84-106 William Street,Wallan_Information Memorandum
WILLIAM Information Memorandum
01 POINT OF INTEREST
02 POINT OF VIEW
03 PROPERTY DETAILS
04 LOCATION
POINT OF INTEREST
ADDRESS
BUILDING AREA
ZONING
TENANCY
84-106 WILLIAM STREET, WALLAN
Main House
4 bedroom, 3 bathroom
Second House 3 bedroom, 2 bathroom
• 370 sqm* horse stables.
• 400 sqm* stockfeed shed.
Land titles:
• 7.49 ha* for lot 1.
• 9.6 ha* for lot 2.
Farming Zone FZ
Second house - Leased October 2024
METHOD OF SALE Private Sale
SALE TERMS
10% deposit 60/90 days
“WITH CHARMING COTTAGES, LUSCIOUS LANDSCAPES AND AN ABUNDANCE OF AMENITY AT YOUR FINGERTIPS, THIS IS ONE STRATEGIC LANDHOLDING THAT IS NOT TO BE MISSED.”
CRAIG MCKELLAR DIRECTOR - NORTHERN REGION.
POINT OF VIEW
Originally owned by Australia’s first billionaire Robert Holmes à Court, this Tuscan-style estate with ample fertile grounds has its roots in wise commercial ventures. While sitting only a few minutes from Wallan’s centre, the site’s future possibilities are an open (cellar) door.
• LOT 1 7.49ha*
• LOT 2 9.6ha*
• Main house - 4 bedroom, 3 bath
• Second house - 3 bedroom, 2 bath
• 285 sqm* main house.
• 175 sqm* second house.
• 370 sqm* horse stables.
• 400 sqm* stockfeed shed.
• 2-car garage.
• 2 km* from Wallan town centre.
• 1 hour drive from Melbourne CBD.
PROPERTY DETAILS
Originally this property was a piece of the renowned Heytesbury Horse Stud, an influential racehorse breeding house that propelled Robert Holmes à Court into billionaire status. Now, Heytesbury is a multi-lot residential housing estate called Hidden Valley, and this particular seismic package abuts Hidden Valley’s astute country club and an 18-hole championship golf course designed by Australian golf royalty Craig Perry.
The horses may be gone, but the beautiful residential cottages, mature landscaped gardens, and timber-clad horsing stables remain — and ready to be occupied as it is or transformed into a new offering. The main house is 252 sqm* and comprises 4 bedrooms, 3 bathrooms, and the near by horse stables are 370 sqm*. The second residence comprises of 3 bedroom and 2 bathroom. There’s a stock feeding shed stretched to 400 sqm*, while all of this is sitting on two land titles of over 17.090 ha*. There’s a detached 2-car garage on the premises, however, the site can accommodate a variety of vehicles — from passenger cars to small commercial trucks and heavy prime movers.
Beautiful, fertile grounds plant the seed for this site to turn into a boutique winery and cellar door. Or, grow a picturesque backdrop and pour the wine instead of growing it by turning this into a wedding or conference venue. Of course, a horse stud or farming venue would
come second nature here, but don’t dismiss the possibility of a residential estate, aged care facility, or a primary/secondary school to support the growing population (STCA).
LOCATION
ALL SIGNS POINT TO: WILLIAM STREET
It’s no tiny town. Wallan’s city centre has expanded to welcome every kind of metro offering, including ALDI, Coles, 7 Eleven, McDonalds,KFC, and every kind of cuisine you’re craving. The Wellington Square Shopping Centre hosts Woolworths, Australia Post, Subway, and numerous local shops, whilst Tyrepower and a 4-star hotel sit across the road.
Technically FZ — Farming Zoning, but this package has the only two titles on the north side of William Street that haven’t been rezoned to the Low Density Residential Zone or Comprehensive Development Zone. With a little admin, there would be significant capital value here if rezoning is achieved.
Whatever your ambition, the neighbouring residential estates will propel your future business further.
Woodlands Edge, Hidden Valley, Wallara Waters, and Springridge Estate all attract Melburnians and out-of-towners alike, and this portion of William Street could hum a similar tune. There are several vacant possession sales to note in the area too:
LOCAL SCHOOLS
• Wallan Primary
• Our Lady of the Way
• Wallan Secondary
• Assumption College Kilmore
RETIREMENT LIVING
• La Dimora Retirement Resort Hidden Valley.
• Under construction retirement village – 2-4 William Street, Wallan.
And the point?
A billion reasons to put your eggs in this basket. From the future development potential to the value of vast, rich land, it’s a race to get into Wallan — so make sure you’ve got a thoroughbred.
WALLAN
SUBURB PROFILE
ON THE MAP: WALLAN
Sitting at the top of the Hume’s spine, Wallan has always attracted residents who like wide, open spaces and a commute that only takes an hour to get into Melbourne’s CBD. It’s recently seen notable growth, primarily driven by its strategic location just outside Melbourne’s Urban Growth Boundary and the Mitchell Shire’s rapid population increase.
Wallan’s population grew by approximately 30.10% between 2011 and 2016, reflecting a significant increase in residents attracted to the area . The broader Mitchell Shire, where Wallan sits, is the fastestgrowing municipality in Victoria. The population of Mitchell Shire is forecasted to grow from 61,362 in 2024 to 176,261 by 2041 , and within Wallan itself, the current 19,726 residents are estimated to swell to over 50,000 by 2041.
In the past year, Wallan’s median house price sat at $620,000, showing a 1.64% growth, while the rental market shows a median rent of $450 per week for houses and $420 for units, with rental yields of 3.77% and 4.89%, respectively.
The significant growth in Wallan and nearby Beveridge necessitates substantial investments in transportation infrastructure to support the expanding population. The Beveridge and Wallan Growth Area Movement Strategy aims to address transport challenges and advocate for funding to ensure sustainable development.
Overall, Wallan’s growth is driven by its affordability, strategic planning, and investments in infrastructure, making it an attractive location for new residents and investors alike.
OUTGOINGS
SITE MEASUREMENTS
PROPERTY PARTICULARS
Council – $7,657.70 pa*
Water – $209.16 pa*
Land Tax – $3,231.00 pa (Lot 2 only)
Frontage to William Street – 109.92 sqm*
Western Side Boundary – 22.26 sqm*
Northern Side Boundary – 109.92 sqm*
Southern side boundary – 582.60 sqm*
TITLE PARTICULARS Certificate of Title – Volume 1429 Folio 663 Lot 1 on Plan of Subdivision PS420378
ZONING
PLANNING OVERLAYS
MUNICIPALITY
Farming Zone FZ
Salinity Management Overlay – SMO
Mitchell Shire Council
“ Under the umbrella of real estate, commercial property stands alone in its unique and diverse opportunity. Ongoingly, those in the market have seen prospects align — whether that’s a location to expand your growing business, an investment with rental and capital growth, or a development with appreciating value.”
CRAIG MCKELLAR DIRECTOR - NORTHERN REGION.
0431 892 780
craig.mckellar@cva.melbourne
POINT OF INTEREST
Craig has been transacting commercial real estate in Melbourne’s north for more than a decade. And in that time, he’s marvelled at how the properties within this point of the city have adapted to the burgeoning urban landscape. It’s a transformation he has witnessed not just as a real estate agent but a property consultant, too. He’s equipped with the resources to think beyond today and forecast market trends, investor profitability and even Melbourne’s weather — yes, you should always pack a jumper.
“Commercial real estate is underpinned by longevity. In the loyal client partnerships we establish and the value we create on a trusted basis, it’s a partnership that starts here, but sees each individual reach their own objectives.”
DANIEL PHILIP DIRECTOR
- SALES. 0439 977 121
daniel.philip@cva.melbourne
POINT OF INTEREST
An agent that turns first impressions into lasting commitments. Since the early days of his career, Daniel has established a level of service that is defined by in-depth market knowledge, expert advice and responsive communication. Committed to creating value in the commercial real estate opportunities he matches with his clients’ objectives, and the ability to think outside the square. Especially if that extends well beyond Melbourne’s inner-city grid.
“Commercial property is integral to the productivity of our society. Turning over the existing property, and similarly the construction of new property ensures innovation, creation and the further evolution of all industries. It is this collective growth that keeps me so excited to deliver for every one of my clients.”
LUCA ANGELICO SENIOR PROPERTY EXECUTIVE.
0439 977 121
daniel.philip@cva.melbourne
POINT OF INTEREST
With an interest in commerce and experience in construction management, Luca has both the creativity and practical problemsolving skills needed to cut it in this industry. Enthusiastic. Committed. Diligent. Having joined CVA in 2017, it was 2020 that saw him become a Sales and Leasing Executive. A role in which Luca is able to showcase his enthusiastic side, fixated on even the smallest of details which make all the difference in helping both developers and investors alike. It’s all of this that will keep you interested in working with him, well beyond the point at which your transaction concludes.
WILLIAM
WILLIAM
Disclaimer: This report has been compiled on the basis of information available. Though efforts have been made to verify or establish the accuracy of all material, it is not possible to warrant that it is accurate. Some predictions are estimates only and necessarily based on assumptions which may not occur. All parties should make their own independent enquires with regard to all the information contained in this report. The report is intended to be general information only and will not form part of any contract nor is it to be taken as any form of any representation, warranty or inducement. The agents and representatives do not accept any responsibility for and will not be liable in respect of any of the contents of this report.
