101-105 Willowbank Road,, Gisborne, VIC 3437

Auctioned

Auctioned for $875,000 (Aug 15, 2019)

Development Potential Plus! - Land size approx. 3547m2

Prime opportunity to purchase a corner development site opposite a Child Care Complex and Health Services Centre. This property has a concept plan that shows development into a mix of retail and residential. The concept is for four residential units and 3 retail outlets which include two smaller shops and a bigger Supermarket/Corner store possibility.

An excellent opportunity for a wide range of people as it’s the best of both investment worlds!

Property Info:
  • Property ID: 21030959
  • Property Type: Land
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R&H Suburb Profile: Gisborne

R&H Suburb Summary Houses
Number of sales 131
Average Price $733,456
Median Price $770,000
Median Rental Price $490 p.w.
Change in Rental Rate (5yr) 17 %
R&H Suburb Summary Units
Number of sales 25
Average Price $550,120
Median Price $550,000
Median Rental Price $390 p.w.
Change in Rental Rate (5yr) 16 %
Gisborne, VIC - Median Trend
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