Property Details for 1181 Merriang Rd, Woodstock
Last Listing description (February 2022)
LAWD is pleased to present For Sale 1181 Merriang Road, Woodstock, which forms a part of the highly-sought after Peppercorn Hill master-planned community in the Woodstock / Donnybrook area.
Spanning over 125.33ha*, this unrivalled opportunity offers potential investors the chance to secure a foothold in a going concern master-planned community of significant scale with potential to generate immediate return on investment.
Key Property Features:
- The incoming purchaser will acquire a freehold interest in a 125.33 hectare* permit approved residential & mixed-use development site which benefits from a project delivery agreement with the Dennis Family Corporation
- Reliable & recurring net cash flows investing alongside one of Australia's largest privately owned residential developers with a long-standing history in the delivery of residential communities
- Permit approved for 1,210 lots, 3 residential superlots, a town centre & a future government school site together with community facilities
- Positioned in close proximity to some of Australia's largest developers including Stockland, Mirvac, YourLand & Satterley.
- Ideally located within one of the fastest growth municipalities in Australia which welcomes up to 8,000 new residents each year
- Surrounded by existing amenity in the form of schools, parkland & childcare centres.
- Convenient access to Donnybrook train station, the M31 Hume Highway & the M2 Tullamarine Freeway.
- Located approximately 35 kilometres north of the CBD & a 30 minute* drive from the Melbourne Airport
*Approx.
For Sale by Expression of Interest closing Thursday 25 November 2021 at 3pm (AEDT).
Contact Peter Sagar, Paul Callanan or Darcy Tobin to discuss this opportunity or to receive an Information Memorandum (IM).
Property History for 1181 Merriang Rd, Woodstock, VIC 3751
- 21 Oct 2021Listed for Sale Contact Agent
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About Woodstock 3751
The size of Woodstock is approximately 31.3 square kilometres. It has 1 park covering nearly 2.9% of total area. The population of Woodstock in 2011 was 337 people. By 2016 the population was 141 showing a population decline of 58.2% in the area during that time. The predominant age group in Woodstock is 60-69 years. Households in Woodstock are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Woodstock work in a clerical occupation. In 2011, 77.6% of the homes in Woodstock were owner-occupied compared with 82.6% in 2016..
Woodstock has 718 properties. Over the last 5 years, Houses in Woodstock have seen a -1.55% decrease in median value. As at 31 October 2024:
- The median value for Houses in Woodstock is $876,096 while the median value for Units is $259,491.
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