Lot 1, 37
Fifth
Street
merbein
VIC,
3505
$450,000 - $485,000
Land: 11.98 Hectare
11.98 Hectares (approx.)
This property is ideal for redevelopment, boasting a prime location and excellent soil suitable for a vineyard, orchard, or market garden. Town water and power connections are readily available, with the option for rural water pending approval from Lower Murray Water. Access can be gained from both Fifth Street and River Avenue, offering flexibility for development. There is potential to construct a house and sheds, pending approval. This presents a fantastic opportunity for ambitious horticulturists looking to capitalize on this promising investment.
Agents
Nearby Schools
About merbein
median house price
357845suburb growth
15.4%median house rent
350suburb rental yield
5.1%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.
