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5 Meikle Street

Maddingley, VIC 3340, Australia
$329,000
3340409m²

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Area Price Guide
$309,260$348,740

Indicative price guide range

🏘️
71
Comparable
📊
$633,800
Area median
⚖️
-48%
vs median
📐
$0
Per m²
📏
3340409 m²
Land
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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Heritage

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About this property

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.

Property Features

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    Repayment calculator

    $1,595/month
    $797 /fortnight
    Loan $263,200 at 6.10% over 30 years

    Upfront costs

    Deposit$65,800
    Stamp duty$14,810
    Conveyancing (est.)$2,000
    Total upfront$82,610
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    land
    Listing Type
    For Sale
    Land Area
    3340409m²
    Listed
    2 months ago

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