OFF MARKET

550 Manks Road
Tooradin VIC 3980

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 296601m2
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Property Details for 550 Manks Rd, Tooradin

Building Type
Rural
Land Size
296601m2
Local Government
Casey
Lot/Plan
1/TP179513

Last Listing description (September 2023)

Raine & Horne Land Victoria is delighted to offer this exceptional parcel of approximately 29.66 Hectares ( 73 acres approx.)

A substantial 73 acres approx. green wedge property offering huge strategic opportunities, fabulous value and a dream rural lifestyle.

Featuring 2 Houses and 1 bungalow.

Positioned in an attractive pocket of Tooradin.

10 Minutes approx. from Cranbourne and all the amenities.

Short distance (2 Km approx. ) to Urban Growth Zone.

This is an ultimate opportunity for land bankers and investors.

Approximately 942 meter approx. of road frontage on Manks Road.

More than adequate infrastructure providing the ability to run a profitable business venture.

Substantial size sheds.

Highly strategic land parcel to capitalize on future growth.

Situated in the City of Cardinia, bordering the City of Casey, which currently stands as one of the fastest developing growth areas, where by 2031 it is expected to accommodate around 403,314 people, this property is one not to be overlooked.

550 Manks Road, Tooraddin is offered for sale via Public Expressions of Interest closing Wednesday 4th October 2022 at 2pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents at Raine & Horne Land Victoria.

For more details please contact:

Atul Sama on 0450 470 266

Amandeep Singh on 0433 314 000

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 Check List:

http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 550 Manks Rd, Tooradin, VIC 3980

A timeline of how this property has performed in the market
Last Sold
$2,705,000
23 Dec 2022
  • 11 Sep 2023
    Listed for Sale Sold
  • 23 Dec 2022
    Sold for $2,705,000
  • 05 Sep 2022
    Listed for Sale Contact Agent
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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.