OFF MARKET

53 Nar Nar Goon-Longwarry Road
Garfield VIC 3814

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 919m2
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Property Details for 53 Nar Nar Goon-Longwarry Rd, Garfield

Building Type
Land
Land Size
919m2
Local Government
Cardinia
Lot/Plan
1/TP848396

Last Listing description (August 2024)

Gold Bank is thrilled to present an extraordinary investment prospect: a prime property nestled in the heart of Garfield's bustling main shopping strip. This property offers dual street access in Garfield, a town experiencing rapid growth and development, making it a truly unique investment opportunity.

Covering approximately 920m?, this expansive parcel of land is zoned Commercial Zone-1, offering remarkable potential for various developments. Whether you're envisioning retail shops, showrooms, restaurants, a bed & breakfast, an Airbnb, or residential units on a single title (subject to council approval), the possibilities are virtually limitless.

**Key Features**

- Prime location with dual street access.
- Just a minute walk from Garfield Train Station.
- Convenient freeway access, only 5 minutes' drive away.
- Approximately an hour and 20 minutes by train to Melbourne.
- A 50-minute drive to Chadstone via the M1 freeway.
- Located just minutes from Gumbaya World Theme Park.
- Close proximity to a prestigious lifestyle residential area with real estate
values exceeding $1 million.
- Adjacent to Garfield Cinema.
- Situated within a rapidly growing corridor.

Don't Miss This Exceptional Investment Opportunity

Opportunities of this caliber are rare, offering long-term security and growth potential. Seize this unique chance to invest in Garfield's flourishing community and secure your place in its bright future.

PHOTO ID REQUIRED AT OPEN FOR INSPECTION

NOTE: link for Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist

Disclaimer: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the part of the vendor or agent.

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Property History for 53 Nar Nar Goon-Longwarry Rd, Garfield, VIC 3814

A timeline of how this property has performed in the market
Last Sold
$180,000
21 Apr 2017
  • 22 Aug 2024
    Listed for Sale Not Disclosed
  • 21 Apr 2017
    Sold for $180,000
  • 27 Mar 2017
    Listed for Sale NEG OVER $180,000
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About Garfield 3814

The size of Garfield is approximately 26.4 square kilometres. The population of Garfield in 2011 was 1,466 people. By 2016 the population was 1,792 showing a population growth of 22.2% in the area during that time. The predominant age group in Garfield is 50-59 years. Households in Garfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Garfield work in a trades occupation. In 2011, 81.2% of the homes in Garfield were owner-occupied compared with 84.2% in 2016.

Garfield has 1,061 properties. Over the last 5 years, Houses in Garfield have seen a 46.38% increase in median value, while Units have seen a 19.77% increase. As at 30 September 2024:

  • The median value for Houses in Garfield is $796,347 while the median value for Units is $524,563.
  • Houses have a median rent of $498.
There are currently 15 properties listed for sale, and no properties listed for rent in Garfield on OnTheHouse. According to CoreLogic's data, 41 properties were sold in the past 12 months in Garfield.

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