72 Ritchie StreetKirkstall VIC 3283
Property Details for 72 Ritchie St, Kirkstall
Last Listing description (April 2021)
Tucked away in a peaceful rural setting in the township of Kirkstall, close to Koroit, Warrnambool, Port Fairy and all city amenities, this 2 acre allotment offers a rare chance to get away from it all, escape the city and create your own little piece of paradise.
Measuring approx 57.4m frontage x 140.8m deep, this flat, fully fenced building block offers a little more than first meets the eye. Zoned township with sealed road access to the front and unusually, privately leased unsealed Government roads along the Eastern and Southern boundaries, there may well be options for subdivision/ redevelopment later on. For the moment, with neighbouring properties in Ritchie Street set on 1 acre allotments half as wide and the same depth, there is potential to split the 2 acre block in half, creating 2 x 1 acre building blocks (STCA). So your decision will then be: one house or two?
The unique nature of the land with regard to the subdivision option lends itself to many different lifestyle/ investment opportunities. There is potential to build 2 homes, one on each half, live in one & keep one for investment; maybe build for Airbnb holiday rental purposes where you could rent out one or both properties together; use the site for your home business with space for house + office/ showroom/ studio; you could accommodate a dependent relative, or even keep your partner happy & live right next door to your mother-in-law!
Alternatively you might just want the land size all for yourself, with ample room to have the swimming pool, garaging/ workshop/ studio that you've always dreamed of... or establish country gardens, vegies, orchard on the fertile soil, live off the grid and enjoy sustainable living. 2 acres gives you plenty of room to spread out and enjoy a private, country lifestyle in peaceful surrounds...
The 2 acre site is fully fenced, flat, with power & phone close by, titled and ready to build on now. There is no town water in Kirkstall or town gas so your new home would have rainwater tanks, septic system and bottled gas. There are many locations for a potential home site and few building restrictions here, so you are limited only by your imagination... just keep in mind potential subdivision options for later on when siting the house.
Other than the country aspect, open space all round, sea breeze on those hot summer nights and complete silence of an evening, the best thing about this location is that you feel like you're in the middle of nowhere... yet everything you need is practically at your doorstep! A short walk to the bus stop for district primary and high schools, and a 5-10 minute walk to the local Kirkstall hotel. Jump in the car and in 5 minutes you can be at Koroit's shops, restaurants, schools, medical centre or venturing thru Tower Hill Reserve. In under 15 minutes you can be swimming or surfing at Killarney beach, coming into Warrnambool or Port Fairy or embarking on a daytrip down the Great Ocean Road.
This is a fantastic lifestyle opportunity with plenty of possibilities for now or later on. A great site and location for your 'escape to the country' with all city amenities conveniently closeby. Call us today for more details and take the first step towards the lifestyle change you've been yearning for!
Property History for 72 Ritchie St, Kirkstall, VIC 3283
- 30 Mar 2021Sold for $210,000
- 25 Feb 2021Listed for Sale $225,000 - $245,000
- 12 Nov 2018Sold for $225,000
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0About Kirkstall 3283
The size of Kirkstall is approximately 73.7 square kilometres. The population of Kirkstall in 2011 was 347 people. By 2016 the population was 361 showing a population growth of 4.0% in the area during that time. The predominant age group in Kirkstall is 0-9 years. Households in Kirkstall are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kirkstall work in a professional occupation. In 2011, 82.7% of the homes in Kirkstall were owner-occupied compared with 78.6% in 2016..
Kirkstall has 247 properties. Over the last 5 years, Houses in Kirkstall have seen a 94.51% increase in median value, while Units have seen a -20.01% decrease. As at 31 October 2024:
- The median value for Houses in Kirkstall is $859,271 while the median value for Units is $460,041.
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