OFF MARKET

10 Mccormacks Road
Merrijig VIC 3723

Bedrooms: 4
Bathrooms: 2
Car spaces: 10
Floor area: 165m2
Land area: 4462m2
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Last updated 16 Sep 2024
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Property Details for 10 Mccormacks Rd, Merrijig

10 Mccormacks Rd, Merrijig is a 4 bedroom, 2 bathroom House with 10 parking spaces and was built in 1980. The property has a land size of 4462m2 and floor size of 165m2.

Building Type
House
Year Built
1980
Floor Size
165m2
Land Size
4462m2
Local Government
Mansfield
Lot/Plan
1/TP608356

Last Listing description (August 2020)

Boasting 3 dwellings on the property, including 2 homes & a fully furnished lodge accommodating 52 paying guests. 10 McCormacks Road allows owners to manage accommodation, live onsite & even rent out the second house! * 5 bedroom home, master with ensuite, open plan kitchen/living with separate lounge* Cosy 2 bedroom home with garage ideal for lodge manager or permanent rental* In-ground pool servicing the lodge guests, laundry & plenty of shedding for storage* Lodge accommodating 52 guests with 14 bedrooms 2 en-suited (not selling business)* Separate men’s & ladies share bathroom facilities plus a huge drying/storage room* Adjoining communal dining hall with fireplace, separate TV room plus a games room* Commercial kitchen with servery bench, cool room, gas cooking & walk in storeroom* 9.4 acres recently rezoned to Township Zoning allowing multiple development options* Subdivide all the land or subdivide off the 5 bedroom house & keep the rest (STCA)The Mansfield Mt Buller & Lake Eildon region is nationally recognised as both a Summer & Winter holiday playground, attracting well over 1.2 million visitors per year. All year round, travellers, clubs & groups flock to the area to ski, horse ride, mountain bike, 4WD, motorbike, water-ski and explore our lakes, rivers & mountains. An opportunity presents itself for you to tap into this thriving tourism mecca & love working for yourself, where you live!

Property History for 10 Mccormacks Rd, Merrijig, VIC 3723

A timeline of how this property has performed in the market
  • 12 Jun 2020
    Listed for Sale $1,300,000
  • 07 Nov 2019
    Listed for Sale $1,300,000
  • 12 Feb 2018
    Listed for Sale $1,700,000 - $1,900,000
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About Merrijig 3723

The size of Merrijig is approximately 157.3 square kilometres. It has 1 park covering nearly 46% of total area. The population of Merrijig in 2011 was 705 people. By 2016 the population was 539 showing a population decline of 23.5% in the area during that time. The predominant age group in Merrijig is 10-19 years. Households in Merrijig are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Merrijig work in a professional occupation. In 2011, 67.6% of the homes in Merrijig were owner-occupied compared with 73.4% in 2016.

Merrijig has 540 properties. Over the last 5 years, Houses in Merrijig have seen a 88.21% increase in median value, while Units have seen a 60.85% increase. As at 31 August 2024:

  • The median value for Houses in Merrijig is $869,617 while the median value for Units is $623,527.
  • Houses have a median rent of $500.
There are currently 17 properties listed for sale, and 1 property listed for rent in Merrijig on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Merrijig.

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