OFF MARKET

2485 South Gippsland Highway
Tooradin VIC 3980

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 216m2
Land area: 70820m2
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Property Details for 2485 South Gippsland Hwy, Tooradin

Building Type
Land
Year Built
2010
Floor Size
216m2
Land Size
70820m2
Local Government
Casey
Lot/Plan
1/TP3649

Last Listing description (November 2024)

GoldBank Real Estate is excited to present a unique opportunity to acquire a premium property located at 2485 South Gippsland Highway. This strategically positioned 17.5-acre property sits at the high-visibility intersection of South Gippsland Hwy(M420) and Baxter Tooradin Road(C781), boasting a remarkable 385.6 meters of highway frontage, offering unparalleled exposure to heavy traffic - a true gateway site to Phillip Island and the Bass Coast.

Key Features:

- Premium 17.5 Acre Land Banking Opportunity
- 385.6 Metres of Highway Frontage with Heavy Traffic Exposure
- Strategically located exactly halfway between Melbourne CBD & Phillip Island.
- South Gippsland Highway provides access to the High-Profile Tourism & Freight.
- Concept Plan for a Smart City to include EV Service Centres and various other Opportunities.
- 2.4 KMs from URBAN GROWTH BOUNDARY
- Part Of the City of Casey's Growth Corridor
- Likely to appeal to Syndicates & High Net-Worth Investors, Companies across the Country
- Close to Clyde South PSP, Casey Fields South PSP, and Devon Meadows PSP which has the Country's Largest Developers and Big Names in the Industry.
- Once-in-a-lifetime opportunity to Capitalise the Future.
- The centre points to Victoria's Major Holiday Destinations - Phillip Island, Wilsons Promontory, Country Gippsland, and Mornington Peninsula.
- Quality Double storey House & Professional Grade Tennis Court for savvy investors to enjoy meanwhile the next development takes place.

This property is not only the best site in the area but also a versatile investment opportunity. It features an existing double-storey house, crafted with love and attention to detail, perfect for lifestyle buyers seeking a serene yet connected location. The property also boasts a professional-grade tennis court, ideal for recreational or professional use. the property includes a large dam, making it an excellent choice for those interested in market gardening, with the added benefit of landbanking potential for future capital growth.

S Gippsland Hwy provides access to the Premium Tourist attractions, Gippsland towns and Freight movements between Gippsland region & Melbourne.

Don't miss out on this rare opportunity to secure a highly sought-after location with endless possibilities. Contact AP Sidhu 0468413000 or Sukhdeep Singh 0412003466 today to discuss this exceptional property.

Property History for 2485 South Gippsland Hwy, Tooradin, VIC 3980

A timeline of how this property has performed in the market
Last Sold
$530,000
15 Dec 2007
  • 04 Sep 2024
    Listed for Sale Offers Over $3 Million
  • 15 Dec 2007
    Sold for $530,000
  • 05 Mar 1975
    Sold for $48,000

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About Tooradin 3980

The size of Tooradin is approximately 27.3 square kilometres. It has 3 parks covering nearly 0.5% of total area. The population of Tooradin in 2011 was 1,358 people. By 2016 the population was 1,547 showing a population growth of 13.9% in the area during that time. The predominant age group in Tooradin is 0-9 years. Households in Tooradin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tooradin work in a trades occupation. In 2011, 77.9% of the homes in Tooradin were owner-occupied compared with 80% in 2016.

Tooradin has 838 properties. Over the last 5 years, Houses in Tooradin have seen a 32.37% increase in median value, while Units have seen a 50.81% increase. As at 31 October 2024:

  • The median value for Houses in Tooradin is $897,026 while the median value for Units is $708,416.
  • Houses have a median rent of $530.
There are currently 14 properties listed for sale, and no properties listed for rent in Tooradin on OnTheHouse. According to CoreLogic's data, 32 properties were sold in the past 12 months in Tooradin.

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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.