257-265 Koorlong AvenueNichols Point VIC 3501
Property Details for 257-265 Koorlong Ave, Nichols Point
Last Listing description (August 2024)
Very rarely does such a large parcel of land (25.34ha / 62.61ac) in the prime Nichols Point location and with outstanding production figures come onto the market.
Located on the fringe of Irymple offering huge future development potential.
Comprising 3 contiguous titles with frontage to Koorlong Avenue, Karadoc Avenue and Eleventh Street.
Improvements include 7mx 12m shed, town water & rural water, pump and filtration systems.
The vineyard boasts top class loamy soils and has been developed and maintained to a very high standard, with excellent trellising systems throughout.
An outstanding property with exceptional cash flow, making this an ideal property to land bank for future development.
We highly recommend inspection, as this one will not disappoint!
For further information please call Tony Roccisano.
Property History for 257-265 Koorlong Ave, Nichols Point, VIC 3501
- 04 Jun 2024Sold for $533,520
- 10 Apr 2024Listed for Sale Price On Application
- 08 Mar 2023Listed for Sale Price on Application
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About Nichols Point 3501
The size of Nichols Point is approximately 23.7 square kilometres. It has 4 parks covering nearly 57.2% of total area. The population of Nichols Point in 2011 was 1,463 people. By 2016 the population was 1,532 showing a population growth of 4.7% in the area during that time. The predominant age group in Nichols Point is 10-19 years. Households in Nichols Point are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nichols Point work in a managers occupation. In 2011, 81.8% of the homes in Nichols Point were owner-occupied compared with 84.7% in 2016.
Nichols Point has 755 properties. Over the last 5 years, Houses in Nichols Point have seen a 57.35% increase in median value. As at 30 September 2024:
- The median value for Houses in Nichols Point is $685,795 while the median value for Units is $226,916.
- Houses have a median rent of $325.
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