OFF MARKET

1714-1790 Diggers Rest-Coimadai Road
Toolern Vale VIC 3337

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 869500m2
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Property Details for 1714-1790 Diggers Rest-Coimadai Rd, Toolern Vale

1714-1790 Diggers Rest-Coimadai Rd, Toolern Vale is a 0 bedroom, 0 bathroom House. The property has a land size of 869500m2. While the property is not currently for sale or for rent, it was last sold in October 2018.

Building Type
House
Land Size
869500m2
Local Government
Melton
Lot/Plan
1/PS443360

Last Listing description (August 2024)

Introducing a prime real estate opportunity brought to you by Landwise Real Estate?a sprawling 214-acre parcel nestled in the highly sought-after Western Growth Corridor of Melton Shire. This exceptional property is poised to captivate investors, developers, and savvy land bankers, offering a host of lucrative features.

**Key Highlights:**

1. **Expansive Land Size with Green Wedge Zoning:**

- A substantial 214 acres of pristine land, strategically designated under the esteemed Green Wedge Zone. This zoning underscores environmental consciousness and presents diverse possibilities for agricultural and sustainable development.

2. **Proximity to Woodgrove Shopping Centre:**
- Enjoy the convenience of being a mere 10-minute drive away from the thriving hub of Woodgrove Shopping Centre. This proximity enhances the property's allure, offering future residents or businesses easy access to retail, entertainment, and lifestyle amenities.

3. **Close to Melton's Local Amenities:**
- Situated in close proximity to the vibrant local amenities of Melton, the property seamlessly blends tranquillity with accessibility. Residents and businesses alike can benefit from the charm of Melton while still relishing the expansive surroundings.

4. **Strategic Accessibility:**
- Boasting a strategic location, the property is a short 45-minute drive to the bustling CBD and a mere 35 minutes from the Melbourne Airport. Such accessibility positions the property as an ideal investment for those prioritizing connectivity and ease of travel.

5. **Flexible Settlement Terms:**
- Landwise Real Estate understands the diverse needs of our discerning clientele. Embracing flexibility, the property offers negotiable settlement terms, catering to investors, developers, and land bankers with varied requirements, including those seeking longer settlement periods.

Seize the opportunity to be part of this visionary investment. Whether you envision residential development, commercial ventures, or long-term land banking, this 214-acre gem promises a canvas for your real estate ambitions. Contact Landwise Real Estate today to unlock the potential of this unparalleled offering in the thriving Western Growth Corridor.

If you have any further questions or would like to explore this opportunity, feel free to reach out.

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

Akash Sheoran
+61 475 784 408
akash.sheoran@landwisere.com.au

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.

Due Diligence Checklist -
http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 1714-1790 Diggers Rest-Coimadai Rd, Toolern Vale, VIC 3337

A timeline of how this property has performed in the market
Last Sold
$6,650,000
11 Oct 2018
  • 31 May 2019
    Listed for Sale CONTACT AGENT
  • 11 Oct 2018
    Sold for $6,650,000
  • 17 Feb 2016
    Transferred

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About Toolern Vale 3337

The size of Toolern Vale is approximately 96.4 square kilometres. It has 1 park covering nearly 6.7% of total area. The population of Toolern Vale in 2011 was 879 people. By 2016 the population was 732 showing a population decline of 16.7% in the area during that time. The predominant age group in Toolern Vale is 40-49 years. Households in Toolern Vale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Toolern Vale work in a clerical occupation. In 2011, 84% of the homes in Toolern Vale were owner-occupied compared with 87% in 2016.

Toolern Vale has 382 properties. Over the last 5 years, Houses in Toolern Vale have seen a 18.43% increase in median value. As at 31 August 2024:

  • The median value for Houses in Toolern Vale is $807,236 while the median value for Units is $494,837.
There are currently 7 properties listed for sale, and no properties listed for rent in Toolern vale on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Toolern vale.

Suburb Insights for Toolern Vale 3337

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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.