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1077 Melba Highway, Yarra Glen$4.25m

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1077 Melba Highway

Yarra Glen, VIC 3775, Australia

$4.25m

40.22 ha

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About this property

Situated on the north side of Yarra Glen township next to the historic Gulf Station, sits a remarkable piece of land consisting of 40.22 Hectares ~ 99.38 Acres Approx. With two road frontages and commercial Melba highway frontage the land represents a sort after commercial land bank or tourism enterprise (STCA). Also Ideal for cattle or horse stud, divided into 3 paddocks, 1 dam and mains water connected. Improvements of a machinery shed and timber stock yards. The property is located in the golden triangle of the Yarra Valley amongst the Winery's, Yarra Valley Chocolaterie, Balgownie Estate and Yering Station and only approximately 56 km from the Melbourne CBD.

Property Details

Property Type: land
Listing Type: For Sale
Land Area: 40.22 ha
Listed: 3 months ago

Repayment calculator

$20,604/month

$10,302 /fortnight

Loan $3,400,000 at 6.10% over 30 years

Upfront costs

Deposit$850,000

Stamp duty$256,250

Conveyancing (est.)$2,000

Total upfront$1,108,250

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Neighbourhood

Living in Yarra Glen

This land in Yarra Glen, VIC 3775 sits within reach of public transport, local shops and nearby schools. It is listed 270% above the $1.15m median of 27 comparable landswithin 5 km.

Schools near Yarra Glen

Yarra Glen Primary Schoolprimary · Prep-6 · CoEd

What's nearby

Melba Highway/Armstrong Grove (bus) — 1.2 km away
Snag 3D — 1.2 km away
Unnamed — 1.4 km away
Unnamed — 1.5 km away
Unnamed — 1.7 km away

Yarra Glen at a glance

Full suburb profile

Population: 3,012
Median age: 42
Household income: $1,818/wk
Median rent: $380/wk
Median mortgage: $2,000/mo

Source: ABS Census.

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