OFF MARKET

2705 Princes Highway
Tynong North VIC 3813

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1659171m2
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Property Details for 2705 Princes Hwy, Tynong North

Building Type
Land
Land Size
1659171m2
Local Government
Cardinia
Lot/Plan
1/TP785264

Last Listing description (April 2021)

GUMBUYA PARK / 2705 PRINCES HIGHWAY, TYNONG

Huge 166ha* landholding with outstanding structural improvements including an abundance of theme park rides and high quality plant & equipment

Existing freehold property offered together with the business and related assets to be sold as a 'Going Concern'

Numerous species of wildlife, including dingoes, cockatoos, wombats, koalas, emus and various native Australian birds

A sizeable and flexible offering for buyers to consider a number of land use options be it for leisure, tourism, hospitality, or the conversion for educational purposes and agricultural uses

Excellent future development upside and/or strategic land bank opportunity

Located along the Princes Highway just 10mins* from nearby Pakenham and 50mins* south-east of Melbourne's CBD

FOR PRIVATE SALE

Duncan McCulloch
+61 416 047 484

David Minty
+61 422 564 199

James Beer
+61 416 859 565

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Property History for 2705 Princes Hwy, Tynong North, VIC 3813

A timeline of how this property has performed in the market
Last Sold
$3,650,000
09 Aug 2016
  • 09 Aug 2016
    Sold for $3,650,000
  • 28 Oct 2015
    Listed for Sale EXPRESSIONS OF INTEREST

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About Tynong North 3813

The size of Tynong North is approximately 48.5 square kilometres. It has 5 parks covering nearly 40.7% of total area. The population of Tynong North in 2011 was 415 people. By 2016 the population was 426 showing a population growth of 2.7% in the area during that time. The predominant age group in Tynong North is 50-59 years. Households in Tynong North are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tynong North work in a managers occupation. In 2011, 80.1% of the homes in Tynong North were owner-occupied compared with 79.4% in 2016..

Tynong North has 184 properties. Over the last 5 years, Houses in Tynong North have seen a 45.11% increase in median value, while Units have seen a 1.42% increase. As at 31 October 2024:

  • The median value for Houses in Tynong North is $1,749,005 while the median value for Units is $1,440,769.
There are currently 2 properties listed for sale, and no properties listed for rent in Tynong north on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Tynong north.

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