23 Murchison StreetMarysville VIC 3779
Property Details for 23 Murchison St, Marysville
23 Murchison St, Marysville is a 0 bedroom, 0 bathroom House and was built in 2011. The property has a land size of 507m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (October 2024)
Seize this rare chance to invest in an exceptional mixed-use development in the heart of Marysville-a growing tourist hotspot and residential hub. Presented by Biggin Scott North, this prime real estate offers a blend of commercial potential, modern residential living, and future development flexibility, making it an ideal investment for developers, entrepreneurs, and homeowners alike.
Development Overview :
Approved plans and permits.
Potential for a 2-level townhouse, allowing for further residential or holiday accommodation.
Vacant lot available for future development, adding even more investment flexibility.
Key Features:
Prime Commercial Location
Positioned on Murchison Street, one of Marysville's busiest areas, this development offers excellent visibility and foot traffic, ideal for retail, hospitality, or boutique businesses. Surrounded by key attractions like Fraga's Cafe and Marysville Country Bakery, it is perfectly placed to capture both local and tourist visitors.
Luxury Residential Living
The residences above the commercial spaces feature contemporary design, with stunning views of Marysville's lush surroundings, offering a perfect mix of tranquility and convenience.
Multiple Revenue Streams
From leasing retail spaces to renting out high-quality residential units, this development presents a versatile opportunity for investors looking to maximize returns.
Surrounding Amenities:
Tourism & Recreation
Located in a beloved tourist destination, the property is near popular attractions like Lake Mountain Alpine Resort and Wilderness Fly Fishing. With year-round outdoor activities such as hiking, skiing, and fishing, Marysville draws a steady influx of visitors. Lilydale is just a few minutes' drive.
Local Conveniences
Just steps away from community hubs like Marysville Primary School, Marysville Tavern, and Vic Oak Picnic Area, this development is ideally positioned for easy access to dining, entertainment, and local services.
Thriving Business Environment
With growing infrastructure and increasing popularity as a tourist and residential destination, Marysville is on the rise, and property values are expected to appreciate significantly.
Why Invest in 23 Murchison Street?
Tourist Hub: Marysville is a year-round attraction, ensuring steady demand for retail and accommodation spaces.
Community Growth: As Marysville's popularity continues to climb, investing in this development offers the potential for long-term value appreciation.
Modern Design with Future Potential: This development combines sleek, contemporary architecture with the flexibility to expand, making it an ideal investment in a growing market.
With multiple revenue streams from retail leases, residential rentals, and short-term holiday accommodations, this property offers a high return on investment. Its prime location in a tourism-heavy area ensures steady foot traffic and demand, while the growing local population adds to the long-term value proposition.
Don't miss out on this unique opportunity to secure a premium development in one of Victoria's most scenic and up-and-coming areas.
Contact us today for more details or to schedule a site visit.
Simran Khatrha 0431 178 435
Mandeep Gaudia 0448 399 244
Please see the below link for an up-to-date copy of the Due Diligence Check List:
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 vendor or agent
Property History for 23 Murchison St, Marysville, VIC 3779
- 25 Oct 2024Listed for Sale Undisclosed
- 26 Jul 2023Sold for $480,000
- 16 Jun 2022Listed for Sale Price on Application
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About Marysville 3779
The size of Marysville is approximately 196.3 square kilometres. It has 9 parks covering nearly 77.6% of total area. The population of Marysville in 2011 was 222 people. By 2016 the population was 387 showing a population growth of 74.3% in the area during that time. The predominant age group in Marysville is 60-69 years. Households in Marysville are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Marysville work in a managers occupation. In 2011, 89.7% of the homes in Marysville were owner-occupied compared with 78.3% in 2016.
Marysville has 659 properties. Over the last 5 years, Houses in Marysville have seen a 62.60% increase in median value, while Units have seen a 47.11% increase. As at 31 October 2024:
- The median value for Houses in Marysville is $676,475 while the median value for Units is $470,365.
- Houses have a median rent of $365.
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