SOLD
Sold on 30 Jul 2024 for $470,000

39 Mckenzie Street
Echuca VIC 3564

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 135m2
Land area: 214484m2
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Property Details for 39 Mckenzie St, Echuca

Building Type
Rural
Year Built
1980
Floor Size
135m2
Land Size
214484m2
Local Government
Campaspe
Lot/Plan
11/LP67493

Last Listing description (October 2024)

As exclusive selling agents Dreamland property group have the pleasure in exclusively offering to market the extremely rare opportunity to acquire an industrial development site* with holding income at 47 and 1/49 McKenzie Rd Echuca VIC 3564 positioned in one of regional Victoria's most sought after industrial precincts.

What makes this opportunity more uncommon is it's positioning within the IND 1 zone in Echuca that is effectively fully developed and uniquely positioned to capture significant unsatisfied demand in the marketplace.

Key Investment Highlights include:

Large site area of 53 acres .An increasingly rare proposition in Regional Victoria's booming industrial corridor

High underlying land value due to the infill and fully developed nature of Echuca's Industrial 1 precinct
Excellent exposure and street frontage to McKenzie rd with rear exposure to Denmark Rd
Zoning provides unique opportunity to target specific industry groups that need to be located within this precinct or; valuable land for occupiers looking to secure their operation footprint in this location
Hyperconnected site with outstanding access to main road earmarked for strong rental and capital growth prospects in the future

McKenzie Rd is one of the most highly sought-after opportunities to be offered to the market in 2021 and we recommend your serious consideration in this exceptional offering.

This outstanding investment and development proposition not far from Bunnings Echuca and Echuca aerodrome

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Property History for 39 Mckenzie St, Echuca, VIC 3564

A timeline of how this property has performed in the market
Last Sold
$470,000
30 Jul 2024
  • 30 Oct 2024
    Listed for Sale CONTACT AGENT
  • 30 Jul 2024
    Sold for $470,000
  • 18 Nov 2009
    Sold for $262,500
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About Echuca 3564

The size of Echuca is approximately 141.3 square kilometres. It has 39 parks covering nearly 3.4% of total area. The population of Echuca in 2011 was 13,707 people. By 2016 the population was 14,028 showing a population growth of 2.3% in the area during that time. The predominant age group in Echuca is 50-59 years. Households in Echuca are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Echuca work in a professional occupation. In 2011, 65% of the homes in Echuca were owner-occupied compared with 66% in 2016.

Echuca has 9,211 properties. Over the last 5 years, Houses in Echuca have seen a 55.97% increase in median value, while Units have seen a 61.45% increase. As at 30 November 2024:

  • The median value for Houses in Echuca is $566,518 while the median value for Units is $419,160.
  • Houses have a median rent of $880 while Units have a median rent of $1,303.
There are currently 148 properties listed for sale, and 25 properties listed for rent in Echuca on OnTheHouse. According to CoreLogic's data, 287 properties were sold in the past 12 months in Echuca.

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