OFF MARKET

66-114 Paynes Road
Grangefields VIC 3335

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 120118m2
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Property Details for 66-114 Paynes Rd, Grangefields

Building Type
Land
Land Size
120118m2
Local Government
Melton
Lot/Plan
5/LP137020

Last Listing description (July 2023)

Colliers are pleased to present 66 - 114 Paynes Road, Rockbank for sale.

Distinctive corner land holding which benefits from 650m* Western Freeway frontage and linkage to recently upgraded transport infrastructure. Rockbank Green is in proximity to many highly successful established master planned communities including Thornhill Park and Woodlea Estate. The site is only minutes to amenities such as schools, hospitals, shopping, community centres, open space, and recreation.

Key features of this opportunity are highlighted below:

Within the Urban Growth Zone in the future Melton East Precinct Structure Plan. The PSP is planned to include 12,895* residential lots

The Melton East PSP has commenced and is at Draft Structure and Plan Preparation Stage

An opportunity to secure a strategic residential development site, with potential for commercial/retail development

Neighbouring estates include Thornhill Park Estate and Woodlea Estate

39km* to Melbourne's CBD via transport linkages including 30-minute drive* via Western Freeway

For further information, please contact the exclusive selling agents at Colliers.

Trent Hobart
+61 433 196 452

Michael Gardiner
+61 404 441 122

Mark Burgio
+61 423 388 981

*approx.
Outlines indicative

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Property History for 66-114 Paynes Rd, Grangefields, VIC 3335

A timeline of how this property has performed in the market
Last Sold
$9,700,000
07 Feb 2018
  • 23 Mar 2023
    Listed for Sale Please contact agent
  • 13 Nov 2018
    Listed for Sale Contact Agent
  • 07 Feb 2018
    Sold for $9,700,000
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About Grangefields 3335

The size of Grangefields is approximately 7.6 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Grangefields in 2011 was 1,349 people. By 2016 the population was 1,537 showing a population growth of 13.9% in the area during that time. The predominant age group in Grangefields is 40-49 years. Households in Grangefields are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Grangefields work in a machinery operators and drivers occupation. In 2011, 69.5% of the homes in Grangefields were owner-occupied compared with 63.6% in 2016..

Grangefields has 63 properties. Over the last 5 years, Houses in Grangefields have seen a -18.81% decrease in median value. As at 31 October 2024:

  • The median value for Houses in Grangefields is $870,236.
There are currently 2 properties listed for sale, and no properties listed for rent in Grangefields on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Grangefields.

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