OFF MARKET

Rossiter Road
Koo Wee Rup VIC 3981

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 258999m2
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Last updated 11 Nov 2024
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Property Details for Lot 1 Rossiter Rd, Koo Wee Rup

Lot 1 Rossiter Rd, Koo Wee Rup is a 0 bedroom, 0 bathroom House. The property has a land size of 258999m2.

Building Type
House
Land Size
258999m2
Local Government
Cardinia
Lot/Plan
1/PS820319

Last Listing description (May 2024)

Raywhite Group proudly presents 64 Acres Approx. in Green Wedge Zone in Koo Wee Rup VIC 3981.

If you're looking for a sizable piece of land to add to your investment portfolio, this 64-acre parcel could be an excellent opportunity for you. Located in a desirable area, this land is ideal for land banking, a smart investment strategy that can provide significant returns in the long run. Here's a brief write-up that provides more information about this land for sale.

Location:

The land is situated in a prime location and is easily accessible. It is located near developing area with potential for future growth and development, making it an ideal location for land banking.

Topography:

The land has a relatively flat topography, making it suitable for various types of development, such as commercial, residential, or recreational projects in future STCA. The topography of the land allows for easy and cost-effective development, which is a significant factor to consider when land banking.

Zoning and Potential Usage:

The land is currently zoned Green Wedge Zone 1. It has the potential for rezoning for other uses (STCA). It is located in an area that is experiencing growth and development.

Price:

The land is priced reasonably, taking into account its location, topography, and potential for future development.

Conclusion:

This 64-acre land is an ideal investment opportunity for those looking to diversify their investment portfolio. With its prime location, flat topography, and potential for future development STCA, this land is an excellent candidate for land banking.

If you're interested in learning more about this land or would like to schedule a viewing Please contact the agent

For More Information Please contact:

RJ Singh 0477 051 648

Disclaimer: We have in preparing this document used our best endeavors to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document.

Purchasers should make their own enquiries and refer to the due diligence check-list provided by Consumer Affairs.
Click on the link for a copy of the due diligence check-list from Consumer Affairs.
http://www.consumer.vic.gov.au/duediligencechecklist

Property History for Lot 1 Rossiter Rd, Koo Wee Rup, VIC 3981

A timeline of how this property has performed in the market
  • 03 Mar 2023
    Listed for Sale Contact RJ Singh 0477 051 648

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About Koo Wee Rup 3981

The size of Koo Wee Rup is approximately 57.6 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Koo Wee Rup in 2011 was 3,079 people. By 2016 the population was 3,583 showing a population growth of 16.4% in the area during that time. The predominant age group in Koo Wee Rup is 0-9 years. Households in Koo Wee Rup are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Koo Wee Rup work in a trades occupation. In 2011, 74.2% of the homes in Koo Wee Rup were owner-occupied compared with 75.8% in 2016.

Koo Wee Rup has 2,074 properties. Over the last 5 years, Houses in Koo Wee Rup have seen a 34.19% increase in median value, while Units have seen a 32.27% increase. As at 31 October 2024:

  • The median value for Houses in Koo Wee Rup is $720,246 while the median value for Units is $500,471.
  • Houses have a median rent of $595 while Units have a median rent of $358.
There are currently 31 properties listed for sale, and 1 property listed for rent in Koo wee rup on OnTheHouse. According to CoreLogic's data, 92 properties were sold in the past 12 months in Koo wee rup.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.