Whether it is time to take your business to the next level or you are looking for an astute addition to your property portfolio, this 680m2 site is an absolute must-see.
Offering significant development scope in the heart of Mirboo North with Commercial 1 zoning and 20m of frontage on Burchell Lane, this wonderful investment offers purchasers the potential to occupy the site and build storage for materials/equipment for their already established business or construct a commercial shop with attached residence in an established commercial precinct (STCA).
Positioned just a stone's throw from Mirboo North's iconic Ridgway and with water and sewerage connected and all services available nearby, this flat block is ready to build on!
*Information regarding the Design & Development overlay on this block can be found at https://planning-schemes.app.planning.vic.gov.au/SOUTH%20GIPPSLAND/ordinance/43.02-s13
The size of Mirboo North is approximately 96.6 square kilometres. It has 2 parks covering nearly 8% of total area. The population of Mirboo North in 2011 was 2,296 people. By 2016 the population was 2,218 showing a population decline of 3.4% in the area during that time. The predominant age group in Mirboo North is 60-69 years. Households in Mirboo North are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mirboo North work in a professional occupation. In 2011, 83.7% of the homes in Mirboo North were owner-occupied compared with 81.2% in 2016.
Mirboo North has 1,260 properties. Over the last 5 years, Houses in Mirboo North have seen a 51.61% increase in median value, while Units have seen a 48.25% increase. As at 30 September 2024:
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