445 New Dookie RoadLemnos VIC 3631
Property Details for 445 New Dookie Rd, Lemnos
Last Listing description (August 2023)
LAWD is pleased to present for sale 445 New Dookie Road, Lemnos (Shepparton), a strategic future industrial development site of scale, positioned within the supply constrained Greater Shepparton growth corridor.
Strategically located in Lemnos, in proximity to prominent food supply businesses, transport and logistics groups, commercial scale cool storage operators and a variety of productive agricultural enterprises, the property will capitalise on the short-term supply of currently zoned industrial land in the immediate vicinity, as well as the wider Greater Shepparton area.
KEY HIGHLIGHTS INCLUDE:
Identified in response to a shortage of land currently zoned for industrial use throughout the entire Greater Shepparton growth corridor
Short-term land banking/equine opportunity with a substantial long-term planning uplift
Benefited by town water, water entitlements including High Reliability (7.1* megalitres) and Low Reliability (3.3* megalitres) and on-farm water storage
Featuring an immaculate four-bedroom residence with air conditioning and wood heater
Improvements include stables, holding yards and horse training facilities, as well as general-purpose shedding
38* holding paddocks, each with concrete troughs, ideally suited to horse agistment
Strategically located in relation to the future Shepparton bypass, whilst currently adjoining the existing industrial growth boundary within Lemnos
Positioned five* linear kilometres north-east of the Shepparton Town Centre and 165* linear kilometres north of the Melbourne CBD, between Melbourne and Sydney, within Victorias ever expanding food bowl
*approximately
Property History for 445 New Dookie Rd, Lemnos, VIC 3631
- 16 Aug 2023Sold for $2,600,000
- 24 Aug 2022Listed for Sale EOI
- 13 Feb 2015Sold for $730,000
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About Lemnos 3631
The size of Lemnos is approximately 18.7 square kilometres. The population of Lemnos in 2011 was 303 people. By 2016 the population was 250 showing a population decline of 17.5% in the area during that time. The predominant age group in Lemnos is 50-59 years. Households in Lemnos are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lemnos work in a managers occupation. In 2011, 83.7% of the homes in Lemnos were owner-occupied compared with 88.9% in 2016..
Lemnos has 154 properties. Over the last 5 years, Houses in Lemnos have seen a 206.26% increase in median value. As at 31 October 2024:
- The median value for Houses in Lemnos is $746,349 while the median value for Units is $376,000.
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