OFF MARKET

10 School Lane
Merrijig VIC 3723

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 37636m2
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Property Details for 10 School Lane, Merrijig

Building Type
Land
Land Size
37636m2
Local Government
Mansfield

Last Listing description (February 2018)

You can shape the future of Merrijig and take advantage of the huge potential for further growth of High Country tourism and the influx of 'tree changers' to the Mansfield Shire. Just over 9 acres recently rezoned Township Zone 'to provide for residential development and a range of commercial, industrial and other uses'. (Mansfield Planning Scheme Amendment C37)
* High traffic exposure en-route to Mt Buller, Mt Stirling and Howqua Track
* Frontage to Mt Buller Road, School Lane, McCormacks Road and the Delatite River

* Currently operating as Merrijig Lodge (please note we are not selling the business)
* 14 room lodge can accommodate over 50 guests with separate M/F shower facilities
* Communal building with TV room, games room, lounge/dining hall with stone fireplace
* Serviced by commercial kitchen with gas cooking, cool room and plenty of storage
* In-ground pool, separate Managers residence plus 2nd dwelling with rural outlook
* Stroll across the road for a drink or meal at the iconic Hunt Club Hotel or Merrijig Motor Inn
* About 2 hours drive from Melbourne and 15 minutes from Mansfield
* Under 10 minutes to the gates of Mt Buller/Mt Stirling and Alpine National Park
* Contact the office for a draft plan for 26 lot subdivision and sales forecast
* Merrijig has reticulated water and sewerage already in place
* Extended settlement terms available pending acceptable proposal

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Property History for 10 School Lane, Merrijig, VIC 3723

A timeline of how this property has performed in the market
  • 01 Aug 2017
    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 542 properties. Over the last 5 years, Houses in Merrijig have seen a 73.97% increase in median value, while Units have seen a 57.60% increase. As at 30 November 2024:

  • The median value for Houses in Merrijig is $775,765 while the median value for Units is $655,061.
  • Houses have a median rent of $500.
There are currently 16 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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