14 Wedge Street SWerribee VIC 3030
Property Details for 14 Wedge St S, Werribee
14 Wedge St S, Werribee is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 738m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Werribee in the last 12 months.
Last Listing description (August 2024)
We are delighted to introduce this exceptional piece of suburban real estate, tailor-made for savvy investors and developers. Situated on a corner lot spanning approximately 738 square meters, this property boasts ACTIVITY CENTRE Zoning, offering the potential to construct buildings ranging from 2 to 7 stories (pending council approval).
The possibilities are vast, from creating six shops, eleven apartments with dedicated parking spaces, and more. This prime real estate is located in the highly coveted area of Werribee, which happens to be the fastest-growing municipality in Australia.
If you're seeking an investment for your future, exploring development opportunities, or considering building your self-managed super fund, look no further than this incredible opportunity!
This outstanding property offers proximity to a thriving commercial hub on Synnot Street, Watton Street's shops, cafes, and restaurants. It also provides easy access to Werribee River bike trails, walking paths, Werribee train station, reputable schools, and the Station Place City Centre, all just a short walk away.
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Please see the below link for an up-to-date copy of the Due Diligence Check :http://www.consumer.vic.gov.au/duediligence
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 NOTE: Open for inspection times are subject to change or cancellation without notice. We suggest checking the OFI details on the day of inspection
Property History for 14 Wedge St S, Werribee, VIC 3030
- 09 Dec 2023Sold for $1,050,000
- 24 Oct 2023Listed for Sale Contact Agent
- 21 Mar 2023Listed for Sale Contact Agent
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0About Werribee 3030
The size of Werribee is approximately 42.7 square kilometres. It has 69 parks covering nearly 8.1% of total area. The population of Werribee in 2011 was 37,737 people. By 2016 the population was 40,344 showing a population growth of 6.9% in the area during that time. The predominant age group in Werribee is 20-29 years. Households in Werribee are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Werribee work in a clerical occupation. In 2011, 68.6% of the homes in Werribee were owner-occupied compared with 65.4% in 2016.
Werribee has 28,428 properties. Over the last 5 years, Houses in Werribee have seen a 25.09% increase in median value, while Units have seen a 17.90% increase. As at 31 August 2024:
- The median value for Houses in Werribee is $631,945 while the median value for Units is $433,366.
- Houses have a median rent of $470 while Units have a median rent of $400.
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