Biggin Scott North presents a rare opportunity to acquire and develop this prime located 2-acre parcel of land in a highly sought-after location. The property will come with an approved planning permit for the development of 29 townhouses. The increasing demand of buyers for housing in South Morang makes it an ideal investment opportunity for developers or investors or builders seeking a lucrative residential project which has a good return on investement.
Key Features:
- An approved planning permit for 29 town houses. (Available in 4 - 6 weeks)
- Growth Potential: This development offers the potential for high returns in a flourishing real estate market
- Easy access to the newly upgraded 3+3 way Plenty road which will connect later to the upcoming North-East link project.
Why developing in South Morang!
1. Public Transport: South Morang is well connected to Melbourne's public transport network, with the South Morang train line providing easy access to the city through three train stations viz. South Morang, Hawkstowe and Plenty Gorge. Additionally, bus services operate in the area, offering convenient transportation options.
2. Shopping and Dining: The suburb is home to several shopping centers, including easy access to Mill Park Lakes shopping centre and Westfield Plenty Valley, which houses numerous retail stores, supermarkets, and dining options. Residents can enjoy a variety of cuisines and browse through a wide range of shops.
3. Parks and Recreation: South Morang boasts numerous parks and green spaces, providing opportunities for outdoor activities and relaxation. The picturesque Plenty Gorge Park and Mill Park Lakes are nearby, offering walking trails, picnic areas, and scenic views.
4. Educational Facilities: The suburb is served by primary and secondary schools including The lakes South Morang P9 School and Senior College, Marymede Catholic College, Little learners early education, etc making it an appealing area for families. Additionally, tertiary institutions such as RMIT University and La Trobe University are easily accessible from South Morang.
5. Health Care: South Morang features healthcare facilities, including medical clinics and dental practices, ensuring residents have access to essential healthcare services.
6. Community Facilities: The area offers various community centers and sporting facilities, promoting a sense of community, and providing spaces for recreational activities, events, and gatherings.
7. South Morang's growing popularity along with growing population and ongoing urban expansion contribute to a strong demand for housing and commercial spaces.
This favorable market condition increases the potential for a successful development venture.
These are just some of the features that make South Morang a vibrant and desirable place to live. Whether you are an experienced developer or an astute investor, this property offers an extraordinary chance to capitalize on the demand for quality housing in a prime location.
It's a fantastic opportunity to create an impressive residential development and this won't last long. Contact us today to arrange a site visit or to obtain further details on this exclusive property sale.
• Simran Khatrha 0431 178 435
• Bhushan Doshi 0415 156 544
Please see the below link for an up-to-date copy of the Due Diligence Check List:
http://www.consumer.vic.gov.au/duediligencechecklist
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent
