PRD Mildura 119 Langtree Avenue Mildura, VIC, 3500 03 5022 7750
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Lot 2, 357 Paschendale Avenue
merbein
VIC, 3505

$195,000

Land: 8.09 Hectare

Redevelopment Opportunity

Well located just a few minutes drive to all Merbein's facilities is approximately 19.9 acres of property - perfect redevelopment opportunity for the savvy horticulturist (Subject to Council Approval). Currently planted are various grape varieties such as, Gordos, Shiraz & sultanas, plus approximately 140 mature established Olive trees. The vines are serviced by under vine drippers, while the property comes with an AUL (Annual Use Limit) of 45.9ML of water access.

Agents

Nearby Schools

About merbein

median house price

327500

suburb growth

1.4%

median house rent

350

suburb rental yield

5.6%

Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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