OFF MARKET

14 Patterson Road
Officer South VIC 3809

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 254952m2
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Property Details for 14 Patterson Rd, Officer South

Building Type
Rural
Land Size
254952m2
Local Government
Cardinia
Lot/Plan
1/LP203030

Last Listing description (November 2024)

Ray White Land Sales Victoria is excited to present 14 Patterson Road, Officer South to the market For Sale via Expression of Interest closing on Friday 21 June 2023 at 4pm (AEST).

A premium equestrian training facility located in one of Melbourne's fastest growing suburbs. This property has considerable future potential (Opposite to Officer South Employment PSP). This desirable complex is 63 acres* in size and has all the required infrastructure emplace. This farm was established in 2005, as a private breeding farm, which possesses the potential for commercial thoroughbred pre-training and rehabilitation. During the construction phase, considerable effort was placed in ensuring adequate drainage was emplace to prevent water from becoming dormant on the land during winter.

The Victorian Planning Authority (VPA) is coordinating the preparation of a Precinct Structure Plan for the Officer South Employment precinct. In accordance with Government strategic planning policy directions, the precinct is proposed to comprise a State Significant Industrial Precinct and Regional Significant Commercial business with residential precinct. The Officer South Employment Precinct is expected to provide 20,800 jobs and deliver 2,200 new homes.

Site details as follows:

+ GREEN WEDGE ZONE - SCHEDULE 1
+ Site area: 63 acres*/25.79 Ha*
+ Prominent frontage: 145 metres*

Key Property features:

+ Subdivision/Development potential (STCA)
+ 2,600 meter sand track
+ Water walker with 23 stables
+ 45 stables, including 11 home stables
+ Feed room
+ 2 living quarters for training staff (4 bedrooms, 3 toilets and plenty of parking)

Location benefits include:

+ Opposite Officer South Employment Precinct Structure Plan (PSP)
+ M1 Freeway: 5mins*
+ Princess Highway: 7 mins*
+ Pakenham Train Station: 18 mins*
+ Next to Cardinia Creek South PSP*
+ Arena Shopping Centre: 11 mins*
+ Officer Secondary College: 8 mins*
+ Bridgewood Primary School: 7 mins*
+ Cardinia Shire Council: 7 mins*
+ 12 minutes to Pakenham Racecourse
+ 15 minutes to Cranbourne Racecourse
+ Melbourne CBD: 50 mins*

*denotes approximate

For further information, please contact Ray White Land Sales Victoria's exclusively appointed agents on the details below:

JT Dhaliwal 0491 937 950

Karandeep Singh 0450 200 007

All interested parties should conduct their own due diligence before making any submissions.

DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. Please see the below link for an up-to-date copy of the Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 14 Patterson Rd, Officer South, VIC 3809

A timeline of how this property has performed in the market
Last Sold
$3,740,000
12 Aug 2016
Listed for Rent
$3.45k/w
30 May 2018
  • 08 Sep 2019
    Listed for Sale Sale or Lease
  • 11 Apr 2018
    Listed for Sale $8,400,000 to $7,700,000
  • 11 Apr 2018
    Listed for Rent - Price not available
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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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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.