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5 Meikle St

Maddingley VIC 3340

409 m²
Land
Currently for sale - view listing

Overview

VERSATILE MIXED-USE ALLOTMENT IN A HIGHLY CONVENIENT LOCATION

Positioned in a practical and well-connected pocket of Maddingley, this 409m² (approx.) allotment presents an excellent opportunity for buyers seeking flexibility and long-term potential. The location is a genuine highlight. From here you can comfortably walk to the Bacchus Marsh train station, local shops, schools and everyday amenities, making it a convenient setting for both owner occupiers and future tenants alike. To the rear of the property lies the Werribee River corridor, providing a natural backdrop and a sense of openness that is increasingly difficult to find so close to the town centre. A key feature of the property is its Mixed Use zoning, which offers significantly more flexibility than standard residential land. Under the Victorian Planning Scheme, Mixed Use zoning can allow for a variety of residential and small-scale commercial uses (STCA), including the potential for a residence combined with professional rooms, consulting spaces, or other small business uses. For buyers considering development potential, the site may also offer scope for dual occupancy or multi-dwelling concepts (STCA). In addition, two electricity phases have been allocated to the property and are located within the service pit at the front of the block, available for connection at the time of construction. While not currently connected, this existing allocation may assist buyers exploring future development options. Blocks offering this level of location, versatility and future potential are becoming increasingly difficult to secure in established parts of Maddingley. Whether you're looking to build, invest, or explore future development possibilities (STCA), this is an opportunity well worth your consideration. (Photo ID is Required at all Open For Inspections) At YPA Bacchus Marsh Our Service Will Move You DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information but it does not constitute any representation by the vendor/agent and agency.

Features

409 m² lot size
Land

Property history for 5 Meikle St

2019
Sold
$420,000
Private Sale/Treaty on 27 Aug 2019 by Mark Shelly, of Stockdale & Leggo Bacchus Marsh
2017
Sold
$369,000
29 Aug 2017 by Mark Shelly, of Stockdale & Leggo Bacchus Marsh

Happy sellers in Maddingley

92%
92% of sellers in Maddingley reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 26 reviews in Maddingley over the last 12 months.

Local market activity for land plots in Maddingley

In the last 12 months, 18 land plots similar to 5 Meikle St, have been sold.

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

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