Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

65 Landsborough Road, Warragul VIC 3820

$5,000,000

Search Band Search Visibility Band

$5M - $5.5M High Confidence Calculated based on strong search observations.

Land 15.12 acres

Listed: 20 days ago

Updated: 12 hours ago

Overview

This substantial 6.12 hectare infill development site at 65 Landsborough Road, Warragul, offers a rare and strategic opportunity in a thriving regional setting. Situated adjacent to the West Gippsland Hospital, the property boasts excellent proximity to key community infrastructure, positioning it perfectly for a mixed residential and commercial development.

With an efficient net developable area of approximately 5.41 hectares, the site supports a thoughtfully prepared concept plan including 71 residential lots, allowing for a diverse and high-quality neighbourhood. Additionally, a sizeable 8,384 square metre commercial superlot presents the potential to accommodate retail or service-oriented businesses, enhancing the overall vibrancy and functionality of the area.

Given its location, the site offers strong access to Warragul's major retail amenities including leading supermarkets such as Woolworths, Coles, and Aldi within 1.1 kilometres. Nearby homemaker shopping facilities provide further lifestyle benefits, anchored by prominent retailers like Spotlight, Harvey Norman, and Bunnings. Connectivity is a further strength, with direct access to the Princes Freeway within 500 metres and Warragul Train Station just a kilometre away, facilitating efficient transport links both regionally and to Melbourne.

The property benefits from being nestled among key educational institutions, including Marist-Sion College and St Paul’s Anglican Grammar School, appealing to families and investors focusing on future growth markets. Warragul’s median house price growth of 5.67% annually over the past five years points to a strong and stable property market, underpinning confidence for developers and purchasers alike.

This opportunity to craft a mixed-use community on a large, well-located parcel of land offers substantial scope for value creation. It is suited to developers seeking a flexible platform to realize residential growth complemented by commercial leasing potential, delivering long-term lifestyle and investment returns in a vibrant regional hub.

Local Market Insights

In Warragul, Quiet Listings observed 6 new parcels of land entering the market over the last 30 days, down from 16 during the previous 30-day period, with an average advertised asking price of $1,117,500. The property type mix of listed properties is predominantly Houses at 81%, followed by land (10%), and units (5%). The most active agency for land in the Warragul area is currently OBrien Real Estate, representing 50% of new listings, followed by One Agency with 33%. 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.