140-142 Main Road, Riddells Creek, VIC 3431

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Sold for $1,800,000 (Jul 06, 2021)

Unbelievable Development Potential - 4055m2 approx.

Set across an outstanding acre (4055sqm approx.) with an impressive 40m street frontage, this is a premier residential development opportunity in growing Riddells Creek. To be sold as one block, prior unapproved plans exist for 10 units, with scope for more. With the significant advantage of generous 6-month settlement terms available, and the opportunity to live-in or rent out while you finalize plans, this is an unbeatable position.

All of Riddells Creek’s delights are a short stroll away – cafes, the bakery, the rec reserve, Riddell Creek station, everything you need for a peaceful country lifestyle with the convenience of a well-serviced town.

The existing classic weatherboard on number 140 features high ceilings and timber floorboards throughout a spacious floor plan with inviting lounge, good-sized dining area and large kitchen with gas cooktop and walk-in pantry. Master bedroom with ensuite, second bedroom and a family bathroom with clawfoot bath, plus a third bedroom/home office. Double garage and double carport. The existing 2-bedroom plus study house on number 142 is currently tenanted. Call Amanda Burt on 0431 204 265 to register your interest.

Amanda rea.profile
Sales Consultant/Interior Designer

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Property Info:
  • Property ID: L9256202
  • Property Type: House
  • Garages: 2
  • Carports: 2
  • Land Area: 4055.0 sqm
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R&H Suburb Profile: Riddells Creek

R&H Suburb Summary Houses
Number of sales 60
Average Price $933,208
Median Price $810,000
Median Rental Price $498 p.w.
Change in Rental Rate (5yr) 35 %
R&H Suburb Summary Units
Number of sales 5
Average Price $505,000
Median Rental Price $420 p.w.
Change in Rental Rate (5yr) 40 %
Riddells Creek, VIC - Median Trend