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Sold on 02 Dec 2024 - Price Unavailable

710 Mt Ridley Road
Mickleham VIC 3064

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 13ha
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Property Details for 710 Mt Ridley Rd, Mickleham

710 Mt Ridley Rd, Mickleham is a 4 bedroom, 2 bathroom AcreageSemi-rural with 2 parking spaces. The property has a land size of 13ha. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 4 bedroom AcreageSemi-rural sold in Mickleham in the last 12 months.

Building Type
AcreageSemi-rural
Land Size
13ha

Last Listing description (December 2024)

Ray White Wollert, as the exclusive agents, are excited to present an exceptional land banking opportunity located at 710 Mount Ridley Road, Mickleham. This property is available for purchase through an Expression of Interest process.

Unlock a prime land banking opportunity perfect for visionary developers! This strategically located parcel offers ample space for potential future residential development in a rapidly growing area. With nearby amenities, schools, and transportation links, this site promises to meet the increasing demand for housing. Imagine crafting a vibrant community where families thrive and residents enjoy a modern lifestyle. This land is not just an investment; it's a chance to shape the future of this burgeoning neighbourhood.

Situated just 30 kilometres north of Melbourne's Central Business District within the City of Hume, this substantial 33-acre parcel of land is directly across from major estates on Mickleham Road. Its strategic location is further enhanced by its proximity to the future Outer Metropolitan Ring Road (OMR), with Mt Ridley Road expected to intersect the OMR, thereby increasing road traffic and activity in this growing area of Mickleham.

The surrounding region boasts several significant developments, including Botanical by the Satterley Group, Woodsong Estate by HB Land, and Merrifield Estate by MAB. Mickleham itself is well-equipped with a variety of private and public schools, dining options, community facilities, medical centres and shopping complexes. Additionally, Melbourne Airport and the forthcoming Beveridge Freight Terminal are conveniently close to this site.

Key Investment Features:

- Expansive 33 acres of premium land
- In the vicinity of major developers such as HB Land, Satterley Group, and MAB Group
- Located 30 kilometres north of Melbourne CBD
- Easily accessible to neighbouring areas like Craigieburn, Greenvale, and Donnybrook
- 330m+ of Mount Ridley Road Frontage
- Just a 15-minute drive from Melbourne Airport
- Strategically situated East of the OMR
- Close proximity to the UGB
- Features fully flat terrain, ideal for future development
- Farm currently leased to a professional farmer

The Expression of Interest period will close on Friday, October 25th, at 4 PM (AEST).
For further details, please reach out to Garvit Mediratta on 0433 073 026.

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Property History for 710 Mt Ridley Rd, Mickleham, VIC 3064

A timeline of how this property has performed in the market
Last Sold
02 Dec 2024
Listed for Rent
$590/w
23 Nov 2023
  • 02 Dec 2024
    Sold
  • 18 Sep 2024
    Listed for Sale EOI Closing 25th October at 4pm
  • 28 Sep 2023
    Listed for Rent $590 / week
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About Mickleham 3064

The size of Mickleham is approximately 54.7 square kilometres. It has 10 parks covering nearly 3.1% of total area. The population of Mickleham in 2011 was 1,184 people. By 2016 the population was 3,141 showing a population growth of 165.3% in the area during that time. The predominant age group in Mickleham is 20-29 years. Households in Mickleham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mickleham work in a trades occupation. In 2011, 91.6% of the homes in Mickleham were owner-occupied compared with 90.6% in 2016.

Mickleham has 13,121 properties. Over the last 5 years, Houses in Mickleham have seen a 25.41% increase in median value, while Units have seen a 29.64% increase. As at 30 November 2024:

  • The median value for Houses in Mickleham is $708,751 while the median value for Units is $544,116.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 160 properties listed for sale, and 50 properties listed for rent in Mickleham on OnTheHouse. According to CoreLogic's data, 917 properties were sold in the past 12 months in Mickleham.

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Garvit Mediratta
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Ray White Wollert
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