$690,000 - $720,000 (Township Zone)
2 Bed • 2 Bath • 10 Car • 1034m²
New
63 Station St, Wallan VIC 3756
$690,000 - $720,000 (Township Zone)
- 2Bed
- 2Bath
- 10 Car
- 1034m²
House for sale31 days on Homely
Next inspection:Sat 16 Nov 11:00am
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What's around Station St
House description
“Township Zone Just Opposite Train Station”
coolkoala Real Estate excited to present a rare opportunity to acquire a Township site in the heart of Melbourne's high-growth corridor in Wallan.
Key Features:
Prime 1034 sqm site in booming northern corridor
Mixed-use development options including residential and commercial.
Options include adding a second dwelling, demolishing the current house to build three townhouses, or developing a medical centre, offices, retail space, warehouse, NDIS and more (STCA).
Strategic location opposite Wallan Train Station
Township Zone (TZ) zoning under City of Mitchell, offering flexibility
Strong demand with 21.9% undersupply of childcare centres in the catchment area
Flexible Settlement 3/6/9/12 months
Location: 63 Station Street, Wallan 3756 VIC
2km east of Wallan CBD
45km north of Melbourne CBD
Immediate proximity to Hume Freeway and Wallan Business Park precinct
Growth Potential:
Current Main Trade Area (MTA) population of 17,020, projected to grow to 50,200 by 2041 (5.9% per annum)
MTA retail spend expected to increase from $256.4 million to $1.2 billion by 2041 (8.5% annual growth)
Surrounded by major residential developments including Frasers Wallara Waters' estate, Newbridge, and Wallan East PSP
Investment Opportunity:
Don't miss this chance to invest in the future of Wallan.
Rental $440 a week approx.
Please note: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers/lessees are advised to carry out their own investigations.