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51 Morrissey Street, Merrigum$565,000
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For Salehouse

51 Morrissey Street

Merrigum, VIC 3618, Australia
$550,000 – $580,000
1 bed 2 bath1.48 ha

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About this property

Previously the home of Castle Creek Orchids this commercial property is set on 1.48ha (3.65 acre) block, connected to town water and gas. Current infrastructure includes: - 1700m2 steel frame hothouses, equipped with misting, heating and fertilizing systems - Storage sheds - Machinery shed - Farm barn and poultry sheds - 6 large rainwater tanks - Relocatable staff amenities building - Plenty of heavy vehicle access for loading and unloading This hothouse facility offers a great opportunity for a progressive minded buyer wanting to operate their own commercial enterprise or is the perfect site to develop into residential blocks (STCA). Don't delay, call Phil today! Disclaimer: Whilst we endeavour to represent this property information to the best of our knowledge and have no reason to doubt any inaccuracy, this information has been provided to us by the vendor and we therefore accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in any information. We encourage buyers to make their own enquiries and refer you to the due diligence checklist provided by Consumer Affairs for further information: http://www.consumer.vic.gov.au/duediligencechecklist

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
1
Bathrooms
2
Land Area
1.48 ha
Listed
3 months ago

Repayment calculator

$2,739/month
$1,370 /fortnight
Loan $452,000 at 6.10% over 30 years

Upfront costs

Deposit$113,000
Stamp duty$28,970
Conveyancing (est.)$2,000
Total upfront$143,970
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.

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Neighbourhood

Living in Merrigum

This 1-bedroom house in Merrigum, VIC 3618 sits within reach of and nearby schools. It is listed 39% below the $925,000 median of 11 comparable houseswithin 5 km.

Schools near Merrigum

  • Merrigum Primary Schoolprimary · Prep-6 · CoEd

Merrigum at a glance

Full suburb profile
Population
679
Median age
47
Household income
$1,030/wk
Median rent
$180/wk
Median mortgage
$1,083/mo

Source: ABS Census.

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