OFF MARKET

105 Patterson Road
Officer South VIC 3809

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 72844m2
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Last updated 2 Sep 2024
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Property Details for 105 Patterson Rd, Officer South

Building Type
Commercial
Land Size
72844m2
Local Government
Cardinia
Lot/Plan
1/TP122198

Last Listing description (September 2024)

Landwise Real Estate proudly presents 18 Acres (approx.) of land parcel in the Urban Growth Zone (Officer South Employment Precinct) Located within one of Victoria's major growth corridors. Invest in this prime land parcel in Officer South and take advantage of its strategic location within a thriving growth corridor. This opportunity is perfect for those looking to develop or invest in an area poised for significant future growth.

The Officer South Employment Precinct Structure Plan (PSP) presents a significant opportunity for future development in the Cardinia Shire, located about 45 km southeast of Melbourne's central business district. The plan covers approximately 1,069 hectares* and aims to transform this area into a hub for commercial and industrial activity, providing about 22,000 jobs* and around 1,600 new homes*.

Key features of the Officer South PSP include the establishment of employment zones that accommodate industries such as advanced manufacturing, research, logistics, and potentially data centres. The plan emphasizes integrating residential areas with ample open space, activity centres, community facilities, and access to public transportation to create a well-connected and sustainable community (VPA - Victorian Planning Authority) (Engage Victoria).

The Victorian Planning Authority (VPA) is leading this initiative in collaboration with the Cardinia Shire Council and various state government agencies. The PSP will guide land use and infrastructure development over the next 20-30 years, ensuring that the area's growth is well-coordinated and meets both local and regional needs (VPA - Victorian Planning Authority) (Creating Cardinia).

**Property Overview:**

**Location:**
- Situated in the Urban Growth Zone of Officer South Employment Precinct.
- Located within one of Victoria's major growth corridors.

**Key Features:**
- Less than 1 hour* drive to Melbourne CBD.
- Less than 5 minutes* drive to M1.
- Proximity to all essential amenities.
- Approximately 10 minutes* from Cardinia Road Train Station.
- Approximately 15 minutes* drive from Pakenham.

*Approximate times are provided for convenience.

**Contact Information:**

For further information or to arrange a viewing, please contact the exclusively appointed sales and marketing agents:

Vorinder Turen
Phone: +61 452 077 702
Email: vorinder.turen@landwisere.com.au

Sandy Panjeta
Phone: +61 405 021 000
Email: sandy.panjeta@landwisere.com.au

**Additional Information:**

- The vendors will consider genuine and reasonable offers.
- Prospective buyers are encouraged to review the Due Diligence Checklist available at: [Consumer Affairs Victoria - Due Diligence Checklist](http://www.consumer.vic.gov.au/duediligencechecklist)

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Property History for 105 Patterson Rd, Officer South, VIC 3809

A timeline of how this property has performed in the market
Last Sold
$9,800,000
07 May 2022
Listed for Rent
$340/w
12 Jan 2021
  • 03 Sep 2024
    Listed for Sale Not Disclosed
  • 20 May 2024
    Listed for Sale Not Disclosed
  • 07 May 2022
    Sold for $9,800,000
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About Officer South 3809

The size of Officer South is approximately 20 square kilometres. It has 1 park. The population of Officer South in 2011 was 448 people. By 2016 the population was 81 showing a population decline of 81.9% in the area during that time. The predominant age group in Officer South is 10-19 years. Households in Officer South are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Officer South work in a managers occupation. In 2011, 76.9% of the homes in Officer South were owner-occupied compared with 64% in 2016.

Officer South has 1,150 properties. Over the last 5 years, Houses in Officer South have seen a 7.06% increase in median value. As at 31 October 2024:

  • The median value for Houses in Officer South is $813,146 while the median value for Units is $622,701.
  • Houses have a median rent of $600.
There are currently 8 properties listed for sale, and 1 property listed for rent in Officer south on OnTheHouse. According to CoreLogic's data, 39 properties were sold in the past 12 months in Officer south.

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