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High Profile Residential One Zoned Land

159 Mortlake Road, Warrnambool, VIC 3280

4 beds 1 bath 2 cars
Development

1 / 5
159 Mortlake Road for Sale
Rare Opportunity for High Profile Residential One Development!
NOTE CLOSING DATE EXTENDED TO FRIDAY 23RD MAY 2014
Ripe for residential development situated with Hopkins Highway frontage 3km north of Warrnambool’s CBD, between the upmarket housing precincts of The Grange and Turner Estates is almost 12 acres of longstanding family ownership vacant land.
Situated on what older locals know as “Dooley’s Hill”, this once former farmland is now transformed into a rapid residential growth corridor between the meandering Merri River and the Hopkins Highway. The Residential One zoned land is superbly situated for housing development with a flat tableland contour with Highway frontage running onto picturesque, elevated undulating land fronting the Merri River.
Given the development of North Warrnambool in recent years with large scale residential expansion supported by retail development including Centro Shopping Centre, it is within close proximity to primary and secondary schools and sporting facilities such as Indoor Cricket and Tennis and The Aquazone.
Services for residential development are close by including power, gas, telephone, water and sewerage. Any application for residential subdivision must be accompanied by a development plan submitted to the Warrnambool City Council which is then subject to council approval.
Improvements on the property include a 3 or 4 bedroom brown brick home with sundry timber utility shedding and subdivision of 3 or 4 paddocks.
This is an outstanding opportunity for developers to recognize and secure a high profile Residential One land parcel situated in a prime location in popular North Warrnambool.
Summary of this property:
- Address: 159 Mortlake Road, Warrnambool
- Bedrooms: 4
- Bathrooms: 1
- Parking spots: 2
- Contact : Nick Adamson
- Agency: Charles Stewart & Co Pty Ltd - Warrnambool

Features
Highlight Feature: Development Opportunity, Residential One, High Profile Location
Rooms: 10
Parking: 2 Lockup Garages
What's Nearby
What's Nearby
Schools
Transport
Eats
Shopping
Inspection Times

There are no upcoming inspections or auctions scheduled. Email Agent to make an appointment.

How much can I borrow?
$
%
$2245.22 /month
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SA1 - 2143226 Meet the Neighbours near 159 Mortlake Road

Measure up how the ‘pocket’ around 159 Mortlake Road, Warrnambool measures up to the rest of Warrnambool before buying it. Get a feel for your new neighbours and get an idea of how well you’ll fit in here. If you are looking to invest here and rent it out, you can get a detailed idea of other rentals in the area and an idea of how much others are renting theirs out for. Perhaps you could get a similar price.

$2,745
Monthly Personal Income
$6,468
Monthly Household Income
$1,950
Monthly Mortgage Repayments
The average age is 40
Majority are Couples with children
Most residents Owns Outright
Weekly Income
Pocket
Warrnambool
Employed as Health care and social assistance
Health care and social assistance
Retail trade
Construction
Education and training
Manufacturing
Pocket Profile
Ask Nick about 159 Mortlake Road, Warrnambool, VIC 3280
Nick Adamson
Nick Adamson
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