Alex Scott Land is proud to present 50 Browning Road, Nar Nar Goon. An A grade land banking opportunity. This property offers a great investment either as somewhere to live or rent out. If the property was rezoned to residential in the future its value would greatly increase far and beyond any other lifestyle property.
Key Features:
- 10 minute walk to Nar Nar Goon train station, primary school and shops.
- A massive 4 hectares / 10 acres.
- Free of inundation overlay and other environmental encumbrances.
- Water, Power, Sewer and Gas adjoin property boundary at street.
- Flat usable land
- 4 bedroom, 1 bathroom renovated house.
Please see webpage below from Cardinia Shires website. This draft report talks about rezoning green wedge land in Nar Nar Goon to Residential. Page 51
Cardinia_Railway_Towns_Economic_Social_and_Land_Use_Assessment_Draft_20181031.pdf (amazonaws.com)
Nar Nar Goon Train Station is built and up and running, not like some of the other promised stations around Melbourne that are proposed and unbuilt. You can catch a train from Nar Nar Goon today and be in Melbourne CBD within 1 hour and 5 minutes.
Nar Nar Goon is the only railway town which has an overpass making ease of access onto the highway in either direction.
The State Government recently created a rezoning (windfall gains tax) it would be logical they will now start rezoning land to raise more tax revenue.
The Victorian state government wants to build 80,000 houses over the next decade and the federal government is far behind on plans to deliver 1.2 million homes by 2029,it is inevitable that more will make way for housing.