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Overview
This substantial 15.5 acre landholding in Werribee South offers a rare and versatile investment opportunity, combining agricultural productivity with residential comfort in Melbourne's rapidly developing Inner West Growth Corridor.
The property's dual-income model is a standout feature, with a contracted broiler poultry operation providing reliable, stable returns while approximately 9.5 acres of leased farmland supplement the income. This structure supports a diversified revenue stream, appealing to investors seeking both immediate yield and long-term land value growth.
Farm infrastructure is thoughtfully equipped with two large tunnel-ventilated sheds, automated environmental controls including heating, cooling, and feeders, and essential utilities like bore water and LPG storage. Such facilities underscore the property's operational efficiency and low management overhead, with an existing contract in place for three years and extension options adding security to ongoing earnings.
The residence, a three-bedroom home currently vacant, offers comfortable living space with features such as a tiled kitchen with glass atrium, an exposed brick lounge with fireplace, and a generous wraparound verandah. The inclusion of a double garage plus additional paved parking highlights convenience and versatility, suitable for owner-occupiers or potential tenants.
Strategically positioned close to renowned local attractions including Werribee Zoo, the Premier Tourism Precinct, golf club, and just minutes from the Princes Freeway and the beach, the property's location affords easy access to lifestyle amenities, enhancing its appeal. The quiet, sealed, and recently upgraded road access ensures minimal through traffic, contributing to a tranquil rural environment with urban proximity.
This asset provides a unique proposition for investors targeting a secure income-producing agricultural asset with future growth prospects, as well as for those seeking a lifestyle property within reach of metropolitan conveniences and coastal recreation.
Local Market Insights
In Werribee South, Quiet Listings observed 109 new houses entering the market over the last 30 days, down from 167 during the previous 30-day period, with an average advertised asking price of $885,651. The property type mix of listed properties is predominantly Houses at 73%, followed by units (8%), and land (8%). The most active agency for houses in the Werribee South area is currently Your Property Agent, representing 19% of new listings, followed by Ray White with 17%. 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.
Location
Market Insights for Werribee South VIC 3030
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