Titled Ridgelea Land - 313m², 12.5m Frontage & Plans Available

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Lot 1237 Faithfulls Rise, Nar Nar Goon VIC 3812

$375,000

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$375k - $394k Transparent Transparent Listing Based on an openly advertised listing price.

Land 313 m² 185 m²

Listed: 15 days ago

Overview

Situated in the burgeoning Ridgelea estate, this titled 313 square metre allotment stands out with its generous 12.5 metre frontage and regular, non-corner positioning. These qualities offer flexible opportunities for single-storey home designs that can easily accommodate a variety of architectural styles.

The plot is fully titled, removing typical delays related to registration and allowing a swift transition to construction. Established infrastructure and roads within the community support practical and convenient development.

For those seeking inspiration or a head start, house plans are available, showcasing a thoughtfully designed proposed dwelling covering approximately 185 square metres. This includes four bedrooms, two bathrooms, a double garage and an alfresco area, all enhanced by modern touches such as stone benchtops, ducted heating and cooling, built-in robes, and the option for premium kitchen appliances and high ceilings. Prospective buyers retain full freedom to select their own designs and builders, respecting local estate and council guidelines.

This land parcel offers an ideal foundation for those looking to build a comfortable family residence in an expanding community nestled between Pakenham and Nar Nar Goon. Its location and configuration make it particularly suitable for families or investors targeting a growing area with future potential.

Local Market Insights

In Melbourne - South East, Quiet Listings observed 72 new parcels of land entering the market over the last 30 days, down from 91 during the previous 30-day period, with an average advertised asking price of $941,004. The property type mix of listed properties is predominantly Houses at 66%, followed by townhouses (10%), and units (9%). The most active agency for land in the Melbourne - South East area is currently Ancora Property Group, representing 35% of new listings. 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.