28 Thompsons Road Newborough VIC 3825

Melbourne South Side.

New Residential Development Opportunity. 7 acres of Prime Development Land.
Right Next to Moe Golf Course, Zone: UGZ1 opportunity.

ROI' = $13,200,000 return on 32 Development Sites. Best opportunity ever with more than 500% return on investment.
This 29,000 sqm property presents a compelling investment opportunity for property developers.

The property, located in close proximity to the new residential development at the Narracan Lake Resort, falls under the UGZ1 General Residential zone.
Its appeal is derived from its advantageous position adjacent to the Moe Golf Course and its potential for accommodating up to 32 residential lots, as outlined in the Precinct Structure Plan without any encumbrances.

Additionally, this prospective 32-lot development, subject to obtaining necessary approvals, assures a seamless integration of urban convenience and natural allure.
The property's proximity to the Moe Golf Course and convenient access to the serene Lake Narracan Foreshore offers a lifestyle that seamlessly intertwines leisure and tranquillity.
Moreover, its advantageous location near the vibrant town centre of Moe provides easy access to a diverse range of educational, commercial, and recreational amenities.

Looking ahead, upon the completion of the Lake Narracan restructure, the development will benefit from close proximity to schools, shopping centers, petrol stations, and medical facilities, all within a 2-3 minute walk, in accordance with the Lake Narracan master plan.
This presents an exceptional opportunity for potential investors and developers to leverage a premium parcel of land within this burgeoning locality.

Be Quik, this opportunity will not last long
Phone "Nick, Anytime to Discuss: 0490 844 724