1870 South Gippsland HighwayDevon Meadows VIC 3977
Property Details for 1870 South Gippsland Hwy, Devon Meadows
Last Listing description (December 2023)
Goldbank Realestate is extremely delighted to present you a substantial Corner Block of land ( 7.1 acres approx ) for Sale and are on the market to Sell for the first time in over more than 63 years. Both the Properties, 1870 South Gippsland Highway, Devon Meadows & 14 Rawlins Road, Devon Meadows are earmarked for residential development within the Devon Meadows PSP.
The subject site is currently being used as a Plant Nursery and is just moments away from Cranbourne Train station, Cranbourne Park & Botanic Ridge Shopping Centre. 5 Minute's drive from Cranbourne Racecourse and Botanical Gardens. Situated on a busy Highway property is close to all local amenities, Schools, and Hospitals.
Key Features :
~ Combined 288.4Metre Frontage ( South Gippsland Hwy & Rawlins Rd )
~ Corner Site on Two Separate Titles
~ Heavy Traffic Area / Highway Exposure Site / Flat land
~ 2 Highway Entrances plus Rawlins Road entrance
~ 49 sq Double-Brick 4 bedroom house, Zoned Heating & Cooling, Swimming pool
~ Situated only 50 km from Melbourne CBD in Australia's fastest growing corridors, Borders the Casey Fields PSP which is designated to be the Industrial Hub for the region.
~ Being a corner site can offer a wide range of development opportunities in the future which can be the medical centre, or childcare, etc.
~ Fully Setup Nursery with 3 Bores, half million plus water storage tanks, Automatic Irrigation to the whole site, Site office, Shedding, Glass House, Various Shade houses & Igloos, Concrete Loading Bays & Soil Bins, Security Cameras.
The City of Casey is experiencing particularly high levels of growth & development. The current population of 392,636 and is anticipated to grow by 40 percent to 551,362 in the next 20 years. Devon Meadows & Casey fields south have a combined area of 536 Ha approximately the same size as Melbourne's Central Business District. Both precincts together are expected to deliver 3200 lots & 5400 jobs.
Goldbank Team welcomes you and looks forward to meeting you at the open.
NOTE: link for Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist
Disclaimer: All dimensions, sizes, and layout are approximate. The photos are for illustrative purposes only and include virtual furniture for display purposes only.
Property History for 1870 South Gippsland Hwy, Devon Meadows, VIC 3977
- 12 Dec 2023Listed for Sale Not Disclosed
- 29 Jun 2023Listed for Sale Not Disclosed
- 28 Sep 2015Sold for $815,000
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About Devon Meadows 3977
The size of Devon Meadows is approximately 23.4 square kilometres. It has 2 parks covering nearly 12.2% of total area. The population of Devon Meadows in 2016 was 1548 people. By 2021 the population was 1551 showing a population growth of 0.2% in the area during that time. The predominant age group in Devon Meadows is 50-59 years. Households in Devon Meadows are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Devon Meadows work in a trades occupation.In 2021, 80.10% of the homes in Devon Meadows were owner-occupied compared with 84.30% in 2016.
Devon Meadows has 638 properties. Over the last 5 years, Houses in Devon Meadows have seen a 10.92% increase in median value. As at 31 March 2026:
- The median value for Houses in Devon Meadows is $997,106 while the median value for Units is $731,265.
- Houses have a median rent of $898.
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