56 Cornish Road, Riddells Creek, Victoria, 3431

Auctioned

Auctioned for $685,000 (Oct 08, 2019)

SUPERB BUILDING ALLOTMENT! Land size approx. 1.21 Ha (approx) - ( Entry via...

Newly created allotment of 3 acres (approx) providing the ultimate blank canvas for your dream home! Vacant land in the Riddell’s Creek village is an extremely sought after commodity and this parcel will be no exception. With planning approval in place and an extremely large building envelope, all you are left to do is build the grandest home and the biggest of sheds. A rare opportunity to create your perfect future living all within walking distance to schools, shops and transport.

Your time is NOW!.

Those looking to further subdivide will appreciate that the 5% cash-in-lieu open space contribution will be paid by the Vendor prior to sale, as a MRSC permit condition (PLN/2018/508) as there is potential for further subdivision of the approved lot based on the minimum lot sizes afforded by the Low Density Residential Zone provisions (STCA).

Property Info:

  • Property ID: L502134
  • Property Type: Land
  • Land Area: 12100.0 sqm

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R&H Suburb Profile: Riddells Creek

R&H Suburb Summary Houses
Number of sales 23
Average Price $750,891
Median Price $751,000
Median Rental Price $435 p.w.
Change in Rental Rate (5yr) 24 %
R&H Suburb Summary Units
Number of sales 3
Average Price $541,667
Median Price $327,250
Median Rental Price $360 p.w.
Riddells Creek, VIC - Median Trend
  • 56 Cornish Road, Riddells Creek,
    Victoria, 3431