119/141 Lerderderg Park Road, Merrimu, VIC 3340 | Property Value & History | OnTheHouse
OFF MARKET

119/141 Lerderderg Park Road
Merrimu VIC 3340

Bedrooms: 8
Bathrooms: 5
Car spaces: -
Land area: 368265m2
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Property Details for 119/141 Lerderderg Park Rd, Merrimu

Building Type
Land
Land Size
368265m2
Local Government
Moorabool

Last Listing description (July 2025)

An extraordinary opportunity awaits to secure a commanding 91-acre landholding in one of Melbourne's most promising future growth corridors. Set across two titles, this property offers breathtaking natural beauty, income-generating infrastructure, and strategic positioning within the Merrimu Draft Precinct Structure Plan (PSP). With incredible views over Bacchus Marsh and beyond, and close proximity to key urban centres, this is the ultimate landbank or development investment.

Key Features:

Total 91 Acres: Two adjoining titles offered together, providing scale, flexibility, and premium exposure.

Two 4-Bedroom Homes: Well-maintained and positioned on each title, perfect for lifestyle use, staff accommodation, or rental income.
Two Large Winery Sheds: Professionally constructed and equipped for wine production, storage, or potential hospitality/events use. Ample power, high clearance, and excellent versatility.
Fully Leased Taco Bill Restaurant: A popular and long-established venue generating immediate rental income with strong brand visibility.
The combined potential rental income from the two sheds, restaurants, and two houses is expected to exceed $200,000 per year.

Uninterrupted Panoramic Views: Elevated positioning provides one of the most captivating outlooks in the region-spanning across the Bacchus Marsh valley and beyond.

Strategic Location Benefits:

Just 10 minutes to Bacchus Marsh - A growing township with schools, shopping, and public transport
Approx. 50 minutes to Melbourne CBD via the Western Freeway
Easy access to existing and proposed infrastructure within the Merrimu Draft PSP
Surrounded by major development zones, enhancing long-term growth prospects

With seamless freeway access and future urban expansion mapped out around the site, this property is perfectly placed for capital growth.

Unmatched Development & Investment Potential
Located within the Merrimu Draft PSP area, this property sits in the path of future residential, commercial, and community development. The significant land size, dual frontage, and existing infrastructure make it a prime candidate for future rezoning or large-scale development (STPA).

Secure your place in one of Melbourne's most exciting emerging corridors. This is a rare chance to acquire a premium rural holding with outstanding upside, income, and future scope.

For More Information or to Register Your Interest, Contact Tan - 0403 504 531 or Gagan - 0430 343 346

Interested parties should conduct their due diligence prior to making any submissions. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. Due Diligence Checklist - http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 119/141 Lerderderg Park Rd, Merrimu, VIC 3340

A timeline of how this property has performed in the market
  • 09 May 2025
    Listed for Sale Contact Agent
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About Merrimu 3340

The size of Merrimu is approximately 18.7 square kilometres. There are 6 parks, covering nearly 0.6% of the total area. The population of Merrimu in 2016 was 374 people. By 2021 the population was 397 showing a population growth of 6.2% in the area during that time. The predominant age group in Merrimu is 40-49 years. Households in Merrimu are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Merrimu work in a trades occupation.In 2021, 89.20% of the homes in Merrimu were owner-occupied compared with 84.20% in 2016.

Merrimu has 185 properties. Over the last 5 years, Houses in Merrimu have seen a -0.46% decrease in median value. As at 31 August 2026:

  • The median value for Houses in Merrimu is $718,987 while the median value for Units is $636,529.
There are currently 7 properties listed for sale, and no properties listed for rent in Merrimu on OnTheHouse. According to Cotality's data, 7 properties were sold in the past 12 months in Merrimu.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.