100 Fersfield RoadGisborne VIC 3437
Property Details for 100 Fersfield Rd, Gisborne
Last Listing description (August 2024)
Building Permits Approved for Four Townhouses
Welcome to 100 & 102 Fersfield Road, Gisborne! This exceptional property offers an incredible opportunity for developers or investors looking to capitalise on a prime location and a ready-to-build project. With two titles and potential to build four townhouses, this property is an ideal investment that combines convenience, comfort, and profitability.
Property Features:
? Two titles: 100 Fersfield Road, Gisborne and 102 Fersfield Road, Gisborne
- Planning permit for two townhouses (18sq approx. each)
- Building permit stage
- 1 bedroom granny flat & shed (can be demolished immediately or used as
accommodation/site office)
? 102 Fersfield Road, Gisborne (Lot 1) 563m2 (approx.)
- Planning permit for two townhouses (18sq approx. each)
- Building permit stage
? One crossover per lot
? Builders pole connecting to 100 Fersfield Road ? in preparation for construction
? Ample space for outdoor areas, parking, and landscaping
? Great location in Gisborne, offering easy walking access to the town centre, schools,
and amenities
Location: Situated in Gisborne, this property enjoys a highly desirable location with all the necessary conveniences within easy reach. Just a short walk away, you'll find the vibrant town centre, offering a variety of shops, cafes, restaurants, and entertainment options. The property is also conveniently close to schools, making it an ideal choice for families with children. With amenities nearby, residents will have everything they need within reach.
Development Opportunity: The property comes with approved planning permits for 100 & 102 Fersfield Road, Gisborne for the construction of four 3-bedroom, 2-bathroom, 1 car (plus one additional car space) townhouses, allowing you to hit the ground running with your development plans. To progress to building permits is a simple process. The well-designed townhouse plans make optimal use of the available space, providing comfortable living areas, bedrooms, and outdoor spaces for each unit. Developers will appreciate the ready-to-go nature of this project, saving valuable time and effort.
Investment Potential: With the townhouse permits secured and the prime location, this property offers a significant investment potential. Gisborne is a thriving community with a growing demand for quality housing, making it an opportune time to enter the market. The completed townhouses can be sold individually or rented out, providing a steady income stream. Don't miss the chance to take advantage of this ready-to-build opportunity and potentially reap the rewards in the future.
For further information or to view the property please contact Kirrily Evans 0491 181 551.
Property History for 100 Fersfield Rd, Gisborne, VIC 3437
- 05 Oct 2023Listed for Sale Not Disclosed
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0About Gisborne 3437
The size of Gisborne is approximately 96.4 square kilometres. It has 33 parks covering nearly 38.2% of total area. The population of Gisborne in 2016 was 8999 people. By 2021 the population was 10142 showing a population growth of 12.7% in the area during that time. The predominant age group in Gisborne is 40-49 years. Households in Gisborne are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gisborne work in a professional occupation.In 2021, 82.20% of the homes in Gisborne were owner-occupied compared with 80.20% in 2016.
Gisborne has 6,004 properties. Over the last 5 years, Houses in Gisborne have seen a 11.28% increase in median value, while Units have seen a 10.08% increase. As at 30 April 2026:
- The median value for Houses in Gisborne is $999,196 while the median value for Units is $596,015.
- Houses have a median rent of $675 while Units have a median rent of $498.
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