customize Your Dream Home: Tailor this property to your personal preferences and create a living space that truly feels like home.
Subdivision for Success: Consider dividing the land, selling or developing parts of it for an attractive return on investment.
Strategic Land Banking: Secure this property as a valuable asset in the growing Drouin market.
Comprehensive Project (STCA): Merge renovation with subdivision, crafting a unique development that marries personal taste with savvy investment.
Why Choose Drouin?
Drouin is more than a location; it's a lifestyle choice that blends the allure of rural settings with the convenience of urban amenities. As a rapidly developing area, it offers a welcoming community and a promising future. This property is your ticket to being part of this exciting growth.
Seize the Opportunity:
This 5-acre property in Drouin isn't just a plot of land; it's a foundation for your dreams and aspirations. Ideal for various uses, whether for personal fulfillment, investment, or a blend of both, the potential here is as expansive as the land itself. Embrace this increasingly scarce opportunity in Drouin.
Disclaimer:
Lifestyle & Acreage Real Estate has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.
Property History for 5 Myers Rd, Drouin, VIC 3818
- 14 Feb 2024Sold for $1,380,000
- 08 Jan 2024Listed for Sale Not Disclosed
- 29 Dec 1998Sold for $125,000
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0About Drouin 3818
The size of Drouin is approximately 52.4 square kilometres. It has 47 parks covering nearly 4% of total area. The population of Drouin in 2011 was 9,685 people. By 2016 the population was 12,348 showing a population growth of 27.5% in the area during that time. The predominant age group in Drouin is 0-9 years. Households in Drouin are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Drouin work in a trades occupation. In 2011, 72.9% of the homes in Drouin were owner-occupied compared with 71.7% in 2016.
Drouin has 9,265 properties. Over the last 5 years, Houses in Drouin have seen a 42.35% increase in median value, while Units have seen a 38.41% increase. As at 31 August 2024:
- The median value for Houses in Drouin is $649,368 while the median value for Units is $426,618.
- Houses have a median rent of $495 while Units have a median rent of $420.
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