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Back 179 Main St
Off Market

179 Main St

Elliminyt VIC 3250

3
1
2
5338 m²
House
Last sold for $750,000
Jake TheodoreJake Theodore, last sold this property on 18 November 2024 after 146 days on market.

Overview

A Developers Delight...

Discover an exceptional investment opportunity on a sprawling 5338sqm block, perfectly tailored for developers and investors aiming to capitalize on its vast potential. This expansive piece of land comes with the significant advantage of current planning permits, offering a streamlined path to development. Its strategic residential zoning further amplifies its appeal, opening doors to a variety of development projects that can cater to the evolving needs of the community. The land offers a wide scope for potential projects. From residential communities to mixed-use developments, the zoning flexibility coupled with the size of the parcel ensures that the possibilities are both broad and adaptable to market needs. Adding to the appeal of this development-ready block is an existing updated 3-bedroom weatherboard home. This feature not only provides the option for immediate rental income but also presents a unique advantage for developers looking to offer a blend of new and classic living options within their project, or alternatively, as a residence for onsite project management during the development phase. Positioned in an area known for its vibrant community spirit, robust infrastructure, and natural beauty, the property not only promises a lucrative investment opportunity but also offers future residents a desirable lifestyle. The blend of location, development readiness, and existing structures creates a compelling proposition for those looking to make a mark in the township's growth story. This property is not just land awaiting development but a canvas for innovation and community building. Whether the aim is to create a residential haven, or a mixed-use masterpiece, this 5338sqm block is the foundation upon which dreams can be built. *All information about the property has been provided to Richardson Real Estate by third parties. Richardson Real Estate has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property. Please note that some of the photos have been decluttered.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
5338 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Elliminyt over the last 12 months, the estimated median property value of 179 Main St is $568.25k.

Median value
$568.25k
Estimated value range
$380k - $1.28m
Median days on market
53
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Elliminyt. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 179 Main St

2024
Sold
$750,000
18 Nov 2024 by Jake Theodore, of Richardson Real Estate Colac
2020
Sold
Undisclosed
Private Sale/Treaty on 08 Oct 2020 by Chris Peeters, of Ray White Colac
2016
Sold
07 Sep 2016 by Mark Theodore, of Richardson Real Estate Colac

Happy sellers in Elliminyt

85%
85% of sellers in Elliminyt reported that their sale price either exceeded or met their price expectations.

Elliminyt stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Elliminyt over the last 12 months.

Local market activity for 3 bedroom houses in Elliminyt

In the last 12 months, 23 three-bedroom houses similar to 179 Main St, have been sold.

This represents a 27% decrease in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Elliminyt

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Troy Kincaid

Troy Kincaid is an award winning recommended agent for Elliminyt.  They have 11 local sales and collected 7 local reviews across the last 12 months.

  •   4.9   (384 reviews)
  •  7 Reviews in Elliminyt
  •  11 Sales in Elliminyt
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Jake Theodore

Jake Theodore is an award winning recommended agent for Elliminyt.  They have 6 local sales and collected 3 local reviews across the last 12 months.

  •   5   (184 reviews)
  •  3 Reviews in Elliminyt
  •  6 Sales in Elliminyt
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Rhyley Edge

Rhyley Edge is a recommended agent for Elliminyt.  They have 17 local sales across the last 12 months.

  •  17 Sales in Elliminyt
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Andrea Ivermee

Andrea Ivermee is a recommended agent for Elliminyt.  They have 14 local sales across the last 12 months.

  •   5   (57 reviews)
  •  14 Sales in Elliminyt
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