Back 2 Whitford Way
Off Market

2 Whitford Way

Doreen VIC 3754

2320 m²
Land
Last sold for $2,450,000
Sarb SinghSarb Singh, last sold this property on 28 August 2022 after 229 days on market.

Overview

HUGE POTENTIAL DEVELPMENT SITE IN DOREEN !!

2 WHITFORD WAY, DOREEN 2,320 sqm* Permit Approved Development Site in Booming Growth Corridor 6.2%^ Annual Population Growth Adjoining Retail & Childcare Centre Flat & Rectangular Corner Site Stonebridge Property Group is pleased to present for sale 2 Whitford Way, Doreen, a 2,320 sqm* development opportunity centrally positioned in one of the fastest growing suburbs in Melbourne's northern growth corridor. The property provides an astute purchaser the optionality for higher density development, such as townhouse, medical or fast food retail. The corner site comes with the with added benefit being permit approved for a ten (10) practitioner medical centre. Key investment highlights include: - Rectangular and flat landholding with three (3) street frontages totalling 145 m* - Bookended by recently completed 7-Eleven and Story House Childcare Centre - Potential for a medium-density townhouse, childcare, medical, petrol, or fast food development - Positioned for long term sustainable catchment growth with the City of Whittlesea attracting 3,221 new residential buildings approvals in the financial year 2020-21^^ - Doreen has experienced a rolling 6.2% population growth annually for the last 5 years^ - Strong demand for medical professionals in the area as highlighted within the PPC Urban Needs Assessment Report (available on request) - Exceptional lifestyle and amenity - only 1.8 km* to the recently completed Mernda Train Station and surrounded by existing schools, retail and sporting reserves * Approximately ^ REIV ^^ Source: Forecast ID To obtain further information or to arrange an inspection, please contact the exclusive selling agents . Due diligence checklist - for home and residential property buyers - http://www.consumer.vic.gov.au/duediligencechecklist. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.

Features

2320 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Doreen over the last 12 months, the estimated median property value of 2 Whitford Way is $417.5k.

Median value
$417.5k
Estimated value range
$299.95k - $621k
Median days on market
21
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Doreen. 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 2 Whitford Way

2022
Sold
$2,450,000
Private Sale/Treaty on 28 Aug 2022 by Sarb Singh, of SKAD Real Estate

Happy sellers in Doreen

91%
91% of sellers in Doreen reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 109 reviews in Doreen over the last 12 months.

Local market activity for land plots in Doreen

In the last 12 months, 13 land plots similar to 2 Whitford Way, have been sold.

This represents a 52% increase in land plots sales when compared to the previous 12 months.

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