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Lot 37 & 38/River Heights Estate

Merbein, VIC 3505, Australia
$875,000
2956m²

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Area Price Guide
$822,500$927,500

Indicative price guide range

🏘️
41
Comparable
📊
$285,000
Area median
⚖️
+207%
vs median
📐
$296
Per m²
📏
2956 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

Opposite Premium School Location - Ready to Deliver A rare opportunity to secure a fully approved childcare development site positioned directly opposite Merbein P-10 College, servicing a substantial and established family catchment. With planning permit secured and council-endorsed plans in place, this offering significantly reduces development timeframe and approval risk - allowing operators and developers to fast-track delivery. Investment & Development Highlights Planning Permit Approved - 109 Childcare Places Council-endorsed architectural, landscaping and drainage plans Located within General Residential Zone 1 (GRZ1) Directly opposite a 650+ student primary and secondary college Approx. 2956m² landholding 23 on-site car spaces Efficient front-door drop-off / pick-up configuration Acoustic report completed Quantity Surveyor Bill of Quantities available upon request

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $4,242/month
    $2,121 /fortnight
    Loan $700,000 at 6.10% over 30 years

    Upfront costs

    Deposit$175,000
    Stamp duty$47,570
    Conveyancing (est.)$2,000
    Total upfront$224,570
    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
    2956m²
    Listed
    2 months ago

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