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1245 Baxter-Tooradin Road, Devon Meadows VIC 3977

$3,600,000 - $3,900,000

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$3.6M - $3.78M Transparent Transparent Listing Based on an openly advertised listing price.

Land 1 Bed 1 Bath 90.8 acres

Listed: 11 days ago

Overview

Situated in the agricultural heartland of Devon Meadows, 'Havelock Park' commands an impressive expanse of approximately 94 acres (around 367,585 sqm), presenting a rare opportunity for diverse uses and future development potential.

What sets this property apart is its exceptional accessibility, boasting two sealed road frontages along Baxter-Tooradin Road and Craig Road. This ensures convenient connectivity to key surrounding areas, including the Mornington Peninsula to the west and the rapidly growing Cranbourne and South-East Melbourne corridor to the north, making the location strategically appealing.

Historically, the site has supported a long-established thoroughbred training centre with significant infrastructure such as a 40-box stable complex and a 1600 meter all-weather sand exercise track. This existing setup, complemented by multiple turnout paddocks, reflects the property's capacity to support equestrian activities or other agricultural pursuits.

The fertile sandy loam soils prevalent across the property strongly support horticultural enterprises, aligning well with the renowned agricultural activity in the region. Utilities are well catered for, with three-phase power availability and a reliable bore water supply augmented by domestic water tanks, ensuring that the land is ready for immediate use or further development.

Extensive shedding and stable complexes spanning approximately 1200 sqm, facilitating large-scale agricultural or equestrian operations.
Staff amenities are included, enhancing functionality for business or operational support.
Practical location approximately 12 km from the Cranbourne Racing Club Training Centre, increasing its appeal for racing and training enthusiasts.

This property represents a significant investment opportunity, particularly suited to those involved in agricultural, horticultural, or equestrian industries, as well as investors seeking a large parcel of versatile land in a growth corridor. The blend of existing infrastructure, location, and land quality provides a robust foundation for multiple prospective uses.

Inspections are available by prior appointment, allowing serious purchasers the opportunity to explore the property firsthand and appreciate its full potential.

Local Market Insights

In Devon Meadows, Quiet Listings observed 6 new parcels of land entering the market over the last 30 days, down from 10 during the previous 30-day period, with an average advertised asking price of $1,830,667. The property type mix of listed properties is predominantly Houses at 83%, followed by townhouses (7%), and units (5%). The most active agency for land in the Devon Meadows area is currently OBrien Real Estate, representing 17% of new listings, followed by Stonebridge Property Group 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.