15 Racecourse RoadNagambie VIC 3608
Property Details for 15 Racecourse Rd, Nagambie
15 Racecourse Rd, Nagambie is a 0 bedroom, 0 bathroom House. The property has a land size of 11527m2. While the property is not currently for sale or for rent, it was last sold in March 1988.
Last Listing description (November 2024)
Are you a savvy developer looking for your next big project? Look no further! This exceptional 1.15-hectare (11,500 SQM) property in Nagambie is a dream come true. Situated on Racecourse Road, this land offers an exciting opportunity for those with a vision.
Key Features:
General Residential Zoning: This property is zoned for general residential use, opening up a world of possibilities for your development plans.
Prime Location: Located just a stone's throw away from Nagambie's town center, convenience is at your doorstep. The following key destinations are easily accessible:
Nagambie bus station ? 1km
Lake Nagambie ? 1.1km
Champions IGA ? 1.7km
Development Potential: While the land is being sold without a planning permit, our preferred architectural designer is confident in obtaining one for the construction of 18-22 dwellings (S.T.C.A). These can be thoughtfully designed as single-story structures to keep development costs as low as possible.
If this incredible development opportunity aligns with your criteria, don't hesitate to inquire. We can provide you with the section 32, a copy of the Strathbogie planning scheme, and connect you with our preferred architectural designer, who can provide further insights into the development potential of this site.
Don't miss out on this golden opportunity to shape Nagambie's future. Contact us today to get started on your next successful development project!
Property History for 15 Racecourse Rd, Nagambie, VIC 3608
- 08 Nov 2024Listed for Sale $945,000
- 22 Mar 1988Sold for $22,000
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0About Nagambie 3608
The size of Nagambie is approximately 144.9 square kilometres. It has 8 parks covering nearly 0.6% of total area. The population of Nagambie in 2011 was 1,547 people. By 2016 the population was 1,863 showing a population growth of 20.4% in the area during that time. The predominant age group in Nagambie is 60-69 years. Households in Nagambie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nagambie work in a managers occupation. In 2011, 66.8% of the homes in Nagambie were owner-occupied compared with 70.9% in 2016.
Nagambie has 1,768 properties. Over the last 5 years, Houses in Nagambie have seen a 54.29% increase in median value, while Units have seen a 55.03% increase. As at 31 October 2024:
- The median value for Houses in Nagambie is $603,524 while the median value for Units is $414,303.
- Houses have a median rent of $495 while Units have a median rent of $310.
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