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52-56 Waverley Avenue, Merrigum, Vic 3618 For Sale
52-56 Waverley Avenue, Merrigum, Vic 3618 52-56 Waverley Avenue, Merrigum, Vic 3618-Image 52-56 Waverley Avenue, Merrigum, Vic 3618-Image 52-56 Waverley Avenue, Merrigum, Vic 3618-Image 52-56 Waverley Avenue, Merrigum, Vic 3618-Image 52-56 Waverley Avenue, Merrigum, Vic 3618-Image

52-56 Waverley Avenue, Merrigum, Vic 3618

$3,300,000 - $3,500,000

Residential Land
Type
15.02 ha
Area

Last updated on Friday, August 21, 2026 ( See property details for 52-56 Waverley Avenue, Merrigum, Vic 3618)

$3,300,000 - $3,500,000

Auction Thursday 24 September at 12:00 pm | View All

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A substantial 15.02-hectare township landholding in Merrigum offering a strategic opportunity for residential subdivision with approved permits and clear development pathways.

🏡 Property Highlights

  • Approved planning permit for multi-lot residential subdivision
  • Strategic 15.02-hectare landholding within Merrigum township
  • Proposed 115 residential lots with an average size of 810 m²
  • Development must commence by 26 September 2027 and complete by 26 September 2029
  • Located in the Township Zone (TZ) within the Greater Shepparton Planning Scheme
  • Excellent access to Kyabram, Shepparton, and regional services

✨ Key Features

  • Planning Permit
  • Proposed Number of Lots
  • Average Lot Size
  • Development Commencement Requirement
  • Development Completion Requirement
  • Permit Expiry
  • Planning Permit Approval Date
  • Zoning
  • Land Area
  • Development Potential

Merrigum is a charming township in the Goulburn Valley, offering a peaceful rural lifestyle with convenient access to regional centres. It benefits from a close-knit community, local amenities, and scenic surroundings. The area is ideal for future residential growth, supported by strategic planning and regional infrastructure. Merrigum’s proximity to Kyabram and Shepparton ensures access to extensive retail, health, and employment services. The township’s zoning and approved development pathway make it a prime location for investors and developers seeking long-term growth opportunities.

What is the current zoning of the Merrigum landholding?
The property is zoned as Township Zone (TZ) within the Greater Shepparton Planning Scheme, conforming with its current zoning.
What are the development restrictions and requirements for this land?
Development must commence by 26 September 2027 and be completed by 26 September 2029, in accordance with the approved planning permit Ref. 2022-300.
Is there existing infrastructure or services available on the land?
The property benefits from its strategic location within Merrigum, with access to regional services, though specific infrastructure details should be confirmed.
Are there any environmental or planning restrictions on this land?
The land conforms with its current zoning and has an approved planning permit, with no specific restrictions noted beyond the permit conditions.
What is the process to start development on this land?
Development can commence once the conditions of the approved permit are met, with the requirement to start by 26 September 2027.
Are there any hidden costs or additional fees associated with the development approval process? Has the land been surveyed recently to confirm boundaries and lot sizes? Are there any existing easements, covenants, or restrictions on the land that could affect development? Is the land prone to flooding, bushfire risk, or other environmental hazards? Are there any planned infrastructure projects or zoning changes that could impact future development? What are the council’s requirements for subdivision and development approval? Are there any nearby construction activities or developments that could cause noise or disruption? Is the land compliant with all local planning and environmental regulations? Are there any outstanding rates, taxes, or levies on the property? What is the process for obtaining final approval and connecting utilities for the subdivision?

52-56 Waverley Avenue, Merrigum, Vic 3618 - More Details

$3,300,000 - $3,500,000

A substantial 15.02-hectare landholding positioned within the Merrigum township, offering an exciting residential development opportunity. The property is strategically located within the Goulburn Valley Region, with convenient access to Kyabram and Shepparton and their extensive range of retail, health, employment and community services.

Key Property Highlights-
• Planning Permit: Approved planning permit Ref. 2022-300 for a multi-lot residential subdivision within the Township Zone, including access to Transport Zone 2.
• Proposed Number of Lots: 115 residential lots
• Average Lot Size: Approximately 810 m²
• Development Commencement Requirement: Development is required to commence by 26 September 2027, subject to the conditions of the planning permit.
• Development Completion Requirement: Development is required to be completed by 26 September 2029, subject to the conditions of the planning permit.
• Permit Expiry: 26 September 2027, subject to the terms and conditions of the planning permit.
• Planning Permit Approval Date: 28 August 2023
• Zoning: Township Zone (TZ)
• Land Area: 15.02 hectares of substantial township land
• Local Government: Greater Shepparton City Council
• Region: Goulburn Valley Region, Northern Victoria
• Planning Scheme: Greater Shepparton Planning Scheme
• Zoning Conformity: The subject property appears to conform with its current zoning.
• Development Approval: The approved planning permit provides an established pathway for future multi-lot residential development within the Merrigum township.
• Strategic Location: The property is strategically located within the Merrigum township, providing an established residential development opportunity.
• Location Benefits: Merrigum benefits from its proximity to the larger regional centres of Kyabram and Shepparton, providing access to higher-order retail, health, employment and other supporting services.
• Development Potential: The substantial landholding, Township Zone designation and approved planning permit provide an established basis for future residential subdivision and development.
Type
Residential Land
Area
15.02 ha

Price guide

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  • 52-56 Waverley Avenue, Merrigum, Vic 3618

    Thursday 24 September
    12:00 pm
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