111 Point Leo Rd, Merricks is a 3 bedroom, 3 bathroom House with 4 parking spaces and was built in 1970. The property has a land size of 15779m2 and floor size of 149m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Catching the salty sea breeze off beautiful Western Port Bay and embracing the rolling pastoral landscape of this prized southern side of the Peninsula, this 3.9 acre (approx.) property with a three bedroom, two bathroom blonde brick home is the calling card for those ready to indulge in any number of agribusiness pursuits and enjoy the coastal-country lifestyle, on the doorstep of some of Victoria's finest wineries.
Approximately 1km to the esteemed Point Leo Estate Winery and less than 2km (approx.) to gorgeous Point Leo Beach, this offering has excellent potential for viticulture, horticulture, agriculture and equine interests, and comes complete with a dam, machinery shed, sheering shed and fenced paddocks.
The residence features a lounge with a wood heater, a central kitchen with a gas stove, and a light-filled open-plan living and dining area capturing stunning landscape views through full-height windows. An adjoining deck is a perfect spot to enjoy a morning cuppa or relax at the end of the day, and the three double bedrooms (two with built-in robes) are serviced by two bathrooms, two WCs, and a separate laundry. If a more contemporary style is to your liking, there's scope to make upgrades or rebuild with your dream design (STCA) and take advantage of the stunning views.
Just over an hour's drive (approx.) from Melbourne, nested next to Red Hill and Flinders which has seen an exceptional surge in property value, 111 Point Leo Road is minutes to Balnarring Village, excellent restaurants and popular cafes, family-friendly attractions such as Ashcombe Maze and Lavender Gardens and Sunny Ridge Strawberry Farm, with Balnarring Racecourse and indulgent cellar door experiences within easy reach, whilst surf beaches and the world-class Peninsular Hot Springs are a short drive away.
The size of Merricks is approximately 11.9 square kilometres. It has 1 park covering nearly 1.1% of total area. The population of Merricks in 2011 was 1,171 people. By 2016 the population was 175 showing a population decline of 85.1% in the area during that time. The predominant age group in Merricks is 50-59 years. Households in Merricks are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Merricks work in a managers occupation. In 2011, 84.1% of the homes in Merricks were owner-occupied compared with 84.8% in 2016..
Merricks has 146 properties. Over the last 5 years, Houses in Merricks have seen a 54.03% increase in median value, while Units have seen a -26.84% decrease. As at 30 September 2024:
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