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Overview
This exceptional 2,868 square metre site offers a rare and versatile development opportunity in one of Warrnambool's key growth regions. The expansive 60-metre frontage and cleared land provide a prime, accessible foundation for a variety of projects under the General Residential Zone, catering to diverse development aspirations.
Previously granted planning permission for a childcare centre, the site comes with extensive preparatory consultancy already completed, streamlining the development process and reducing lead times for prospective investors or developers. Its strategic location near the Princes Highway ensures notable highway visibility and exposure to an estimated 20,000 passing vehicles each day, making the land ideal for ventures seeking high-profile positioning.
Situated within Warrnambool's growing residential corridor, this property stands to benefit from ongoing population expansion and increasing local demands for community services and amenities. Warrnambool itself is a vibrant regional coastal city with a significant catchment population, continuously reinforcing its appeal as a robust and flourishing economic and lifestyle hub.
Local Market Insights
In Warrnambool, Quiet Listings observed 7 new parcels of land entering the market over the last 30 days, up from 3 during the previous 30-day period, with an average advertised asking price of $724,857. The property type mix of listed properties is predominantly Houses at 66%, followed by land (9%), and units (8%). The most active agency for land in the Warrnambool area is currently Ray White, representing 43% of new listings, followed by Raine & Horne with 14%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| $1,500,000 - $1,600,000 | |
| EOI Closes 29/09 At 12pm: $1,500,000 - $1,600,000 | |
| EOI Closes 15/09 At 12pm: $1,500,000 - $1,600,000 |
Location
Market Insights for Warrnambool VIC 3280
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