PRD Mildura 119 Langtree Avenue Mildura, VIC, 3500 03 5022 7750
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Lot 1, 37 Fifth Street
merbein
VIC, 3505

$450,000 - $485,000

Land: 11.98 Hectare

11.98ha - Rural Lifestyle Lot

This exceptional property offers an outstanding opportunity for redevelopment, positioned in a prime location with the versatility and features to support a wide range of agricultural or lifestyle ventures. Spanning a generous and fertile parcel, the land boasts excellent soil quality - making it ideal for establishing a vineyard, orchard, or market garden. Infrastructure is well catered for, with town water and power connections readily available on-site. Additionally, there is the potential to secure rural water access, pending approval from Lower Murray Water, enhancing irrigation options and long-term viability for commercial growing operations. Access is a key advantage, with dual entry points from both Fifth Street and River Avenue, providing excellent flexibility for logistics, machinery, and future development layouts. Whether you're considering a working farm, boutique horticultural enterprise, or a rural lifestyle property, this land offers the foundation to bring your vision to life. With the appropriate approvals, there is potential to construct a residence and outbuildings, such as sheds or workshops, adding even greater value and utility to the site. This is a rare and exciting opportunity for ambitious horticulturists, investors, or tree-changers to secure a highly versatile property in a sought-after area. With strong regional demand for local produce and lifestyle properties continuing to grow, the timing has never been better to capitalise on this promising investment.

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About merbein

median house price

420000

suburb growth

32.3%

median house rent

460

suburb rental yield

5.7%

Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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